SHANGHAI/SINGAPORE (Reuters) -China left benchmark lending rates unchanged at a monthly fixing on Thursday, in line with market expectations. WHY IT'S IMPORTANT The steady monthly LPR fixings underscore that Beijing's monetary easing efforts continued to be limited by narrowing interest rate margins and a weakening currency, despite a flurry of recent data showing more support is needed to shore up...

June 19 (Reuters) - Vanda Pharmaceuticals Inc ( VNDA ): * VANDA PHARMACEUTICALS BOARD OF DIRECTORS DETERMINES THAT RECENT UNSOLICITED TAKEOVER PROPOSALS ARE NOT IN THE BEST INTERESTS OF THE COMPANY AND ITS SHAREHOLDERS * BOARD HAS REJECTED PROPOSALS * PROPOSAL FROM CYCLE GROUP AND REVISED PROPOSAL FROM FUTURE PAK UNDERVALUE VANDA Source text for Eikon: Further company coverage: ...

June 19 (Reuters) - Vanda Pharmaceuticals ( VNDA ) said on Wednesday that it has rejected takeover offers UK-based Cycle Pharmaceutical and a revised bid from contract manufacturer Future Pak, adding that both offers undervalue the U.S. drugmaker. ...

SYDNEY, June 20 (Reuters) - Hong Kong-based insurer FWD Group is raising $600 million from the sale of a 7-year subordinated dollar bond, according to a term sheet seen by Reuters on Thursday. The initial price guidance given to investors is Treasuries plus 380 basis points, the term sheet said. FWD said in an exchange filing the proceeds would be...