Author: KMFSLLP

Short sellers' months-long pursuit of Wirecard paid off spectacularly on Thursday when shares in the German fintech company plunged a record 60%.

* Auditor EY has questions over 1.9 billion euros in cash balances

* SNB says "no limit" to currency interventions (Rewrites, adding comments, analysts, market reaction)

The Bank of England increased its bond-buying programme by 100 billion pounds ($125 billion) on Thursday as it sought to help steer the economy away from a record slump in March and April caused by the coronavirus lockdown.

Prudential sold a minority stake in its U.S. business, Jackson, to Apollo Global-backed Athene Holding for $500 million, the insurer said on Thursday, in the first phase of its plan to create an independent U.S. business. The London-listed, Asia-focused insurer, which is also regulated in Hong Kong, has been looking for...

Thailand's central bank unveiled on Thursday plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC), or traditional money but in digital form being developed by monetary authorities around the world.

* French and UK leaders to discuss Brexit, coronavirus (Adds details)

* C.bank sees "Nike-shaped" economic recovery (Adds quotes, details)

* Bad debts could hit 10% as coronavirus knocks economy - BASA

Indian shares closed higher on Thursday, rising sharply in afternoon trade after Beijing said a fresh coronavirus outbreak was under control.