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Author: KMFSLLP

23 Mar Johnson forced to close UK in bid to halt virus spread

Posted at 09:02h in News by KMFSLLP 0 Comments

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All non-essential shops shut and police to enforce stay-at-home order

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23 Mar First of Hong Kong’s new online-only banks starts operating

Posted at 07:46h in News by KMFSLLP 0 Comments

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ZA bank, a unit of China's ZhongAn Online P&C Insurance Co. <6060 > began operating on Tuesday, it said in a statement, the first of Hong Kong's new online only banks to do so.

23 Mar ECB intends to be major buyer in commercial player market -Villeroy

Posted at 07:45h in News by KMFSLLP 0 Comments

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The European Central Bank intends to be major buyer of commercial paper when it enters that market this week, ECB policymaker Francois Villeroy de Galhau said in an interview with French website Wansquare.

23 Mar UPDATE 1-Norwegian Air secures cash infusion from state rescue package

Posted at 07:40h in News by KMFSLLP 0 Comments

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Norwegian Air has fulfilled the first condition for taking part in a government-led rescue package for the airline industry, securing an initial cash infusion of 300 million Norwegian crowns ($26.63 million), the budget carrier said.

23 Mar Australia’s largest pension fund cuts value of unlisted assets on virus hit

Posted at 07:37h in News by KMFSLLP 0 Comments

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AustralianSuper, the country's largest pension fund, lowered the value of its unlisted investments by 7% due to the coronavirus pandemic, its Chief Executive Ian Silk said on Tuesday.

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23 Mar Nikkei gains most since 2016 on hopes for BOJ buying; SoftBank Group jumps

Posted at 07:10h in News by KMFSLLP 0 Comments

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Japan's share benchmark Nikkei climbed more than 7% on Tuesday, logging its biggest one-day surge in more than four years, boosted by hopes for massive buying by the Bank of Japan (BOJ) and public pension funds.

23 Mar India needs stimulus plan or it risks crippling small businesses -industry bodies

Posted at 07:09h in News by KMFSLLP 0 Comments

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India's small and mid-sized enterprises (SMEs) will struggle for survival if the government does not follow international counterparts in offering financial support to those acutely impacted by the coronavirus outbreak, industry bodies said.

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23 Mar INSIGHT-Banks struggle to ride to the rescue in Europe’s cash crunch battle

Posted at 07:00h in News by KMFSLLP 0 Comments

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Corrado Sforza Fogliani is on the frontlines of European efforts to keep the region's economy alive amid the coronavirus pandemic.

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23 Mar UPDATE 1-Italy favours using ESM fund without conditions to manage virus hit- source

Posted at 06:58h in News by KMFSLLP 0 Comments

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Italy is in favour of allowing the euro zone's ESM bailout fund to provide financial support with no conditionality to the economies hit by the coronavirus outbreak, a government source told Reuters on Tuesday.

23 Mar Australian shares jump on Fed’s QE boost, NZ posts record daily gain

Posted at 06:34h in News by KMFSLLP 0 Comments

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* Miner Rio Tinto flags hit to operations in S.Africa, Canada

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Author: KMFSLLP

23 Mar Johnson forced to close UK in bid to halt virus spread

23 Mar First of Hong Kong’s new online-only banks starts operating

23 Mar ECB intends to be major buyer in commercial player market -Villeroy

23 Mar UPDATE 1-Norwegian Air secures cash infusion from state rescue package

23 Mar Australia’s largest pension fund cuts value of unlisted assets on virus hit

23 Mar Nikkei gains most since 2016 on hopes for BOJ buying; SoftBank Group jumps

23 Mar India needs stimulus plan or it risks crippling small businesses -industry bodies

23 Mar INSIGHT-Banks struggle to ride to the rescue in Europe’s cash crunch battle

23 Mar UPDATE 1-Italy favours using ESM fund without conditions to manage virus hit- source

23 Mar Australian shares jump on Fed’s QE boost, NZ posts record daily gain

KM Financial Solutions LLP

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