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Author: KMFSLLP

19 Feb Yen’s safe-haven status under siege as Japan’s economy sputters

Posted at 10:09h in News by KMFSLLP 0 Comments

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The yen's status as a safe haven is coming under pressure as unease grows about the rising number of coronavirus cases in Japan, against the backdrop of a stuttering domestic economy.

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19 Feb UK retail gloom eases as spending bounces back

Posted at 09:58h in News by KMFSLLP 0 Comments

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Consumer spending rises more than expected in January after decisive election result

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19 Feb UPDATE 2-China Jan new bank loans hit record, more policy support seen

Posted at 09:56h in News by KMFSLLP 0 Comments

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* C.bank steps up policy support for economy amid trade tensions (Adds analyst comment, details)

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19 Feb Lebanon in phase of seeking IMF advice, aid comes in next phase-fin min

Posted at 09:54h in News by KMFSLLP 0 Comments

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The Lebanese government is in a phase of getting technical advice from the IMF and assistance will come in the next phase, Finance Minister Ghazi Wazni said in a statement on Thursday, without spelling out where aid might come from.

19 Feb UPDATE 1-European shares dip on weak corporate earnings, virus risks

Posted at 09:39h in News by KMFSLLP 0 Comments

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* Air France falls after profit warning on virus impact (Adds comments, details; updates prices)

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19 Feb China to cut $71.3 bln insurance fees to help firms amid coronavirus outbreak

Posted at 09:32h in News by KMFSLLP 0 Comments

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China is expected to cut pension contributions and insurance fees by more than 500 billion yuan ($71.27 billion) this year, government officials said on Thursday, as it seeks to help companies weather the coronavirus outbreak.

19 Feb UPDATE 2-Swiss Re misses expectations amid storms, U.S. casualty claims

Posted at 09:30h in News by KMFSLLP 0 Comments

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Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, sending its shares lower.

19 Feb Lebanon’s Aoun vows accountability over financial crisis-Twitter

Posted at 09:20h in News by KMFSLLP 0 Comments

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Lebanese President Michel Aoun said on Thursday measures would be taken to hold to account all those who contributed to Lebanon's financial crisis through illegal actions be they transfers abroad, manipulation of Eurobonds or other acts.