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Author: KMFSLLP

30 Jan China’s service sector activity grows faster in January – official PMI

Posted at 01:08h in News by KMFSLLP 0 Comments

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Growth in China's services sector activity quickened in January, official data showed on Friday.

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30 Jan SAMA launches licenses for non-bank financial institutions -statement

Posted at 00:32h in News by KMFSLLP 0 Comments

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The Saudi Arabian Monetary Agency (SAMA) issued licenses for non-bank financial institutions in the Kingdom for the first time on Thursday, licensing an electronic wallet company and a payment services company. The move to license financial technology companies was aimed at opening financial services to non-banking actors and supporting development of...

30 Jan U.S. SEC Commissioner defends proposal on shareholder voting rules

Posted at 00:03h in News by KMFSLLP 0 Comments

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A top official at the U.S. Securities and Exchange Commission on Thursday defended an agency shareholder voting proposal amid "misconception" received from the SEC's public consultation process over new limits to vote on thorny issues like climate change disclosure and executive pay.

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29 Jan UPDATE 2-Under ratings scrutiny, Mexico vows strict debt management

Posted at 23:58h in News by KMFSLLP 0 Comments

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Mexico's finance ministry pledged strict management of public sector debt on Thursday and said the government's financing needs would be lower this year than last, when the country's credit ratings came under intense scrutiny.

29 Jan UPDATE 2-Visa sees muted revenue growth in 2020, shares fall 3%

Posted at 23:37h in News by KMFSLLP 0 Comments

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Visa Inc on Thursday fell short of analysts' estimate for first-quarter revenue and said revenue this year would be crimped by incentives it provide to banking clients, sending its shares down nearly 3%.

29 Jan Triton offers to buy Renk for 97.80 euros a share

Posted at 23:13h in News by KMFSLLP 0 Comments

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German car and truck maker Volkswagen on Thursday said it had sold its transmissions making unit Renk to Triton for 97.80 euros a share, in a deal which gives Volkswagen proceeds of 530 million euros.

29 Jan Turkish Airlines says it suspends flights to China until Feb. 9

Posted at 22:34h in News by KMFSLLP 0 Comments

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Turkish Airlines is suspending its flights to mainland China after the World Health Organisation said it was declaring the coronavirus outbreak in China a global emergency, the company's CEO said on Friday.