Author: KMFSLLP

Britain's peer-to-peer lenders faced tough new rules on Monday, which industry executives and analysts expect to prompt a clearout after the failure of two firms in the last six months.

The Hungarian forint fell 0.3% versus the euro on Monday, giving back some of its early-December gains, as central Europe's worst-performing currency continued to seesaw between record lows and slightly stronger levels. At 0952 GMT, the forint traded at 331.72 versus the euro, underperforming its regional...

Most Southeast Asian markets weakened on Monday, as worries over poor economic data from China offset Wall Street cheer on strong U.S. jobs data, while investors buckled in for a crucial week of trade negotiations. Chinese exports eased for the fourth straight month in November,...

Amigo founder James Benamor staged an apparent boardroom coup on Monday, returning to the subprime lender and prompting the exit of its chief executive and chairman.

Evergrande Group's record dividend, which is set to bring a $2 billion windfall for its chairman, could signal a delay to a planned domestic listing for the Chinese property firm and a potential cash squeeze, analysts said.

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* Tesco set for best day in 2 months on review of Asian units

Indonesian e-commerce firm Bukalapak announced on Monday that chief executive and co-founder Achmad Zaky will be stepping down from his role in January 2020 and will be replaced by financier Rachmat Kaimuddin.

Kazakhstan's central bank kept its policy rate unchanged at 9.25% on Monday, citing the need to preemptively curb expectations of higher inflation and tenge depreciation due to the widening current account gap.

Kazakhstan's central bank kept its policy rate unchanged at 9.25% on Monday, citing the need to preemptively curb expectations of higher inflation and tenge depreciation due to the widening current account gap.

British Prime Minister Boris Johnson said on Monday he would try to find a way to honour his promise to oppose Heathrow airport expansion by lying down in front of bulldozers but that it might be difficult for him.