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Author: KMFSLLP

01 Sep UPDATE 2-Defensive buying drives European stocks higher; FTSE outperforms

Posted at 16:44h in News by KMFSLLP 0 Comments

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* Euro zone manufacturing contracted for seventh month (Updates to close)

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01 Sep UPDATE 1-Cyprus says pays off 2011 Russian debt

Posted at 16:35h in News by KMFSLLP 0 Comments

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Cyprus has fully repaid a loan it secured from Russia in 2011, its finance minister said on Monday, a debt assumed by the island's former communist-led administration to keep it afloat at the peak of a financing crisis.

01 Sep Gove pulls plans to reveal ‘watered down’ Yellowhammer

Posted at 16:13h in News by KMFSLLP 0 Comments

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Ministers say no-deal Brexit contingencies would still alarm UK public

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01 Sep Tata Steel puts 380 jobs at risk with Newport closure

Posted at 15:56h in News by KMFSLLP 0 Comments

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Plans to close Orb factory in south Wales after failure to find a buyer

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01 Sep UPDATE 2-Dubai addresses property market slump with new planning body

Posted at 15:40h in News by KMFSLLP 0 Comments

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* Property shares jump on news of the planning body (Adds further details, comments)

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01 Sep Positive yields ahoy! Investors hoover up European junk bond issues

Posted at 15:26h in News by KMFSLLP 0 Comments

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Junk-rated firms Smurfit Kappa and Thyssenkrupp were overwhelmed with demand when they kicked off post-summer proceedings for the European high-yield market on Monday, as yield-starved investors piled into the new issues.

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01 Sep Japan pension funds boost alternative assets in yield hunt, Mizuho says

Posted at 15:00h in News by KMFSLLP 0 Comments

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Japanese pension funds are showing a growing appetite for investing in real estate and corporate debt as they seek higher returns in alternative assets amid ultra-low yields, the head of Mizuho Financial Group's trust banking arm said.

01 Sep Johnson must beware lure of honeymoon popularity

Posted at 14:48h in News by KMFSLLP 0 Comments

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Early success in Downing Street more often than not leads to a darker fate

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01 Sep UPDATE 1-Julius Baer’s Kairos plots potential Italian acquisitions

Posted at 14:02h in News by KMFSLLP 0 Comments

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Julius Baer's European head said on Monday that the Swiss bank's Italian subsidiary Kairos Investment Management will look at potential acquisitions in Italy.