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Author: KMFSLLP

28 Nov WRAPUP 1-CIBC misses earnings forecasts while rival TD beats

Posted at 15:36h in News by KMFSLLP 0 Comments

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Canadian Imperial Bank of Commerce on Thursday reported quarterly earnings which missed market expectations for the first time in four years, sending its shares lower, while larger rival Toronto-Dominion Bank marginally beat forecasts.

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28 Nov Trump denies working on Moscow real estate project

Posted at 15:32h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump on Thursday denied working on a Trump Organization real estate project in Moscow, which his former lawyer Michael Cohen said he had pursued until June 2016.

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28 Nov UPDATE 1-South Africa’s rand lifted by dovish Fed comments, stocks fall

Posted at 15:31h in News by KMFSLLP 0 Comments

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South Africa's rand firmed against a softer dollar on Thursday, in line with emerging markets and a fall in bond yields, as dovish comments from U.S. Federal Reserve Chairman Jerome Powell boosted demand for riskier assets.

28 Nov UPDATE 1-Moldova appoints new central bank governor to push IMF-backed reforms

Posted at 15:08h in News by KMFSLLP 0 Comments

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Moldova's parliament on Thursday confirmed Finance Minister Octavian Armasu as the new central bank governor, a role in which he is expected to press on with donor-backed banking reforms after the resignation of Sergiu Cioclea this month.