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Author: KMFSLLP

10 Oct Chinese stocks tumble to multi-year lows after Wall St rout

Posted at 07:25h in News by KMFSLLP 0 Comments

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China's benchmark Shanghai Composite Index dived to near four-year lows on Thursday, joining a global equities rout after a tech sell-off battered Wall Street overnight.

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10 Oct European shares plunge to 20-month lows as Wall St rout sparks sell-off

Posted at 07:22h in News by KMFSLLP 0 Comments

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European shares fell to their lowest level in more than 20 months on Thursday following a rout on Wall Street as jitters over rising U.S. Treasury yields sparked a broad selloff of risky assets.

10 Oct China’s Alipay says stolen Apple IDs behind thefts of users’ money

Posted at 07:04h in News by KMFSLLP 0 Comments

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Ant Financial's Alipay, the operator of one of China's top two mobile payment apps, said hackers have taken an unknown amount of money from accounts using stolen Apple Inc IDs and the issue remains unresolved despite reaching out to the U.S. giant.

10 Oct Fed’s Bullard hopes for more trade deals like NAFTA 2.0 to reduce uncertainty

Posted at 07:04h in News by KMFSLLP 0 Comments

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More trade deals like the recently concluded agreement between the United States, Canada and Mexico, would help reduce uncertainty related to trade and economic growth, St. Louis Federal Reserve Bank President James Bullard said on Thursday.

10 Oct South African rand gains ground against softer dollar

Posted at 07:02h in News by KMFSLLP 0 Comments

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The South African rand firmed against the dollar on Thursday after the greenback was jolted by the worst fall in U.S. stocks in nearly eight months.

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10 Oct WRAPUP 1-IMF’s Lagarde warns against trade, currency wars, urges fix to global rules

Posted at 06:56h in News by KMFSLLP 0 Comments

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International Monetary Fund Managing Director Christine Lagarde on Thursday warned countries against engaging in both trade and currency wars, saying these would hurt global growth and imperil "innocent bystanders."

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10 Oct UPDATE 1-French bank Natixis examining merging payments business with Ingenico

Posted at 06:54h in News by KMFSLLP 0 Comments

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* Payments sector has seen several M&A deals (Adds background and detail)

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10 Oct UPDATE 3-BOJ board member warns trade protectionism could hurt Japan’s growth

Posted at 06:52h in News by KMFSLLP 0 Comments

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* No need for further easing now -Sakurai (Adds comment from news conference)

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10 Oct UPDATE 1-China should prepare ‘more powerful’ steps to support economy – state media

Posted at 06:36h in News by KMFSLLP 0 Comments

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China should prepare "more powerful" policy measures, possibly including a large-scale stimulus package, to prevent its economy from stalling as trade frictions with the United States persist, a state-backed tabloid said in a commentary on Thursday.

10 Oct Billionaire Fredriksen’s Flex raises $300 mln for more LNG ships

Posted at 06:31h in News by KMFSLLP 0 Comments

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Flex LNG, controlled by Norwegian-born billionaire John Fredriksen, has raised $300 million in a private placement of shares to help pay for five new vessels costing $918 million, it said on Thursday.

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Author: KMFSLLP

10 Oct Chinese stocks tumble to multi-year lows after Wall St rout

10 Oct European shares plunge to 20-month lows as Wall St rout sparks sell-off

10 Oct China’s Alipay says stolen Apple IDs behind thefts of users’ money

10 Oct Fed’s Bullard hopes for more trade deals like NAFTA 2.0 to reduce uncertainty

10 Oct South African rand gains ground against softer dollar

10 Oct WRAPUP 1-IMF’s Lagarde warns against trade, currency wars, urges fix to global rules

10 Oct UPDATE 1-French bank Natixis examining merging payments business with Ingenico

10 Oct UPDATE 3-BOJ board member warns trade protectionism could hurt Japan’s growth

10 Oct UPDATE 1-China should prepare ‘more powerful’ steps to support economy – state media

10 Oct Billionaire Fredriksen’s Flex raises $300 mln for more LNG ships

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