Posted at 09:00h
in
News
by KMFSLLP
South Africa-based
financial technology firm JUMO plans to expand in high-growth
Asian markets after securing the backing of Goldman Sachs
in an equity funding round, the company's chief executive said.
...
Posted at 08:58h
in
News
by KMFSLLP
Media group Schibsted
will spin off its international online classified ads operations
in an initial public offering, the Norwegian company said on
Tuesday, sending its shares surging more than 10 percent.
...
Posted at 08:57h
in
News
by KMFSLLP
European shares followed their
Asian peers upwards after U.S. President Donald Trump imposed 10
percent tariffs on an additional $200 billion worth of Chinese
imports and warned of duties on more products if China took
retaliatory action.
Posted at 08:51h
in
News
by KMFSLLP
The UK's top share index steadied
in morning trade on Tuesday, weighed down by losses among
tobacco stocks, although investors took in their stride
Washington's decision to go ahead with 10 percent tariffs on
another $200 billion of Chinese goods.
Posted at 08:24h
in
News
by KMFSLLP
Abu Dhabi Islamic Bank
expects to increase lending in 2018 after boosting its
capital, its acting chief executive said, adding that the rate
of profit growth will slow as the sharia-compliant bank battles
against a sluggish economy.
Posted at 08:16h
in
News
by KMFSLLP
Marsh & McLennan Companies Inc
has agreed to buy Jardine Lloyd Thompson for about 4.3
billion pounds ($5.7 billion) as the U.S. financial services
group looks to boost its speciality risk broking and global
reinsurance business.
Posted at 07:50h
in
News
by KMFSLLP
Japan's average land prices rose
for the first time in 27 years in the year to July 1 as an
influx of foreign tourists boosted demand for hotel properties
and shops, a government survey showed on Tuesday.
Posted at 07:48h
in
News
by KMFSLLP
The euro zone needs to agree on
the details of a backstop for its planned bank resolution fund
by the end of the year, European Central Bank policymaker
Francois Villeroy de Galhau said on Tuesday.
Posted at 07:47h
in
News
by KMFSLLP
An Australian inquiry into
financial sector misconduct heard on Tuesday the local insurance
unit of Germany's Allianz SE commissioned an
independent review of its culture, but then handed the report
back because it didn't like the findings.
Posted at 07:29h
in
News
by KMFSLLP
European shares opened little
changed after U.S. President Donald Trump imposed 10 percent
tariffs on an additional $200 billion worth of Chinese imports,
and warned of duties on more products if China took retaliatory
action.
