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Author: KMFSLLP

18 Sep UPDATE 1-China’s Tencent Music seeks $2 billion in U.S. IPO – sources

Posted at 13:30h in News by KMFSLLP 0 Comments

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* Likely one of biggest Chinese listings in New York this year (Adds Tencent comment, pre-marketing details)

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18 Sep RPT-Banks, traders launch first commodities blockchain platform

Posted at 13:28h in News by KMFSLLP 0 Comments

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Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement on Wednesday.

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18 Sep UPDATE 2-Turkey cuts investment levels for citizenship, property sales seen boosted

Posted at 13:24h in News by KMFSLLP 0 Comments

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Turkey has slashed the financial and investment criteria for foreigners to become Turkish citizens, in a move expected to double annual property investment by foreigners to around $10 billion, according to sector officials.

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18 Sep UPDATE 1-Germany mulls fund to fend off Chinese tech takeovers -source

Posted at 13:23h in News by KMFSLLP 0 Comments

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The German government is taking steps to counter a surge in Chinese bids for stakes in German technology companies, including the creation of a billion-euro fund that could rescue such firms in financial trouble, a government source told Reuters.

18 Sep Lebanon president: negative rumours about the economy harm country

Posted at 13:12h in News by KMFSLLP 0 Comments

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Lebanon's currency is not in danger and rumours about the economy are causing harm, President Michel Aoun said on Wednesday, amid concern that a political deadlock has blocked urgent reforms and left the heavily indebted country vulnerable.

18 Sep UPDATE 1-Dutch court will take on shareholders case against Petrobras

Posted at 13:07h in News by KMFSLLP 0 Comments

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Litigation by shareholders against Brazilian state oil company Petroleo Brasileiro SA will proceed in the Netherlands, a Dutch court ruled on Wednesday.

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18 Sep Lower inflation eases pressure on South Africa’s central bank to match EM hikes

Posted at 12:56h in News by KMFSLLP 0 Comments

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South African forward markets cut projections of a rate hike on Wednesday, after inflation fell, as investors bet the central bank would hold rates unlike some emerging market countries that have tightened policy to support weakening currencies.

18 Sep Brexit: the importance of the Salzburg summit

Posted at 12:44h in News by KMFSLLP 0 Comments

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The UK and EU are on course for an exit agreement and an orderly process

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18 Sep UPDATE 1-Italian court allows disputed list of Carige board nominees-sources

Posted at 12:38h in News by KMFSLLP 0 Comments

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An Italian judge has ruled to allow a disputed list of candidates for the board of Carige , two sources close to the matter said, as uncertainty grows over the future of the troubled lender.