Author: KMFSLLP

A crude explanation makes more sense than uncertainty.

* Some customers show signs of squeezed incomes (Recasts, updates CEO quote, adds context)

The European Central Bank is increasingly concerned about euro zone banks' exposure to Turkey, the Financial Times reported on Friday, sending bank shares lower as the Turkish lira hit yet another record low against the U.S. dollar.

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The Philippine competition watchdog said on Friday it has approved ride hail firm Grab's acquisition of Uber's operations, providing it follows rules to ensure fairness to consumers given its stranglehold of the local market.

Currency up slightly against the euro

Pace marks a pick-up from 0.2% in the first three months of 2018

Hong Kong shares finished lower on Friday, in line with their Asian peers, pulled down by mounting global trade war tensions. ** The Hang Seng index ended down 240.68 points or 0.84 percent at 28,366.62 points. The Hang Seng China Enterprises index dropped 0.7 percent to 10,943.08 points. ** The sub-index...

Goldman Sachs sees Prime Minister Theresa May clinching a Brexit deal on access to European Union markets for goods and getting it approved by the British parliament, though it cautioned that a disorderly exit and national election remained possible.

China's primary money rates fell this week as interbank money conditions remained extremely loose, with the central bank encouraging lending to bolster the economy amid slowing growth and a worsening trade environment. With already-ample liquidity conditions, the People's Bank of China skipped its regular open market...

More than 17,000 jobs at risk after rescue talks fail