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Author: KMFSLLP

19 Jul UPDATE 1-Baker Hughes revenue misses on lower demand for oilfield equipment

Posted at 11:13h in News by KMFSLLP 0 Comments

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Oilfield services provider Baker Hughes , controlled by GE, on Friday reported lower-than-expected quarterly revenue as demand for its equipment fell.

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19 Jul Italian govt has reached agreement on CDP nominations -source

Posted at 11:11h in News by KMFSLLP 0 Comments

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The Italian government has reached a deal on who should take charge of state lender Cassa Depositi e Prestiti (CDP), a government source said on Friday, ending weeks of tension over the sensitive appointments.

19 Jul China, sensing risks, moves to limit short-term bond funds

Posted at 11:09h in News by KMFSLLP 0 Comments

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China's securities watchdog is urging mutual fund managers to reduce the size of a type of short-term bond funds that have thrived on investors' flight to safety, amid growing concerns of the quality of underlying assets.

19 Jul UPDATE 1-China green-lights offshore foreign currency bonds as interbank collateral

Posted at 11:05h in News by KMFSLLP 0 Comments

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China on Friday said that it will soon introduce a foreign currency lending business that will allow borrowers to use offshore foreign currency bonds as collateral for interbank loans, in a further step toward liberalising the country's capital markets.

19 Jul UPDATE 2-U.S. custodian bank State Street to buy investment firm Charles River

Posted at 11:04h in News by KMFSLLP 0 Comments

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U.S. custodian bank State Street Corp said on Friday it would buy Charles River Development, a privately held investment management firm, for $2.6 billion in cash.

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19 Jul Investors buy big in bonds, flee gold in large numbers-BAML

Posted at 10:58h in News by KMFSLLP 0 Comments

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Global investors ploughed $5 billion into bonds and withdrew money from gold and European equities in the past week, as fears of a trade war encourage investors to seek safety in fixed income, Bank of America Merrill Lynch (BAML) said on Friday.

19 Jul Baker Hughes revenue rises 2.4 pct

Posted at 10:53h in News by KMFSLLP 0 Comments

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Baker Hughes, the oilfield services company controlled by GE, reported a 2.4 percent rise in quarterly revenue, helped by a jump in service orders.

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19 Jul UPDATE 2-Lloyd’s insurer Beazley frets about a hard Brexit as first-half profit slumps

Posted at 10:09h in News by KMFSLLP 0 Comments

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* Hard Brexit could mean no cross border payments (Adds CEO, Finance Director comments on Brexit, bond yields. Adds shares)

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19 Jul Russian Railways consider ceding control in pension fund – sources

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Russian Railways, the state-controlled railways operator, is considering ceding control in Blagosostoyanie, the country's second largest corporate pension fund as part of a drive to divest non-core assets, six sources familiar with the plans told Reuters.

19 Jul German minister warns ‘time is running out’ on Brexit talks

Posted at 09:55h in News by KMFSLLP 0 Comments

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Europe minister Michael Roth growing ‘nervous’ about state of negotiations

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Author: KMFSLLP

19 Jul UPDATE 1-Baker Hughes revenue misses on lower demand for oilfield equipment

19 Jul Italian govt has reached agreement on CDP nominations -source

19 Jul China, sensing risks, moves to limit short-term bond funds

19 Jul UPDATE 1-China green-lights offshore foreign currency bonds as interbank collateral

19 Jul UPDATE 2-U.S. custodian bank State Street to buy investment firm Charles River

19 Jul Investors buy big in bonds, flee gold in large numbers-BAML

19 Jul Baker Hughes revenue rises 2.4 pct

19 Jul UPDATE 2-Lloyd’s insurer Beazley frets about a hard Brexit as first-half profit slumps

19 Jul Russian Railways consider ceding control in pension fund – sources

19 Jul German minister warns ‘time is running out’ on Brexit talks

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