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16 Jun UPDATE 2-De La Rue seeks cash to fund shift to plastic notes

Posted at 09:06h in News by KMFSLLP 0 Comments

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* Annual profit down 61% (Adds detail on job cuts, shares, analyst comment, CEO comments)

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16 Jun Winson seeks $30 mln from Standard Chartered Singapore over Hin Leong deal

Posted at 09:00h in News by KMFSLLP 0 Comments

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Winson Oil Trading Pte Ltd has started legal proceedings against Standard Chartered Bank (Singapore) Ltd to claim at least $30.4 million in payment for a diesel cargo it sold to Hin Leong Trading Pte Ltd, court documents showed.

16 Jun Hong Kong shares edge higher amid caution over fresh virus cases in China, U.S.

Posted at 08:50h in News by KMFSLLP 0 Comments

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Hong Kong shares ended slightly higher on Wednesday, as investors remained cautious that a resurgence in new coronavirus cases in China and the United States could slow down global economic recovery.

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16 Jun UPDATE 1-European shares rise on hopes of more U.S. stimulus

Posted at 08:43h in News by KMFSLLP 0 Comments

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* PostNL jumps on raising FY outlook (Adds comments, background, updates prices)

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16 Jun UPDATE 3-HSBC revives 35,000 job cut plan after pandemic pause

Posted at 08:33h in News by KMFSLLP 0 Comments

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* Axed staff will remain paid for much of 2020 (Adds reaction, updates shares)

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16 Jun Crypto exchange Binance to launch UK trading platform in summer of 2020

Posted at 08:00h in News by KMFSLLP 0 Comments

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Binance, the global blockchain company behind one of the world's largest digital asset exchanges, said on Wednesday it will launch a cryptocurrency trading platform in the UK this summer.

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16 Jun UK inflation falls to 4-year low in May as lockdown takes toll

Posted at 07:50h in News by KMFSLLP 0 Comments

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Consumer prices rose just 0.5% year on year and economists expect rate to drop further

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16 Jun TikTok owner ByteDance Q1 revenue soared to around $5.6 bln -sources

Posted at 07:50h in News by KMFSLLP 0 Comments

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Beijing-based ByteDance, the privately owned operator of short video app TikTok, booked around 40 billion yuan ($5.64 billion) in revenue for the January-March quarter, said two people with knowledge of the matter.

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16 Jun China shares end nearly flat on Bejing’s movement curbs to contain fresh virus cases

Posted at 07:49h in News by KMFSLLP 0 Comments

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China shares closed little changed on Wednesday, as investors remained cautious due to Beijing's curbs on travel and movement in some areas to contain a resurgence in the new coronavirus cases in the capital city.

16 Jun Government backing for Australian securitised bonds fuels investor interest

Posted at 07:42h in News by KMFSLLP 0 Comments

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Strong government support in the Australian securitisation market, one of the Asia-Pacific region's largest after China, is underpinning a surge in investor interest in mortgage-backed bonds at perceived bargain prices.

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News

16 Jun UPDATE 2-De La Rue seeks cash to fund shift to plastic notes

16 Jun Winson seeks $30 mln from Standard Chartered Singapore over Hin Leong deal

16 Jun Hong Kong shares edge higher amid caution over fresh virus cases in China, U.S.

16 Jun UPDATE 1-European shares rise on hopes of more U.S. stimulus

16 Jun UPDATE 3-HSBC revives 35,000 job cut plan after pandemic pause

16 Jun Crypto exchange Binance to launch UK trading platform in summer of 2020

16 Jun UK inflation falls to 4-year low in May as lockdown takes toll

16 Jun TikTok owner ByteDance Q1 revenue soared to around $5.6 bln -sources

16 Jun China shares end nearly flat on Bejing’s movement curbs to contain fresh virus cases

16 Jun Government backing for Australian securitised bonds fuels investor interest

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