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20 May UK financial compensation body raises levy to fund LCF claims

Posted at 06:42h in News by KMFSLLP 0 Comments

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Britain's Financial Services Compensation Scheme (FSCS) said it had earmarked 44 million pounds ($54 million) to pay claims from a small number of the investors who lost money after the collapse of investment company London Capital & Finance (LCF).

20 May Lebanon at risk of major food crisis, PM warns

Posted at 06:37h in News by KMFSLLP 0 Comments

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Lebanon is at risk of a major food crisis and many Lebanese may soon find it hard to afford bread because of an acute financial crunch and the fall-out of COVID-19, the prime minister warned.

20 May JPMorgan plans to hire a dozen research analysts for China brokerage -sources

Posted at 06:27h in News by KMFSLLP 0 Comments

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* Plans to double China-listed companies coverage in five years

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20 May S.Africa’s Investec reports 16.8% drop in annual profit

Posted at 06:24h in News by KMFSLLP 0 Comments

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South African financial services firm Investec reported a 16.8% drop in full-year profit on Thursday.

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20 May Foreign investors sell Japanese shares for 14th straight week, longest on record

Posted at 06:18h in News by KMFSLLP 0 Comments

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Foreigners sold a net 404.9 billion yen ($3.8 billion) of Japanese stocks last week, data from Japan Exchange Group showed on Thursday, marking the 14th consecutive week of selling, the longest on record.

20 May INSIGHT-Britons spurned by banks caught in a coronavirus credit crunch

Posted at 06:00h in News by KMFSLLP 0 Comments

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When a payroll glitch left Natalie Gallagher so short of cash this month she couldn't afford her bus fare to work, she turned to her usual lender Amigo for an emergency top-up loan.

20 May Sellers beware: Price collapse triggers bartering over oil and gas deals

Posted at 06:00h in News by KMFSLLP 0 Comments

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* Help includes debt, offtake agreements, deferment of payments

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20 May China, Hong Kong stocks little changed ahead of parliament session

Posted at 04:39h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used 3%, Shanghai->HK daily quota used 4.1%

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20 May SE Asia Stocks-Most rise tracking Wall St; Malaysia hits over 2-month high

Posted at 04:19h in News by KMFSLLP 0 Comments

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Southeast Asian stock markets rose on Thursday, tracking gains in Asia and Wall Street equities, as investors again bet on hopes of quicker economic recovery from the coronavirus-led lockdowns ahead of a key policy meeting in China. Hopes of an economic rebound grew in the U.S....

20 May UK inflation falls to 0.8% as spending is slashed

Posted at 04:00h in News by KMFSLLP 0 Comments

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Savings accounts look better value — for now

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News

20 May UK financial compensation body raises levy to fund LCF claims

20 May Lebanon at risk of major food crisis, PM warns

20 May JPMorgan plans to hire a dozen research analysts for China brokerage -sources

20 May S.Africa’s Investec reports 16.8% drop in annual profit

20 May Foreign investors sell Japanese shares for 14th straight week, longest on record

20 May INSIGHT-Britons spurned by banks caught in a coronavirus credit crunch

20 May Sellers beware: Price collapse triggers bartering over oil and gas deals

20 May China, Hong Kong stocks little changed ahead of parliament session

20 May SE Asia Stocks-Most rise tracking Wall St; Malaysia hits over 2-month high

20 May UK inflation falls to 0.8% as spending is slashed

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