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News

24 Mar Building sites start to close despite government advice

Posted at 14:13h in News by KMFSLLP 0 Comments

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Move comes amid escalating political row with London’s mayor over coronavirus risks

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24 Mar Positive test for Prince Charles raises royal coronavirus fears

Posted at 13:38h in News by KMFSLLP 0 Comments

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Heir to British throne works from home in Scotland while Queen remains in good health

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24 Mar Lenders sound warning on mortgage holidays

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

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Households urged to consider options such as reduced payments instead of delaying debt

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24 Mar Sterling hits new low against UK’s trading partners

Posted at 10:37h in News by KMFSLLP 0 Comments

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Analysts note huge relief efforts and history of high inflation after times of stress

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24 Mar UPDATE 1-UK tells banks to keep lending through coronavirus

Posted at 10:32h in News by KMFSLLP 0 Comments

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British banks must keep lending to businesses through the coronavirus crisis to ensure viable companies do not fail, the government and Bank of England said on Wednesday, after promising 330 billion pounds in loan guarantees.

24 Mar MTN Uganda eliminates mobile money charges amid coronavirus outbreak

Posted at 10:21h in News by KMFSLLP 0 Comments

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MTN Uganda, the country's largest telecoms firm, has eliminated some charges on its mobile money platform to help spur greater use of digital transactions and discourage the use of cash as a way to potentially slow the spread of the coronavirus outbreak.

24 Mar SE Asia Stocks-Gain across the board as U.S. stimulus bolsters sentiment

Posted at 10:21h in News by KMFSLLP 0 Comments

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Southeast Asian stock markets rose sharply on Wednesday as a massive U.S. fiscal stimulus package to rein in the economic impact of the coronavirus pandemic boosted investor sentiment around the world. The stimulus package, expected to be worth $2 trillion and signed betw

24 Mar UPDATE 1-UK watchdog says milestones for ending Libor hit by coronavirus

Posted at 10:21h in News by KMFSLLP 0 Comments

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Meeting some of the milestones for ending the use of Libor for pricing loans could be difficult for some firms, Britain's Financial Conduct Authority said on Wednesday.

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24 Mar CORRECTED-UPDATE 1-Credit Suisse spying scandal hits ex-CEO Thiam’s bonus

Posted at 10:14h in News by KMFSLLP 0 Comments

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The surveillance scandal at Credit Suisse cost former Chief Executive Tidjane Thiam part of his bonus in 2019, when his overall compensation fell 15% to 10.7 million Swiss francs ($10.92 million), the Swiss bank's annual report showed on Wednesday.

24 Mar Japanese overseas bond buying keeps dollar swap costs high before fiscal year end

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

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The cost of swapping yen into dollars remains elevated in part due to signs that large Japanese government pension funds are planning to increase purchases of overseas bonds as they rebalance their portfolios.

News

24 Mar Building sites start to close despite government advice

24 Mar Positive test for Prince Charles raises royal coronavirus fears

24 Mar Lenders sound warning on mortgage holidays

24 Mar Sterling hits new low against UK’s trading partners

24 Mar UPDATE 1-UK tells banks to keep lending through coronavirus

24 Mar MTN Uganda eliminates mobile money charges amid coronavirus outbreak

24 Mar SE Asia Stocks-Gain across the board as U.S. stimulus bolsters sentiment

24 Mar UPDATE 1-UK watchdog says milestones for ending Libor hit by coronavirus

24 Mar CORRECTED-UPDATE 1-Credit Suisse spying scandal hits ex-CEO Thiam’s bonus

24 Mar Japanese overseas bond buying keeps dollar swap costs high before fiscal year end

KM Financial Solutions LLP

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