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10 Mar BoE makes emergency rate cut to counter coronavirus shock

Posted at 10:23h in News by KMFSLLP 0 Comments

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Package of measures launched in concert with Budget to have ‘maximum impact’ on UK economy

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10 Mar BoE makes emergency rate cut to cushion economy

Posted at 10:23h in News by KMFSLLP 0 Comments

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Package of measures launched in concert with Budget to have ‘maximum impact’

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10 Mar BOJ to sustain current daily ETF buying pace through March – sources

Posted at 10:19h in News by KMFSLLP 0 Comments

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The Bank of Japan is likely to keep buying exchange-traded funds (ETF) at the current rate of roughly 100 billion yen ($950 million) per day until at least March 31, when the current fiscal year ends, in order to soothe market jitters, sources familiar with its thinking said.

10 Mar UPDATE 8-Britain fires with both barrels: emergency rate cut and budget boost

Posted at 10:13h in News by KMFSLLP 0 Comments

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* UK economy flat-lined in January (Adds GDP numbers, Carney)

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10 Mar Saudi Arabia asked state agencies to prepare for sharp budget cuts -sources

Posted at 07:08h in News by KMFSLLP 0 Comments

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Saudi Arabia has asked state agencies to submit proposals for cuts of at least 20% to their budgets in a fresh austerity drive to cope with a sharp drop in oil prices, four sources familiar with the matter said.

10 Mar Australia shares slip into bear territory on doubts over stimulus

Posted at 07:03h in News by KMFSLLP 0 Comments

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* Newcrest Mining falls on gold output guidance cut (Updates to close)

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10 Mar Insurer Tryg recommends clients should not travel abroad -NTB

Posted at 06:52h in News by KMFSLLP 0 Comments

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Danish insurer Tryg is recommending that clients should not travel abroad due to the coronavirus outbreak, the company's Norwegian unit told Norway's NTB news agency on Wednesday. (Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

10 Mar Canada’s Brookfield halts sale of Australian coal port due to coronavirus – sources

Posted at 06:48h in News by KMFSLLP 0 Comments

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Canada's Brookfield Asset Management has put the sale of its coal export terminal in Australia, the Dalrymple Bay Coal Terminal (DBCT), on hold due to travel restrictions amid the spread of coronavirus, two sources said.

10 Mar UPDATE 1-Indonesia stock exchange tightens circuit breakers for major index falls

Posted at 06:25h in News by KMFSLLP 0 Comments

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* Analysts say coronavirus response key for market (Recasts and updates throughout with more detail, analyst comment, context and background.)

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10 Mar Japanese shares tumble, Nikkei below break-even level for BOJ

Posted at 06:16h in News by KMFSLLP 0 Comments

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Japanese shares tumbled on Wednesday on concerns about the economic hit from the coronavirus, with the broad Topix index falling 1.53% to mark its lowest close since November 2016.

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News

10 Mar BoE makes emergency rate cut to counter coronavirus shock

10 Mar BoE makes emergency rate cut to cushion economy

10 Mar BOJ to sustain current daily ETF buying pace through March – sources

10 Mar UPDATE 8-Britain fires with both barrels: emergency rate cut and budget boost

10 Mar Saudi Arabia asked state agencies to prepare for sharp budget cuts -sources

10 Mar Australia shares slip into bear territory on doubts over stimulus

10 Mar Insurer Tryg recommends clients should not travel abroad -NTB

10 Mar Canada’s Brookfield halts sale of Australian coal port due to coronavirus – sources

10 Mar UPDATE 1-Indonesia stock exchange tightens circuit breakers for major index falls

10 Mar Japanese shares tumble, Nikkei below break-even level for BOJ

KM Financial Solutions LLP

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