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News

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.

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

Posted at 10:02h 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-Ex-Hong Kong exchange official charged with IPO-related bribery

Posted at 10:00h in News by KMFSLLP 0 Comments

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Hong Kong's anti-corruption unit has charged a former exchange official with bribery and misconduct over a 2017 IPO application by thread manufacturer Shen You Holdings.

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24 Mar Contactless payments can help cut contagion -EU banking watchdog

Posted at 09:59h in News by KMFSLLP 0 Comments

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The European Union's banking watchdog told payment firms on Wednesday to make it easier for customers to make contactless payment, to help reduce the risk of catching coronavirus.

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News

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

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

24 Mar CORRECTED-UPDATE 1-Ex-Hong Kong exchange official charged with IPO-related bribery

24 Mar Contactless payments can help cut contagion -EU banking watchdog

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