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News

02 Mar SE Asia Stocks-Rise on global stimulus hopes; Indonesia jumps 3.5%

Posted at 04:43h in News by KMFSLLP 0 Comments

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Southeast Asian stock markets rose sharply on Tuesday, with Indonesia posting its biggest intraday gain in over 4 years, as expectations grew global central banks will ease policies to cushion the economic impact from a fast-spreading coronavirus. Equities worldwide took a beating l

02 Mar UPDATE 2-Australia’s central bank cuts rates to shake off virus fears

Posted at 04:28h in News by KMFSLLP 0 Comments

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Australia's central bank cut interest rates to record lows on Tuesday in what is expected to be the first in a spate of policy stimulus around the world to fight the economic fallout from the coronavirus.

02 Mar SoftBank CEO tells U.S. investors he’ll be more careful

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

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SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm in a meeting with U.S. investors on Monday, but offered few concrete concessions.

02 Mar JLR rejects concerns over handling of new tax law

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

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Carmaker criticised for failing to sufficiently consider workers’ roles for IR35 changes

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02 Mar JLR rejects concerns over handling of IR35 tax law

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

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Carmaker criticised for failing to sufficiently consider workers’ roles for IR35 changes

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02 Mar Don’t believe the hype about AI and fund management

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

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Machine learning can generate marginal improvements but nothing truly transformational

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02 Mar UPDATE 3-U.S.’ Mnuchin, Powell to lead G7 virus call as central banks prepare to act

Posted at 02:46h in News by KMFSLLP 0 Comments

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G7 finance ministers and central bank governors will hold a conference call on Tuesday morning to discuss measures to deal with the widening coronavirus outbreak and its economic impact, a U.S. Treasury spokeswoman said on Monday.

02 Mar Musk tweets support for Dorsey remaining as Twitter CEO

Posted at 02:33h in News by KMFSLLP 0 Comments

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Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc's chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role.

02 Mar RPT-ING, Maybank top creditors of distressed Singapore commodity firm Agritrade -document

Posted at 01:20h in News by KMFSLLP 0 Comments

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ING and Malayan Banking Bhd (Maybank) were the top creditors of Singapore commodity trader Agritrade International, which was last month placed under interim judicial management.

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02 Mar Australian shares rebound 2% on RBA rate-cut hopes; NZ jumps

Posted at 01:08h in News by KMFSLLP 0 Comments

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Australian shares rose 2% on Tuesday after seven straight sessions of declines, as investors priced in a possible rate cut by the central bank to help cushion an economic blow from the coronavirus outbreak.

News

02 Mar SE Asia Stocks-Rise on global stimulus hopes; Indonesia jumps 3.5%

02 Mar UPDATE 2-Australia’s central bank cuts rates to shake off virus fears

02 Mar SoftBank CEO tells U.S. investors he’ll be more careful

02 Mar JLR rejects concerns over handling of new tax law

02 Mar JLR rejects concerns over handling of IR35 tax law

02 Mar Don’t believe the hype about AI and fund management

02 Mar UPDATE 3-U.S.’ Mnuchin, Powell to lead G7 virus call as central banks prepare to act

02 Mar Musk tweets support for Dorsey remaining as Twitter CEO

02 Mar RPT-ING, Maybank top creditors of distressed Singapore commodity firm Agritrade -document

02 Mar Australian shares rebound 2% on RBA rate-cut hopes; NZ jumps

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