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News

04 Mar Saudi Arabia appoints Al-Jadaan as minister of economy

Posted at 21:55h in News by KMFSLLP 0 Comments

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Saudi Arabia appointed Muhammad Al-Jadaan as minister of economy in addition to his work as minister of finance, state TV said on Thursday, citing a Royal decree.

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04 Mar GLOBAL MARKETS-Stocks tumble as coronavirus cases rise rapidly outside China

Posted at 21:46h in News by KMFSLLP 0 Comments

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* Oil falls on virus concerns even as OPEC agrees to output cuts

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04 Mar UPDATE 1-Argentina cuts interest rate for 8th time since December

Posted at 21:33h in News by KMFSLLP 0 Comments

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Argentina's central bank lowered the benchmark interest rate to 38% from 40% on Thursday, the eighth cut since the middle of December when the country's new Peronist government came to power pledging to rekindle stalled growth.

04 Mar UPDATE 5-Lebanon state prosecutor blocks order to freeze assets of 20 banks

Posted at 21:32h in News by KMFSLLP 0 Comments

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Lebanon's state prosecutor suspended an order on Thursday to freeze the assets of 20 local banks, warning it would plunge the country and its financial sector into chaos, according to a copy of the decision seen by Reuters.

04 Mar Square cuts full-year adjusted profit forecast on notes offering

Posted at 21:29h in News by KMFSLLP 0 Comments

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Square Inc on Thursday cut its full-year adjusted profit forecast citing higher interest expense from the issuance of a $1 billion convertible note offering.

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04 Mar Investors fret over risks to U.S. corporate credit as coronavirus spreads

Posted at 21:12h in News by KMFSLLP 0 Comments

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Investors are growing increasingly worried that the spreading coronavirus will hit U.S. corporate cash flow and credit in some sectors, especially if the outbreak keeps workers at home or prevents companies from paying employees.

04 Mar Australia shares poised to open lower on coronavirus fears

Posted at 21:11h in News by KMFSLLP 0 Comments

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Australian shares were set to fall at open on Friday, tracking a sharp sell-off on Wall Street, as persisting worries over mounting cases of the coronavirus outside China dented risk appetite. The local share price index futures ...

04 Mar UPDATE 1-Low rates, warming housing market – is it deja vu for Bank of Canada’s Stephen Poloz?

Posted at 21:06h in News by KMFSLLP 0 Comments

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Bank of Canada Governor Stephen Poloz looks ready to end his term where he began, setting interest rates near historic lows to support the broader economy at the risk of stoking higher prices in a housing market that is heating up.

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04 Mar Traders shipped to suburbia as banks activate coronavirus firewalls

Posted at 21:00h in News by KMFSLLP 0 Comments

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By Pamela Barbaglia, Lawrence White and Thyagaraju Adinarayan

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04 Mar UPDATE 1-U.S. investors complete largest 2-week withdrawal from stock funds since ’18 -Lipper

Posted at 20:52h in News by KMFSLLP 0 Comments

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U.S. investors pulled slightly more than a net $20.3 billion out of equity mutual funds and exchanged-traded funds during the week ending Wednesday, according to data released Thursday by Refinitiv's Lipper division.

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News

04 Mar Saudi Arabia appoints Al-Jadaan as minister of economy

04 Mar GLOBAL MARKETS-Stocks tumble as coronavirus cases rise rapidly outside China

04 Mar UPDATE 1-Argentina cuts interest rate for 8th time since December

04 Mar UPDATE 5-Lebanon state prosecutor blocks order to freeze assets of 20 banks

04 Mar Square cuts full-year adjusted profit forecast on notes offering

04 Mar Investors fret over risks to U.S. corporate credit as coronavirus spreads

04 Mar Australia shares poised to open lower on coronavirus fears

04 Mar UPDATE 1-Low rates, warming housing market – is it deja vu for Bank of Canada’s Stephen Poloz?

04 Mar Traders shipped to suburbia as banks activate coronavirus firewalls

04 Mar UPDATE 1-U.S. investors complete largest 2-week withdrawal from stock funds since ’18 -Lipper

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