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News

24 Feb UPDATE 2-SoftBank-backed Grab raises $856 mln from Japanese investors in financial services push

Posted at 07:54h in News by KMFSLLP 0 Comments

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* Grab will offer lending, insurance, wealth management products (Adds background, analyst comment)

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24 Feb China stocks cap fall on limited domestic impact as coronavirus spreads globally

Posted at 07:47h in News by KMFSLLP 0 Comments

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Losses in China stocks, which ended lower on Tuesday, were capped as investors expected the coronavirus contagion outside China to have a limited impact on the Chinese market. ** At the close, the Shanghai Composite index was down 0.6% at 3,013.05. The blue-chip CSI300 index was down 0.22%.

24 Feb UPDATE 2-Japan’s ANA orders 15 more Boeing 787 Dreamliners worth $5 bln at list prices

Posted at 07:31h in News by KMFSLLP 0 Comments

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* Planes to be delivered in business year starting April 2022 (Adds order details, ANA comment)

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24 Feb Hammerson annual net rental income falls on increase in store closures

Posted at 07:19h in News by KMFSLLP 0 Comments

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British shopping centre operator Hammerson on Tuesday reported a drop in annual net rental income, impacted by an increase in store closures.

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24 Feb French bank Natixis to sell 29.5% stake in Coface to Arch Capital

Posted at 07:15h in News by KMFSLLP 0 Comments

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French bank Natixis said on Tuesday that it had agreed to sell a 29.5% stake in credit insurance company Coface to U.S. company Arch Capital Group.

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24 Feb Australian shares extend losses as virus fears linger; NZ down

Posted at 07:00h in News by KMFSLLP 0 Comments

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Australian shares on Tuesday added to the heavy losses in the previous session as investors remained on edge over the rapid spread of the coronavirus outside China and its impact on global economic growth.

24 Feb UPDATE 1-SoftBank-backed Grab raising $856 mln from Japanese investors

Posted at 06:23h in News by KMFSLLP 0 Comments

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Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc, as it seeks to expand aggressively into financial services.

24 Feb Grab raising $706 mln from MUFG to roll-out financial services

Posted at 06:05h in News by KMFSLLP 0 Comments

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24 Feb UBS, Credit Suisse’s emergency plans are effective: financial watchdog

Posted at 06:04h in News by KMFSLLP 0 Comments

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The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland's regulator FINMA said on Tuesday.

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24 Feb UPDATE 1-Boeing close to deal to supply more 787 Dreamliners to Japan’s ANA – sources

Posted at 06:02h in News by KMFSLLP 0 Comments

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Boeing Co is close to a deal to supply more 787 Dreamliners to Japan's ANA Holdings Inc in what would be the U.S. planemaker's first commercial order announcement so far this year, industry sources said.

News

24 Feb UPDATE 2-SoftBank-backed Grab raises $856 mln from Japanese investors in financial services push

24 Feb China stocks cap fall on limited domestic impact as coronavirus spreads globally

24 Feb UPDATE 2-Japan’s ANA orders 15 more Boeing 787 Dreamliners worth $5 bln at list prices

24 Feb Hammerson annual net rental income falls on increase in store closures

24 Feb French bank Natixis to sell 29.5% stake in Coface to Arch Capital

24 Feb Australian shares extend losses as virus fears linger; NZ down

24 Feb UPDATE 1-SoftBank-backed Grab raising $856 mln from Japanese investors

24 Feb Grab raising $706 mln from MUFG to roll-out financial services

24 Feb UBS, Credit Suisse’s emergency plans are effective: financial watchdog

24 Feb UPDATE 1-Boeing close to deal to supply more 787 Dreamliners to Japan’s ANA – sources

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