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News

13 Feb Sri Lanka shares slip for sixth session; rupee steady

Posted at 12:31h in News by KMFSLLP 0 Comments

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Sri Lankan shares closed lower for the sixth straight session on Friday, dragged by consumer staples and consumer discretionary stocks.

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13 Feb UPDATE 2-Russian central bank keeps peak discount on gold purchases

Posted at 12:30h in News by KMFSLLP 0 Comments

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* Russian gold miners consider becoming exporters (Adds details, quotes, context)

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13 Feb UPDATE 2-Orcel’s criminal suit against Santander rejected by Spanish court

Posted at 12:23h in News by KMFSLLP 0 Comments

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Italian banker Andrea Orcel's criminal lawsuit against Santander has been rejected by a Madrid court, a document seen by Reuters showed.

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13 Feb UPDATE 1-Hong Kong pledges $3.2 billion as city seeks to contain spread of coronavirus

Posted at 12:01h in News by KMFSLLP 0 Comments

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Hong Kong leader Carrie Lam on Friday pledged handouts totalling HK$25 billion ($3.2 billion) to the Hospital Authority and businesses grappling with the coronavirus outbreak that has piled further pressure on the Chinese-ruled city's battered economy.

13 Feb UPDATE 1-Coronavirus cancels London Metal Exchange’s Asian event

Posted at 11:48h in News by KMFSLLP 0 Comments

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The London Metal Exchange has cancelled its annual LME Asia Week dinner in Hong Kong, a major event for the metal industry, and postponed the seminar that would have taken place on the same day, the exchange said in a notice on Friday.

13 Feb ‘Terrible’ WeWork bet caused us headaches -T. Rowe Price

Posted at 11:29h in News by KMFSLLP 0 Comments

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Asset management firm T. Rowe Price Group Inc has called its investment in WeWork a "debacle" that caused the firm "outsized headaches and disappointments" and left it holding shares worth just a fraction of their original value.

13 Feb Ofwat faces biggest battle since privatisation

Posted at 11:27h in News by KMFSLLP 0 Comments

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Four regional groups at odds with regulator over how much they can charge customers

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13 Feb China’s Xi says to fix problems exposed during coronavirus outbreak-state TV

Posted at 11:20h in News by KMFSLLP 0 Comments

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Chinese President Xi Jinping said on Friday the ruling Communist Party must fix various problems, loopholes and weaknesses exposed during the current outbreak of the coronavirus, state television reported on Friday.

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13 Feb UPDATE 2-‘Is there any law left?’ India’s top court threatens telcos and officials with contempt

Posted at 11:18h in News by KMFSLLP 0 Comments

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* Banks non-performing assets could rise sharply, say analysts (Updates with details, analyst quotes, background)

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13 Feb Lion Air to decide on IPO plans by month-end -sources

Posted at 11:15h in News by KMFSLLP 0 Comments

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Indonesia's Lion Air will decide by the end of the month when to proceed with its planned initial public offering (IPO) in the face of reduced investor appetite for the sector because of the coronavirus outbreak, said sources close to the matter.

News

13 Feb Sri Lanka shares slip for sixth session; rupee steady

13 Feb UPDATE 2-Russian central bank keeps peak discount on gold purchases

13 Feb UPDATE 2-Orcel’s criminal suit against Santander rejected by Spanish court

13 Feb UPDATE 1-Hong Kong pledges $3.2 billion as city seeks to contain spread of coronavirus

13 Feb UPDATE 1-Coronavirus cancels London Metal Exchange’s Asian event

13 Feb ‘Terrible’ WeWork bet caused us headaches -T. Rowe Price

13 Feb Ofwat faces biggest battle since privatisation

13 Feb China’s Xi says to fix problems exposed during coronavirus outbreak-state TV

13 Feb UPDATE 2-‘Is there any law left?’ India’s top court threatens telcos and officials with contempt

13 Feb Lion Air to decide on IPO plans by month-end -sources

KM Financial Solutions LLP

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