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News

16 Jan UPDATE 2-NMC independent committee taps FBI ex-boss Freeh in Muddy Waters fight

Posted at 09:43h in News by KMFSLLP 0 Comments

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* NMC shares rise as much as 10% (Adds details on review, Freeh, shares, background)

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16 Jan UPDATE 2-Capital Research, GIC investing in Thailand’s Central Retail IPO

Posted at 09:43h in News by KMFSLLP 0 Comments

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Thailand's largest retailer, Central Retail Corp, said Singapore sovereign wealth fund GIC and funds advised by U.S. investor Capital Research Management Company are among international cornerstone investors backing its IPO, worth up to $2.4 billion.

16 Jan Hong Kong regulator tells banks to do more to prepare for the end of Libor

Posted at 09:42h in News by KMFSLLP 0 Comments

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Hong Kong banks must step up efforts to prepare for the end of the discredited Libor interest rate benchmark, a senior official of the city’s central bank said on Friday, joining the chorus of global regulators urging quicker action by banks.

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16 Jan Smaller Woodford fund to be reopened no later than February

Posted at 09:42h in News by KMFSLLP 0 Comments

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LF Woodford Income Focus Fund, one of the smaller funds formerly run by famed investment manager Neil Woodford, will be reopened no later than February this year, its authorised corporate director Link Fund Solutions said on Friday.

16 Jan UPDATE 1-Flybe discussing loan on commercial terms with government -BBC

Posted at 09:41h in News by KMFSLLP 0 Comments

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Struggling British regional airline Flybe is in talks with the government about a loan on commercial terms which would not represent a state bailout, the BBC reported on Friday.

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16 Jan UPDATE 2-UK insurer Hastings warns on profit as claims costs bite, shares tumble

Posted at 09:34h in News by KMFSLLP 0 Comments

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* Market environment has been challenging - CEO (Adds share move, analyst comment)

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16 Jan UPDATE 1-European shares at record high as cross-Atlantic trade tensions abate

Posted at 09:26h in News by KMFSLLP 0 Comments

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* Positive EU-U.S. talks add to optimism after China trade deal

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16 Jan India’s Dalits protest against plan to develop common land

Posted at 09:08h in News by KMFSLLP 0 Comments

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BANGKOK, Jan 17 (Thomson Reuters Foundation) - Protests have flared in the Indian state of Punjab over a government plan to use common land for industrial development, a move that activists and analysts said on Friday would deny lower-caste Dalits their land rights.

16 Jan China cbank curbs rates on structured deposits to coax banks to lower lending rates-sources

Posted at 09:03h in News by KMFSLLP 0 Comments

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China's central bank has moved to curb interest rates on high-yield structured deposits, three sources familiar with matter told Reuters, as regulators seek to guide the country's borrowing costs lower by reducing banks' funding costs.

16 Jan Chinese property firm Country Garden plans mass production of construction robots

Posted at 08:57h in News by KMFSLLP 0 Comments

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China's largest property developer by sales Country Garden is planning to start mass production of construction robots next year to cut costs and raise efficiency, it said on Friday.

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News

16 Jan UPDATE 2-NMC independent committee taps FBI ex-boss Freeh in Muddy Waters fight

16 Jan UPDATE 2-Capital Research, GIC investing in Thailand’s Central Retail IPO

16 Jan Hong Kong regulator tells banks to do more to prepare for the end of Libor

16 Jan Smaller Woodford fund to be reopened no later than February

16 Jan UPDATE 1-Flybe discussing loan on commercial terms with government -BBC

16 Jan UPDATE 2-UK insurer Hastings warns on profit as claims costs bite, shares tumble

16 Jan UPDATE 1-European shares at record high as cross-Atlantic trade tensions abate

16 Jan India’s Dalits protest against plan to develop common land

16 Jan China cbank curbs rates on structured deposits to coax banks to lower lending rates-sources

16 Jan Chinese property firm Country Garden plans mass production of construction robots

KM Financial Solutions LLP

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