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News

17 Dec China stocks snap 3-day winning streak amid trade deal caution

Posted at 07:55h in News by KMFSLLP 0 Comments

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* PBOC trims repo rate; state planner rules out big infra spending

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17 Dec Swedish regulators advance SEB money laundering probe

Posted at 07:37h in News by KMFSLLP 0 Comments

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Sweden's financial watchdog said on Wednesday it has taken its investigations into SEB over anti-money laundering controls at its Baltic operations to the next level, marking a formal step in the process that could lead to a financial penalty.

17 Dec UPDATE 1-Pearson exits consumer publishing with Penguin Random House disposal

Posted at 07:32h in News by KMFSLLP 0 Comments

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British education company Pearson said on Wednesday it would sell its remaining 25% stake in publisher Penguin Random House to German partner Bertelsmann , generating net proceeds of about $675 million.

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17 Dec Auditors need “urgent reform”, review calls for breakaway from accounting

Posted at 07:08h in News by KMFSLLP 0 Comments

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A year-long review into Britain's audit sector has recommended a breakaway from the accounting profession and the creation of a standalone industry with its own governing principles to root out bad practice that has rocked the sector in recent years.

17 Dec UPDATE 1-Hitachi to sell chemical unit, medical equipment business for $6 bln

Posted at 06:58h in News by KMFSLLP 0 Comments

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Japan's Hitachi Ltd said on Wednesday it would sell its listed chemicals unit and diagnostic imaging business in a deal totalling 673 billion yen ($6.2 billion), as the Japanese industrial conglomerate overhauls its business portfolio.

17 Dec UPDATE 1-Kazakh president reshuffles senior officials

Posted at 06:48h in News by KMFSLLP 0 Comments

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Kazakh President Kassym-Jomart Tokayev on Wednesday named Kanat Bozumbayev, previously energy minister, a presidential aide, and reshuffled a number of other senior officials.

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17 Dec UPDATE 1-Japan Post Insurance improper sales reach 12,836 cases -investigation committee

Posted at 06:40h in News by KMFSLLP 0 Comments

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* Comes as government plans $10 bln sale of parent's shares (Adds previous disclosure, Japan Post Bank disclosure, government share sale, Nikkei report on improvement order, quote)

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17 Dec Australian shares end flat as miners, banks weigh; NZ at record high

Posted at 06:37h in News by KMFSLLP 0 Comments

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* Oil Search jumps on likely boost to resources in Alaska project

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17 Dec StanChart exits three SE Asia coal plants worth estimated $7 bln

Posted at 06:35h in News by KMFSLLP 0 Comments

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* Bank pulls out of coal plants in Vietnam & Indonesia -sources

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17 Dec UPDATE 1-Swiss National Bank chairman can’t rule out more rate cuts – paper

Posted at 06:32h in News by KMFSLLP 0 Comments

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Swiss National Bank Chairman Thomas Jordan cannot exclude more interest rate cuts, he said in an interview published on Wednesday, although such a step was not needed now.

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News

17 Dec China stocks snap 3-day winning streak amid trade deal caution

17 Dec Swedish regulators advance SEB money laundering probe

17 Dec UPDATE 1-Pearson exits consumer publishing with Penguin Random House disposal

17 Dec Auditors need “urgent reform”, review calls for breakaway from accounting

17 Dec UPDATE 1-Hitachi to sell chemical unit, medical equipment business for $6 bln

17 Dec UPDATE 1-Kazakh president reshuffles senior officials

17 Dec UPDATE 1-Japan Post Insurance improper sales reach 12,836 cases -investigation committee

17 Dec Australian shares end flat as miners, banks weigh; NZ at record high

17 Dec StanChart exits three SE Asia coal plants worth estimated $7 bln

17 Dec UPDATE 1-Swiss National Bank chairman can’t rule out more rate cuts – paper

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