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News

21 Nov Howard Davies eats humble — and pecan — pie

Posted at 04:00h in News by KMFSLLP 0 Comments

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Morgan Stanley’s Thanksgiving bash sees knights-a-kneeling amid lords-a-lunching

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21 Nov Bond markets no longer care about deficits

Posted at 04:00h in News by KMFSLLP 0 Comments

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Investors describe a pivot to fiscal policy as central banks seem to be out of ammo

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21 Nov CORRECTED-Australia shares rise on the back of material, energy stocks; NZ slips

Posted at 02:12h in News by KMFSLLP 0 Comments

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Energy and material stocks buoyed the Australian benchmark index in thin trade on Friday after two sessions of heavy selling, while the outcome of the Westpac board meeting and a major money laundering scandal weighed on sentiment.

21 Nov UPDATE 3-Manila-bound Philippine Airlines flight makes emergency landing in Los Angeles

Posted at 01:24h in News by KMFSLLP 0 Comments

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* Cause of engine failure not yet clear (Adds statement from airline)

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21 Nov Australian fund cuts Westpac bond exposure on money laundering allegations

Posted at 01:07h in News by KMFSLLP 0 Comments

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An Australian bond fund has started to divest Westpac bonds following allegations by the country's financial crime regulator of money laundering compliance breaches, some of which related to financing child exploitation.

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21 Nov PM Johnson’s Conservatives to raise property purchase tax for non-UK residents

Posted at 00:01h in News by KMFSLLP 0 Comments

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Foreign buyers of English properties will have to pay a levy of 3% of the purchase value under plans put forward by Prime Minister Boris Johnson's Conservatives on Friday, aimed at deterring wealthy investors from driving up house prices.

20 Nov UPDATE 5-Charles Schwab in talks to buy smaller rival TD Ameritrade – CNBC

Posted at 23:36h in News by KMFSLLP 0 Comments

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Charles Schwab Corp, the largest U.S. discount broker, is in talks to buy rival TD Ameritrade , CNBC reported on Thursday, as industry profits come under pressure from a shift to zero commission.

20 Nov UPDATE 2-Trump signs funding bill to avert government shutdown this week

Posted at 23:36h in News by KMFSLLP 0 Comments

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President Donald Trump signed legislation on Thursday that will extend funding for a wide range of federal agencies through Dec. 20 and avoid partial government shutdowns that otherwise would have begun on Friday.

20 Nov UPDATE 1-Nitro Software plans Australian IPO despite spate of listing cancellations

Posted at 23:24h in News by KMFSLLP 0 Comments

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* Bookbuild to begin Nov. 29 for Dec. 11 listing (Updates throughout with details on IPO, background of Nitro)

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20 Nov UPDATE 5-WeWork to lay off 2,400 employees in SoftBank revamp

Posted at 22:59h in News by KMFSLLP 0 Comments

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WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company seeks to drastically cut costs after it transformed from a Wall Street darling into a pariah in a matter of weeks.

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News

21 Nov Howard Davies eats humble — and pecan — pie

21 Nov Bond markets no longer care about deficits

21 Nov CORRECTED-Australia shares rise on the back of material, energy stocks; NZ slips

21 Nov UPDATE 3-Manila-bound Philippine Airlines flight makes emergency landing in Los Angeles

21 Nov Australian fund cuts Westpac bond exposure on money laundering allegations

21 Nov PM Johnson’s Conservatives to raise property purchase tax for non-UK residents

20 Nov UPDATE 5-Charles Schwab in talks to buy smaller rival TD Ameritrade – CNBC

20 Nov UPDATE 2-Trump signs funding bill to avert government shutdown this week

20 Nov UPDATE 1-Nitro Software plans Australian IPO despite spate of listing cancellations

20 Nov UPDATE 5-WeWork to lay off 2,400 employees in SoftBank revamp

KM Financial Solutions LLP

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