Posted at 06:22h
in
News
by KMFSLLP
Thomas Cook Group said on
Wednesday it had agreed the key commercial terms of a rescue
package with investor Fosun Tourism, its banks and a majority of
its bondholders.
...
Posted at 06:00h
in
News
by KMFSLLP
* People left money by dead customers to claim through
courts
...
Posted at 05:52h
in
News
by KMFSLLP
* Raising surprising given excess capital -Goldman Sachs
(Adds UBS analyst comments, renewable portfolio)
...
Posted at 05:27h
in
News
by KMFSLLP
Deteriorating Sino-U.S.
trade ties and interest rate reforms are fueling speculation
China will start cutting key rates from next month, but bankers
expect borrowing costs to come down only gradually, offering
limited support for the slowing economy.
Posted at 05:20h
in
News
by KMFSLLP
China plans to issue its own
crytocurrency as early as Nov. 11, the country's busiest
shopping day for online sales, U.S. financial magazine Forbes
said, citing two sources familiar with the matter.
...
Posted at 05:15h
in
News
by KMFSLLP
* HSBC is only large bank in Hong Kong to unveil such
measures
recently
...
Posted at 05:08h
in
News
by KMFSLLP
Australia's A$162.6 billion
($109.8 billion) sovereign wealth fund on Wednesday said it more
than doubled its target return for the year, as it boosted
investments in emerging markets.
...
Posted at 04:57h
in
News
by KMFSLLP
Malaysian prosecutors on
Wednesday said former prime minister Najib Razak abused his
power to cover up the theft of hundreds of millions of dollars
from the state-fund 1MDB and used the fund for self
gratification.
Posted at 04:45h
in
News
by KMFSLLP
Southeast Asian stock markets traded in a
tight range on Wednesday as deeper worries about global economy
dampened sentiment, while investors sought further clarity on
the developments in the Sino-U.S. trade dispute.
Trading volumes were a fraction of their monthly average
after an deepening inver
Posted at 04:42h
in
News
by KMFSLLP
Chinese stocks fell on
Wednesday morning amid lingering uncertainty around the
Sino-U.S. trade war, as the positive impact from MSCI's latest
phase of China stock inclusion fades.
...