KM Financial Solutions | News

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News

29 Jul UPDATE 1-China will boost economy but won’t use property market for stimulus-Politburo

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

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* China won't use property as means to stimulate economy-Politburo

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29 Jul London Stock Exchange deal is signpost for City

Posted at 09:00h in News by KMFSLLP 0 Comments

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Plan to buy Refinitiv is logical and instructive for the Square Mile

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29 Jul China stocks rise ahead of Fed meet, STAR Market extends gains

Posted at 07:38h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used -0.3%, Shanghai->HK daily quota used 4%

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29 Jul European shares hit by Bayer, Lufthansa; FTSE shines

Posted at 07:29h in News by KMFSLLP 0 Comments

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European shares slipped on Tuesday as grim forecasts from German giants Bayer and Lufthansa soured sentiment, while a battered pound helped London's blue-chip index outperform for a second day.

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29 Jul UPDATE 1-Provident Financial says home credit unit to post profit growth in H2 2020

Posted at 07:19h in News by KMFSLLP 0 Comments

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Sub-prime lender Provident Financial on Tuesday reported adjusted first-half profit in line with its own estimates and said it expects its battered home credit business to post a rise in profit in the second half of 2020.

29 Jul UPDATE 1-BBA Aviation sells aircraft parts unit in $1.37 bln deal

Posted at 07:17h in News by KMFSLLP 0 Comments

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BBA Aviation Plc said on Tuesday it would sell its Ontic aircraft parts and services unit to private equity firm CVC Capital Partners in a $1.37 billion deal, as it focuses on its mainstay airport services business.

29 Jul Australian shares hit record high on red hot iron ore prices; NZ up

Posted at 07:12h in News by KMFSLLP 0 Comments

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* Australian shares pass levels last seen before financial crisis

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29 Jul UPDATE 1-Virgin-Money owner CYBG points to softer full-year margins

Posted at 07:11h in News by KMFSLLP 0 Comments

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Virgin Money-owner CYBG Plc stood by its full-year guidance on Tuesday but said net interest margins were likely to be at the lower end of earlier forecasts as it reported a dip in mortgage loans and margins in the third quarter.