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News

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.

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29 Jul UPDATE 3-BOJ hints at more easing if inflation sputters, keeps policy steady

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

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* BOJ adds line saying will ease 'without hesitation' if needed (Adds Kuroda comment in paragraph 4 & 5)

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29 Jul UPDATE 1-Japan’s SMFG says first-quarter net profit fell 5% as retail business struggles

Posted at 07:06h in News by KMFSLLP 0 Comments

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* First-quarter net profit Y216 bln vs Y227 bln a year earlier

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29 Jul Japan’s SMFG says first-quarter net profit fell 5% as retail business struggles

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

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Sumitomo Mitsui Financial Group Inc (SMFG) on Tuesday reported a 5% decline in first-quarter net profit, saying its retail business was hit by adverse market conditions.

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29 Jul Australia’s Westpac warns tighter lending rules will harm economy

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

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A push by Australian regulators to tighten lending rules risks slowing down Australia's sluggish economy even further, the chief executive of Westpac Banking Corp said on Tuesday.

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29 Jul Alibaba-backed lender MYbank to raise $871 mln in maiden fundraising -document

Posted at 06:54h in News by KMFSLLP 0 Comments

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China's MYbank, an offshoot of Alibaba Group Holding Ltd, seeks to raise about 6 billion yuan ($871 million) in its maiden fundraising, valuing the online lender at 24 billion yuan, according to a source and a fundraising document seen by Reuters.

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29 Jul British watchdog clears Charter Court, OneSavings Bank deal

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

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Britain's competition watchdog said on Tuesday it would not refer Charter Court Financial Services Group's merger deal with OneSavings Bank to an in-depth investigation.

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29 Jul Provident’s first-half earnings hit by hostile takeover bid

Posted at 06:42h in News by KMFSLLP 0 Comments

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News

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

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

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

29 Jul UPDATE 3-BOJ hints at more easing if inflation sputters, keeps policy steady

29 Jul UPDATE 1-Japan’s SMFG says first-quarter net profit fell 5% as retail business struggles

29 Jul Japan’s SMFG says first-quarter net profit fell 5% as retail business struggles

29 Jul Australia’s Westpac warns tighter lending rules will harm economy

29 Jul Alibaba-backed lender MYbank to raise $871 mln in maiden fundraising -document

29 Jul British watchdog clears Charter Court, OneSavings Bank deal

29 Jul Provident’s first-half earnings hit by hostile takeover bid

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