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05 Aug Swedish fintech Klarna valued at $5.5 bln in funding round

Posted at 13:13h in News by KMFSLLP 0 Comments

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Online payments firm Klarna, which has won a growing following with its 'buy now, pay later' service for shoppers, said on Tuesday it had raised $460 million in a funding round that makes it Europe's most valuable fintech startup.

05 Aug UPDATE 1-Trump praises U.S. economy amid China spat, vows to back farmers

Posted at 13:13h in News by KMFSLLP 0 Comments

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U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, saying the United States was "in a very strong position," a day after his administration ratcheted up tensions by labeling Beijing a currency manipulator.

05 Aug The growing dread of a Scots unionist

Posted at 13:00h in News by KMFSLLP 0 Comments

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It is no longer inevitable that the United Kingdom will remain united

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05 Aug RBS chief backs Bank of England no-deal Brexit warning

Posted at 12:45h in News by KMFSLLP 0 Comments

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Ross McEwan warns of medium-term ‘pain and anguish’

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05 Aug UPDATE 2-HSBC agrees to 300 mln euro settlement of Belgian tax fraud case -prosecutors

Posted at 12:21h in News by KMFSLLP 0 Comments

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* HSBC accused of having helped tax evasion, money-laundering

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05 Aug Trump says U.S. economy ‘in a very strong position’

Posted at 12:14h in News by KMFSLLP 0 Comments

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05 Aug Sri Lanka shares post near 2-week closing low; rupee extends losses

Posted at 12:00h in News by KMFSLLP 0 Comments

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Sri Lankan shares fell for the sixth straight session on Tuesday and closed at their lowest in nearly two weeks as investors sold banking and diversified stocks, while the rupee ended weaker due to importer dollar demand.

05 Aug UBS slashes threshold for fee on euro deposits at Swiss bank

Posted at 11:44h in News by KMFSLLP 0 Comments

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UBS Group will halve to 500,000 euros ($559,900) its threshold for charging a 0.6% deposit fee on euro accounts at its Swiss banking unit, Switzerland's largest lender said on Tuesday.

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05 Aug UPDATE 4-Vivendi turns to Tencent to gain Universal foothold in China

Posted at 11:28h in News by KMFSLLP 0 Comments

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* Vivendi shares up 7%, Tencent rises 1% (Adds link to Breakingviews columns, analyst comment, paragraph 7)

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05 Aug COLUMN-Oil’s post-crash bounce fades as buy-the-dip proves a bust: Kemp

Posted at 11:25h in News by KMFSLLP 0 Comments

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Oil prices have continued to drift lower after plunging last week, highlighting the risk for traders trying to exploit mean-reversion strategies by buying futures contracts after a sharp fall in prices.

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News

05 Aug Swedish fintech Klarna valued at $5.5 bln in funding round

05 Aug UPDATE 1-Trump praises U.S. economy amid China spat, vows to back farmers

05 Aug The growing dread of a Scots unionist

05 Aug RBS chief backs Bank of England no-deal Brexit warning

05 Aug UPDATE 2-HSBC agrees to 300 mln euro settlement of Belgian tax fraud case -prosecutors

05 Aug Trump says U.S. economy ‘in a very strong position’

05 Aug Sri Lanka shares post near 2-week closing low; rupee extends losses

05 Aug UBS slashes threshold for fee on euro deposits at Swiss bank

05 Aug UPDATE 4-Vivendi turns to Tencent to gain Universal foothold in China

05 Aug COLUMN-Oil’s post-crash bounce fades as buy-the-dip proves a bust: Kemp

KM Financial Solutions LLP

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