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News

23 Jul National Australia Bank last among ‘Big Four’ to ease home loan rules

Posted at 07:00h in News by KMFSLLP 0 Comments

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National Australia Bank Ltd said on Wednesday it would ease home-lending rules effective Aug. 5, lowering the interest rate it uses to stress test customers' loan applications to a minimum 5.5%, in line with its larger peers.

23 Jul Australia shares end at highest since Nov 2007 on trade talk hopes; NZ down

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

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* Regis Resources top loser on the index, slumps 11.8% (Updates to close)

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23 Jul UPDATE 1-Skanska profit beats forecast as construction margin improves

Posted at 06:40h in News by KMFSLLP 0 Comments

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Swedish building group Skanska's efforts to improve margins are on track, it said on Wednesday as it reported better than expected second-quarter operating profit.

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23 Jul China’s ByteDance ventures into AI-generated music with Jukedeck deal

Posted at 06:40h in News by KMFSLLP 0 Comments

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China's ByteDance is venturing into artificial-intelligence (AI) generated music, hiring the staff of a London-based start-up after buying some of its intellectual property assets, according to LinkedIn posts and a person with knowledge of the matter.

23 Jul Segro profits jump on strong demand for warehouse space

Posted at 06:26h in News by KMFSLLP 0 Comments

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Group on track to spend £600m in new developments this year

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23 Jul Lloyds pays SLA 140 mln pounds to settle fund row

Posted at 06:25h in News by KMFSLLP 0 Comments

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Standard Life Aberdeen Plc (SLA) will receive 140 million pounds in compensation and continue to manage 35 billion pounds of assets under a settlement of a legal fight with Lloyds Banking Group over a 100 billion pound ($124.43 billion) investment portfolio.

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23 Jul UPDATE 2-Deutsche Bank posts Q2 loss of $3.51 bln on restructuring costs

Posted at 06:22h in News by KMFSLLP 0 Comments

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* Over 900 employees resigning or made redundant (Updates with details of results, background)

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23 Jul Retailer Casino to sell three hypermarkets for 42 mln euros

Posted at 06:11h in News by KMFSLLP 0 Comments

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French supermarket retailer Casino has signed pledges to sell three of its Geant Casino hypermarkets for 42 million euros ($46.8 million) as it seeks to reduce debt.

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23 Jul UPDATE 3-KKR devours Tim Tam biscuits maker in $2.2 bln deal with Campbell

Posted at 05:30h in News by KMFSLLP 0 Comments

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* No deal value given; Media report puts deal value at $2.2 bln

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23 Jul China, HK stocks gain on trade hopes; STAR board cools down

Posted at 04:56h in News by KMFSLLP 0 Comments

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China stocks rose on Wednesday, lifted by reports of progress in Sino-U.S. trade negotiations, while excitement towards Shanghai's new Nasdaq-style tech board cools down a bit.

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News

23 Jul National Australia Bank last among ‘Big Four’ to ease home loan rules

23 Jul Australia shares end at highest since Nov 2007 on trade talk hopes; NZ down

23 Jul UPDATE 1-Skanska profit beats forecast as construction margin improves

23 Jul China’s ByteDance ventures into AI-generated music with Jukedeck deal

23 Jul Segro profits jump on strong demand for warehouse space

23 Jul Lloyds pays SLA 140 mln pounds to settle fund row

23 Jul UPDATE 2-Deutsche Bank posts Q2 loss of $3.51 bln on restructuring costs

23 Jul Retailer Casino to sell three hypermarkets for 42 mln euros

23 Jul UPDATE 3-KKR devours Tim Tam biscuits maker in $2.2 bln deal with Campbell

23 Jul China, HK stocks gain on trade hopes; STAR board cools down

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