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News

21 Jul UPDATE 2-Staffline share issue dilutes Cat Rock’s stake

Posted at 10:29h in News by KMFSLLP 0 Comments

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* Staffline shares down nearly 3% (Recasts to show stake diluted, adds detail, shares)

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21 Jul SE Asia Stocks-Fall on prospect of a smaller U.S. rate-cut; Singapore leads losses

Posted at 10:21h in News by KMFSLLP 0 Comments

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Southeast Asian stock markets ended lower on Monday, with Singapore leading losses, after a report dashed hopes of an aggressive interest rate cut by the U.S. central bank. The Wall Street Journal on Friday reported that the Fed was likely to ease rates by 25 basis...

21 Jul Resigning UK minister: Sad that Britain has to work under Brexit “dark cloud”

Posted at 09:49h in News by KMFSLLP 0 Comments

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Foreign office minister Alan Duncan, who quit on Monday, said Britain was being forced to work under a "dark cloud" caused by Brexit, setting out the reasons for his resignation in a letter to Prime Minister Theresa May.

21 Jul Malaysia’s international reserves up at $103.3 bln, as of July 15

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

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Malaysia's gross international reserves rose to $103.3 billion, as of July 15, from $102.7 billion on June 28, the central bank said on Monday.

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21 Jul UPDATE 1-Profits rise at recruiter SThree, UK revenue drops

Posted at 06:58h in News by KMFSLLP 0 Comments

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Recruiter SThree Plc posted an 18% rise in pretax profit in the first half of the year, bolstered by strong international hiring as it battles a significant slowdown in a British home market whose influence on its overall performance is declining fast.

21 Jul Australia shares slip on faded hopes for big Fed rate cut; NZ rises

Posted at 06:49h in News by KMFSLLP 0 Comments

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* Miners gain, more stimulative policies in China eyed (Updates to close)

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21 Jul Activist investor Cat Rock slashes stake in UK’s Staffline

Posted at 06:43h in News by KMFSLLP 0 Comments

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Activist investor Cat Rock Capital has cut its stake in Staffline Group Plc by more than half, an official filing showed on Monday, less than a month after the British recruiter swung to a 2018 loss as it booked a charge for potential fines for underpaying workers.

21 Jul UPDATE 1-Metro Bank in talks on loan portfolio sale

Posted at 06:39h in News by KMFSLLP 0 Comments

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* Shares down 72% since the start of the year (Adds detail from statement, background, bullet points)

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21 Jul French bank Natixis says there are no talks over possible offer for Coface

Posted at 06:32h in News by KMFSLLP 0 Comments

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French bank Natixis said on Monday that it was not in talks over a possible takeover offer for Coface, the credit insurance subsidiary in which Natixis has a stake of around 41.7%.

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21 Jul RPT-EU to scrap financial market access for some countries in Brexit warning shot

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

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The European Union is set to block some countries from accessing parts of the bloc's financial market for the first time, an EU document seen by Reuters showed, a step that will ring alarm bells in Britain in the run up to Brexit.

News

21 Jul UPDATE 2-Staffline share issue dilutes Cat Rock’s stake

21 Jul SE Asia Stocks-Fall on prospect of a smaller U.S. rate-cut; Singapore leads losses

21 Jul Resigning UK minister: Sad that Britain has to work under Brexit “dark cloud”

21 Jul Malaysia’s international reserves up at $103.3 bln, as of July 15

21 Jul UPDATE 1-Profits rise at recruiter SThree, UK revenue drops

21 Jul Australia shares slip on faded hopes for big Fed rate cut; NZ rises

21 Jul Activist investor Cat Rock slashes stake in UK’s Staffline

21 Jul UPDATE 1-Metro Bank in talks on loan portfolio sale

21 Jul French bank Natixis says there are no talks over possible offer for Coface

21 Jul RPT-EU to scrap financial market access for some countries in Brexit warning shot

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