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News

13 Jun UK motor insurers face losses this year

Posted at 04:00h in News by KMFSLLP 0 Comments

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EY predicts sharp reversal of fortunes from falling premiums and rising claims costs

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13 Jun If UK baulks on EU bill, poor nations could suffer

Posted at 03:00h in News by KMFSLLP 0 Comments

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Reneging on £39bn payment may lead to downgrades of multilateral development banks

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13 Jun Australia shares buoyed by miners, energy stocks; NZ flat

Posted at 02:50h in News by KMFSLLP 0 Comments

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* AMP down as regulator slaps stricter conditions on pension fund

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13 Jun Ex-president of Sea Ltd launches PE firm to back Southeast Asia start-ups

Posted at 02:31h in News by KMFSLLP 0 Comments

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Nicholas Nash, the former president of Singapore-based online gaming and e-commerce company Sea Ltd, has launched a private equity firm - Asia Partners - to invest in Southeast Asian technology start-ups.

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13 Jun UPDATE 3-Yemen’s Houthis, in tit-for-tat, launch fresh attacks against Saudi Abha airport

Posted at 01:39h in News by KMFSLLP 0 Comments

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Yemen's Houthi group carried out new drone strikes on a Saudi airport on Friday after a series of air strikes by a Saudi-led coalition against the capital Sanaa, residents and both sides of Yemen's war said.

13 Jun UPDATE 2-Australian regulator slaps stricter conditions on AMP’s pension funds, shares fall

Posted at 01:33h in News by KMFSLLP 0 Comments

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* AMP due to update market on strategy, cash flow on Aug. 8 (Adds shares, fund manager comment)

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13 Jun UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit

Posted at 00:36h in News by KMFSLLP 0 Comments

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Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company.

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13 Jun Magnitude 6.5 quake hits off Chile near Coquimbo -USGS

Posted at 00:32h in News by KMFSLLP 0 Comments

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A magnitude 6.5 quake struck off Chile's coast near the coastal city of Coquimbo, the U.S. Geological Survey said on Thursday.

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12 Jun UPDATE 3-PetSmart’s Chewy gets Wall Street tails wagging with $1 bln IPO

Posted at 23:53h in News by KMFSLLP 0 Comments

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Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing the online pet products retailer at $8.77 billion.

12 Jun Facebook’s cryptocurrency-based payments system gets big backers -WSJ

Posted at 23:44h in News by KMFSLLP 0 Comments

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Facebook Inc has enlisted more than a dozen companies including Visa Inc, Mastercard Inc , PayPal Holdings Inc and Uber Technologies Inc to back its new cryptocurrency, the Wall Street Journal reported https://on.wsj.com/2IdYo3a on Thursday.

News

13 Jun UK motor insurers face losses this year

13 Jun If UK baulks on EU bill, poor nations could suffer

13 Jun Australia shares buoyed by miners, energy stocks; NZ flat

13 Jun Ex-president of Sea Ltd launches PE firm to back Southeast Asia start-ups

13 Jun UPDATE 3-Yemen’s Houthis, in tit-for-tat, launch fresh attacks against Saudi Abha airport

13 Jun UPDATE 2-Australian regulator slaps stricter conditions on AMP’s pension funds, shares fall

13 Jun UPDATE 2-Hedge fund Third Point calls on Sony to spin off semiconductor unit

13 Jun Magnitude 6.5 quake hits off Chile near Coquimbo -USGS

12 Jun UPDATE 3-PetSmart’s Chewy gets Wall Street tails wagging with $1 bln IPO

12 Jun Facebook’s cryptocurrency-based payments system gets big backers -WSJ

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