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News

10 Dec China outstanding total social financing up 9.9 pct y/y at end-Nov

Posted at 09:21h in News by KMFSLLP 0 Comments

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China's outstanding total social financing (TSF) was 199.3 trillion yuan ($29.00 trillion) at the end of November, up 9.9 percent from a year earlier, the central bank said on Tuesday.

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10 Dec China Nov new loans rise to 1.25 trln yuan, beating forecasts

Posted at 09:11h in News by KMFSLLP 0 Comments

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Chinese banks extended 1.25 trillion yuan ($182 billion) in net new yuan loans in November, more than analysts had expected and up from the previous month.

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10 Dec Uber’s dominant size may rob smaller Lyft of its IPO oxygen

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Uber Technologies Inc and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.

10 Dec France’s Europe minister warns EU must be ready for no-deal Brexit

Posted at 08:58h in News by KMFSLLP 0 Comments

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10 Dec Trade war optimism lifts European shares

Posted at 08:47h in News by KMFSLLP 0 Comments

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European shares opened higher on Tuesday as a fresh whiff of optimism over the Sino-U.S. trade dispute lifted sentiment after a burst of political risk and worries about global growth hit world markets during the previous session.

10 Dec EU can help as UK seeks changes to Brexit divorce deal – minister

Posted at 08:42h in News by KMFSLLP 0 Comments

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Andrea Leadsom, leader of Britain's lower house of parliament, said on Tuesday the European Union had a history of doing last minute deals as Prime Minister Theresa May sought support from European leaders for changes to her Brexit deal.

10 Dec UPDATE 1-Huawei CFO back in Canada court as bail hearing set to wrap

Posted at 08:41h in News by KMFSLLP 0 Comments

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A top executive at Chinese telecoms giant Huawei Technologies is set to return to a Vancouver courtroom on Tuesday, as the judge weighs final issues in determining whether she should be freed on bail while awaiting extradition proceedings.

10 Dec Hong Kong shares end higher as China-U.S. trade talks continue

Posted at 08:29h in News by KMFSLLP 0 Comments

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Hong Kong stocks clawed back early losses to end higher on Tuesday as Beijing confirmed that it is still in trade talks with Washington, but global anxiety over trade, Brexit and the arrest of a senior Huawei executive limited gains.

10 Dec Norway may further tighten regulation on lending to consumers -finmin

Posted at 08:28h in News by KMFSLLP 0 Comments

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Norway may further tighten its regulation of banks offering high-interest loans to consumers, Finance Minister Siv Jensen told reporters on Tuesday following a meeting with bank executives and industry lobbyists.