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News

11 Oct China money rates fall ahead of reserve requirement cut taking effect

Posted at 07:50h in News by KMFSLLP 0 Comments

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China's primary money rates fell this week after China's central bank said it would reduce the level of cash banks must hold in reserve, and as demand for money eased at the beginning of a new quarter. The volume-weighted average rate of the benchmark seven-day...

11 Oct Tech, auto stocks drive bounceback in Europe

Posted at 07:38h in News by KMFSLLP 0 Comments

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European stocks bounced back strongly on Friday from a sharp selloff in world markets, after Asian shares staged a partial recovery overnight.

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11 Oct WRAPUP 2-‘Winter is coming’: Indonesia warns of new crisis from trade war

Posted at 07:31h in News by KMFSLLP 0 Comments

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* Widodo: trade war could be worse than global financial crisis

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11 Oct China stocks rebound after sell-off, but Shanghai down 7.6 pct for the week

Posted at 07:28h in News by KMFSLLP 0 Comments

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China's main stock indexes bounced higher on Friday after suffering brutal losses a day earlier, as investors snapped up battered bargains and as Chinese exports showed unexpectedly strong growth in September.

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11 Oct Nikkei ends higher on robust Chinese exports, rising U.S. stock futures

Posted at 07:04h in News by KMFSLLP 0 Comments

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* Nikkei falls 4.6 pct for week, biggest weekly drop since March

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11 Oct China’s CEFC founder Ye named in corruption case – state media

Posted at 07:01h in News by KMFSLLP 0 Comments

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The former chairmen of CEFC China Energy and China Development Bank (CDB) were named in a high-profile graft trial of a senior Communist Party official, state broadcaster CCTV reported, citing prosecution evidence presented in court.

11 Oct South African rand firmer ahead of Moody’s rating decision

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

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The South African rand firmed against the globally hobbled dollar early on Friday ahead of the country's credit review announcement by ratings agency Moody’s later in the day.