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News

10 Oct UPDATE 3-BOJ board member warns trade protectionism could hurt Japan’s growth

Posted at 06:52h in News by KMFSLLP 0 Comments

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* No need for further easing now -Sakurai (Adds comment from news conference)

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10 Oct UPDATE 1-China should prepare ‘more powerful’ steps to support economy – state media

Posted at 06:36h in News by KMFSLLP 0 Comments

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China should prepare "more powerful" policy measures, possibly including a large-scale stimulus package, to prevent its economy from stalling as trade frictions with the United States persist, a state-backed tabloid said in a commentary on Thursday.

10 Oct Billionaire Fredriksen’s Flex raises $300 mln for more LNG ships

Posted at 06:31h in News by KMFSLLP 0 Comments

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Flex LNG, controlled by Norwegian-born billionaire John Fredriksen, has raised $300 million in a private placement of shares to help pay for five new vessels costing $918 million, it said on Thursday.

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10 Oct ECB’s de Cos says creditor countries must support global demand

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

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Creditor countries must do more to support global demand as interest rates rise, making it more expensive for debtors to pay their dues, European Central Bank policymaker Pablo Hernandez de Cos said on Thursday.

10 Oct French bank Natixis says examining deal with Ingenico

Posted at 06:10h in News by KMFSLLP 0 Comments

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French bank Natixis said on Thursday that it was examining a deal with financial technology and payments company Ingenico, which has been the subject of bid interest.

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10 Oct Australian, NZ shares join the global rout; gold stocks glitter

Posted at 06:03h in News by KMFSLLP 0 Comments

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Australian shares joined the global sell-off, closing at a near six-month low on Thursday, as the Wall Street rout overnight battered equity markets elsewhere.

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10 Oct UPDATE 2-Australian bank CEOs say inquiry was needed to expose abuses

Posted at 05:54h in News by KMFSLLP 0 Comments

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* CBA's Comyn says incentives may have played part in misconduct (Recasts on both bank CEOs reversing opposition to inquiry)

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10 Oct UPDATE 1-S.Korean shares plunge as much as 4.2 pct, won slumps

Posted at 05:49h in News by KMFSLLP 0 Comments

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South Korean stocks markets slumped on Thursday, with the main KOSPI index tumbling to its lowest since April 2017, amid a rout in Asian shares after steep overnight losses on Wall Street. The benchmark index fell as...

10 Oct ANZ loan to controversial Cambodian sugar firm criticised by Australia

Posted at 05:35h in News by KMFSLLP 0 Comments

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A loan by the Australia and New Zealand Banking Group Ltd to a Cambodian sugar company involved in a land dispute was hard to reconcile with the bank's own human rights standards, an Australian government investigation found.