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News

07 Oct UPDATE 1-H&M buys $20 mln stake in Swedish fintech firm Klarna

Posted at 07:52h in News by KMFSLLP 0 Comments

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Fashion chain H&M is acquiring a small stake in Klarna in what will be the Swedish online payments services firm's largest partnership so far.

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07 Oct China central bank lends 441.50 bln yuan via medium-term facility in Sept

Posted at 07:44h in News by KMFSLLP 0 Comments

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China's central bank lent 441.50 bln yuan ($63.96 bln) to financial institutions via its medium-term lending facility (MLF) in September, it said on Monday. Outstanding MLF was 5,383.00 bln yuan at the end of September compared with 5,118.00 bln yuan at the...

07 Oct China central bank lends 47.47 bln yuan via standing lending facility in Sept

Posted at 07:43h in News by KMFSLLP 0 Comments

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China's central bank extended 47.47 bln yuan ($6.88 bln) of loans to local financial institutions in September via its standing lending facility (SLF), it said on Monday. The total outstanding amount of SLF loans was 47.45 bln yuan at the end of September, the...

07 Oct China outstanding pledged supplementary lending at 3,237.10 bln yuan at end-Sept – c. bank

Posted at 07:43h in News by KMFSLLP 0 Comments

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China's pledged supplementary lending facility stood at 3,237.10 bln yuan ($468.95 bln) at the end of September, compared with 3,224.60 bln yuan at the end of August, the central bank said in a statement on its website on Monday. The PSL programme, initiated...

07 Oct UPDATE 1-Czech lender Moneta expands with deal for Kellner’s Air Bank

Posted at 07:41h in News by KMFSLLP 0 Comments

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Moneta Money Bank said on Monday it had provisionally agreed to buy tycoon Petr Kellner's Air Bank and other Czech-Slovak operations in a tie-up that would create the Czech Republic's third largest bank by network.

07 Oct European shares fall as risk-off sentiment spreads

Posted at 07:35h in News by KMFSLLP 0 Comments

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European shares started trading in negative territory on Monday as fears a trade war could have a bigger impact than expected on China added to concerns that rising U.S. interest rates are gradually making stock markets less attractive for investors.