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News

26 Aug UPDATE 1-China warns investment may weaken further, to make “good use” of fiscal policy

Posted at 07:27h in News by KMFSLLP 0 Comments

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* Initial investment approvals have dropped off sharply in Jan-July

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26 Aug Investor Mincione urges Italy’s Carige to merge with another bank

Posted at 07:23h in News by KMFSLLP 0 Comments

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One of the top shareholders in Italy's Banca Carige said on Sunday the bank should merge with another lender "in the shortest time possible", after announcing he had teamed up with two other investors ahead of a shareholders' meeting.

26 Aug Tesla’s German shares fall after CEO Musk drops plan to take company private

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

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Germany-listed shares in Tesla fell more than 3 percent in early deals on the Tradegate exchange on Monday, after Chief Executive Elon Musk called off his bid to take the company private.

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26 Aug UPDATE 1-Metro AG faces shake-up of shareholder structure

Posted at 06:47h in News by KMFSLLP 0 Comments

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German retailer Metro AG faces a shake-up of its shareholder structure as Ceconomy announced it may join family-owned Haniel in selling a stake in the German retailer to an investor group led by Czech billionaire Daniel Kretinsky.

26 Aug Australian shares led higher by firm commodity prices; NZ up

Posted at 06:41h in News by KMFSLLP 0 Comments

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* Higher gold and base metal prices support resource stock gains

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26 Aug Ceconomy in talks to sell Metro stake

Posted at 06:14h in News by KMFSLLP 0 Comments

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Germany's Ceconomy said on Monday it was in talks with Czech-Slovak investor group EP Investment regarding a potential sale of its stake in retailer Metro.

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26 Aug Chinese bitcoin mining rig makers aim to raise billions in HK IPOs – sources

Posted at 06:00h in News by KMFSLLP 0 Comments

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* Bitmain, Canaan and Ebang each targeting IPOs in coming months

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26 Aug China stocks at highest in two weeks as c.bank seeks to stabilize yuan

Posted at 05:37h in News by KMFSLLP 0 Comments

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* China cenbank revives "counter-cyclical factor" for yuan fixing

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26 Aug UPDATE 1-Malaysia bars foreigners from Forest City project that drew Chinese buyers

Posted at 05:32h in News by KMFSLLP 0 Comments

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Malaysia will not allow foreigners to buy residential units in the $100-billion Forest City project in its southern state of Johor bordering Singapore, Prime Minister Mahathir Mohamad said on Monday.

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26 Aug RPT-Malaysia says Forest City project off limits to foreign buyers

Posted at 05:25h in News by KMFSLLP 0 Comments

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Malaysia will not allow foreigners to buy residential units built at the $100 billion Forest City project in Johor, Prime Minister Mahathir Mohamad said on Monday.

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News

26 Aug UPDATE 1-China warns investment may weaken further, to make “good use” of fiscal policy

26 Aug Investor Mincione urges Italy’s Carige to merge with another bank

26 Aug Tesla’s German shares fall after CEO Musk drops plan to take company private

26 Aug UPDATE 1-Metro AG faces shake-up of shareholder structure

26 Aug Australian shares led higher by firm commodity prices; NZ up

26 Aug Ceconomy in talks to sell Metro stake

26 Aug Chinese bitcoin mining rig makers aim to raise billions in HK IPOs – sources

26 Aug China stocks at highest in two weeks as c.bank seeks to stabilize yuan

26 Aug UPDATE 1-Malaysia bars foreigners from Forest City project that drew Chinese buyers

26 Aug RPT-Malaysia says Forest City project off limits to foreign buyers

KM Financial Solutions LLP

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