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News

15 Jul Trade frictions with U.S. to have little impact on China’s consumer prices – Chinese official

Posted at 02:51h in News by KMFSLLP 0 Comments

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Trade frictions with the United States will have a limited impact on China's consumer prices, and consumer spending is expected to remain steady in the second half of the year, a spokesman from the National Bureau of Statistics said on Monday.

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15 Jul Goldman to name David Solomon as CEO early this week – NYT

Posted at 02:45h in News by KMFSLLP 0 Comments

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Goldman Sachs Group Inc is expected to name David Solomon as its next chief executive officer early this week, the New York Times reported https://www.nytimes.com/2018/07/15/business/goldman-sachs-david-solomon-lloyd-blankfein.html on Sunday.

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15 Jul GLOBAL MARKETS-Asian shares fall as China data points to slowing growth

Posted at 02:31h in News by KMFSLLP 0 Comments

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Asian shares were lower on Monday after data from China showed the world's second-largest economy slowed slightly in the second quarter, and as investors remain cautious over the impact of the heated Sino-U.S. trade war.

15 Jul Australian shares fall as financials slip on weak home sales; NZ down

Posted at 02:23h in News by KMFSLLP 0 Comments

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* Concerns over cooling local property market hurt bank sentiment

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15 Jul China June industrial output weaker; investment in line with expectations

Posted at 02:02h in News by KMFSLLP 0 Comments

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China's industrial output grew 6.0 percent in June from a year earlier, missing expectations, while fixed-asset investment growth slowed to 6.0 percent in the first half of the year, in line with forecasts, data showed on Monday.