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News

11 Jul RPT-UPDATE 1-China’s yuan drops below key level on U.S. tariff threats, stocks recover

Posted at 03:36h in News by KMFSLLP 0 Comments

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* Analysts see signs of counter-cyclical factor in yuan fixing

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11 Jul UPDATE 1–JD.com’s finance affiliate raises $2 bln, more than doubles valuation

Posted at 03:32h in News by KMFSLLP 0 Comments

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* Valuation to reach 133 bln yuan after fundraising closes in Q3

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11 Jul UPDATE 1-Tiger Global takes $1 bln stake in SoftBank, calling it undervalued – source

Posted at 03:11h in News by KMFSLLP 0 Comments

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* SoftBank market cap $87 bln vs Alibaba's $480 bln (Adds background about SoftBank's investments and valuation)

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11 Jul Hurricane Chris to become post-tropical cyclone by Thursday -NHC

Posted at 03:01h in News by KMFSLLP 0 Comments

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Hurricane Chris, moving north-eastward toward Newfoundland, is likely to become a post-tropical cyclone by Thursday afternoon, the U.S. National Hurricane Center said.

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11 Jul UPDATE 4-Chipmaker Broadcom inks $19 bln deal to buy software company CA

Posted at 02:26h in News by KMFSLLP 0 Comments

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Broadcom Inc announced a $18.9 billion deal to buy U.S. business software company CA Inc on Wednesday, venturing far beyond its realm of semiconductors and testing investors' confidence in its Chief Executive Hock Tan's dealmaking credentials.

11 Jul UPDATE 2-Walmart looks to exit Japan with Seiyu supermarket sale – NIkkei

Posted at 02:15h in News by KMFSLLP 0 Comments

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* Walmart exit would follow retreats by Tesco, Carrefour (Adds retail industry background)

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11 Jul Aussie shares gain as banks offset trade war fears; NZ slips

Posted at 02:01h in News by KMFSLLP 0 Comments

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* Materials and energy knocked by lower commodities and oil prices

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11 Jul RPT-China shares rebound, but yuan falls on weak fixing

Posted at 02:00h in News by KMFSLLP 0 Comments

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China's shares rebounded from heavy losses on Thursday, but the yuan fell after the country's central bank set the currency's daily midpoint at its weakest level in nearly a year.

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11 Jul China shares rebound, but yuan falls on weak fixing

Posted at 01:59h in News by KMFSLLP 0 Comments

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China's shares rebounded from heavy losses on Thursday, but the yuan fell after the country's central bank set the currency's daily midpoint at its weakest level in nearly a year.

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11 Jul UPDATE 1-Bank of Korea holds rates, weak job growth puts policymakers in a bind

Posted at 01:00h in News by KMFSLLP 0 Comments

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* Weak job growth, price moves a hurdle to policy tightening -analysts (Adds analyst comment, details)

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News

11 Jul RPT-UPDATE 1-China’s yuan drops below key level on U.S. tariff threats, stocks recover

11 Jul UPDATE 1–JD.com’s finance affiliate raises $2 bln, more than doubles valuation

11 Jul UPDATE 1-Tiger Global takes $1 bln stake in SoftBank, calling it undervalued – source

11 Jul Hurricane Chris to become post-tropical cyclone by Thursday -NHC

11 Jul UPDATE 4-Chipmaker Broadcom inks $19 bln deal to buy software company CA

11 Jul UPDATE 2-Walmart looks to exit Japan with Seiyu supermarket sale – NIkkei

11 Jul Aussie shares gain as banks offset trade war fears; NZ slips

11 Jul RPT-China shares rebound, but yuan falls on weak fixing

11 Jul China shares rebound, but yuan falls on weak fixing

11 Jul UPDATE 1-Bank of Korea holds rates, weak job growth puts policymakers in a bind

KM Financial Solutions LLP

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