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News

05 Jun UPDATE 1-Malaysia’s new attorney general vows “no cover ups” in 1MDB case

Posted at 07:36h in News by KMFSLLP 0 Comments

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KUALA LUMPUR, June 6 (Reuters) - Malaysia's newly appointed attorney-general Tommy Thomas said on Wednesday there would be "no cover ups" as he promised to institute criminal and civil action over a graft scandal at state fund 1Malaysia Development Berhad (1MDB).

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05 Jun European stocks cautious as commodities, tech stocks pull higher

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

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LONDON, June 6 (Reuters) - European stocks edged higher on Wednesday, underpinned by gains in tech and commodity-related stocks, although trading was cautious amid worries over Italian debt and global trade.

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05 Jun Smurfit Kappa reaffirms guidance after International Paper drops bid

Posted at 07:31h in News by KMFSLLP 0 Comments

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DUBLIN, June 6 (Reuters) - Smurfit Kappa reaffirmed its guidance on Wednesday that its full year earnings will be materially better than last year after rival International Paper (IP) decided to end its pursuit of the Irish packaging company.

05 Jun Shanghai shares end flat; transport offset by losses in real estate

Posted at 07:22h in News by KMFSLLP 0 Comments

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* Gains in Shanghai stocks led by Hangzhou Advance Gearbox Group Co Ltd and losses by Shandong Jintai Group Co Ltd

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05 Jun UPDATE 1-ECB to debate ending bond buys next week: Praet

Posted at 07:09h in News by KMFSLLP 0 Comments

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BERLIN, June 6 (Reuters) - The European Central Bank is increasingly confident that inflation is rising back to its target and will next week debate whether to gradually unwind bond purchases, ECB chief economist Peter Praet said on Wednesday.

05 Jun Malaysian PM Mahathir says government accepted resignation of cenbank governor

Posted at 05:47h in News by KMFSLLP 0 Comments

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KUALA LUMPUR, June 6 (Reuters) - Malaysian Prime Minister Mahathir Mohamad said on Wednesday he had accepted the resignation of central bank governor Muhammad Ibrahim and would meet the king as soon as possible to discuss Ibrahim's successor.

05 Jun Islamic Development Bank to move staff outside Saudi, lead projects in strategy shift

Posted at 05:00h in News by KMFSLLP 0 Comments

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* Former Saudi haj minister took over as president in late 2016

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05 Jun China trust industry outstanding total assets down 3.18 pct from start of 2018 – regulator

Posted at 04:36h in News by KMFSLLP 0 Comments

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BEIJING, June 6 (Reuters) - Outstanding total assets in China's trust industry fell 3.18 percent from the start of 2018 to 25.41 trillion yuan ($3.97 trillion) as of end-April, the banking and insurance regulator said on Wednesday.

05 Jun UPDATE 2-Australia posts strongest growth in 2 years, extends recession-free run

Posted at 04:30h in News by KMFSLLP 0 Comments

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* Australian dlr jumps to near 6-week highs after data (Adds analyst comment, detail on consumer spending, updates Aussie dollar level)

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05 Jun Tech firms lead Hong Kong stocks higher; China down

Posted at 04:26h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used 2 pct, Shanghai->HK daily quota used -0.2 pct

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News

05 Jun UPDATE 1-Malaysia’s new attorney general vows “no cover ups” in 1MDB case

05 Jun European stocks cautious as commodities, tech stocks pull higher

05 Jun Smurfit Kappa reaffirms guidance after International Paper drops bid

05 Jun Shanghai shares end flat; transport offset by losses in real estate

05 Jun UPDATE 1-ECB to debate ending bond buys next week: Praet

05 Jun Malaysian PM Mahathir says government accepted resignation of cenbank governor

05 Jun Islamic Development Bank to move staff outside Saudi, lead projects in strategy shift

05 Jun China trust industry outstanding total assets down 3.18 pct from start of 2018 – regulator

05 Jun UPDATE 2-Australia posts strongest growth in 2 years, extends recession-free run

05 Jun Tech firms lead Hong Kong stocks higher; China down

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