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News

29 May UPDATE 1-Malaysia’s CIMB post best quarterly profit in 5 years

Posted at 05:59h in News by KMFSLLP 0 Comments

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* Performance also lifted by one-off gain from stake disposal (Updates with earnings details, background)

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29 May Swiss voters set to shoot down sovereign money campaign – poll

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

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ZURICH, May 30 (Reuters) - A radical "sovereign money" plan that would upend Switzerland's traditional monetary system is headed for defeat in a referendum next month as opposition including from the Swiss central bank mounts, a poll showed on Wednesday.

29 May CORRECTED-Malaysia’s CIMB posts 11 percent rise in Q1 profit

Posted at 05:19h in News by KMFSLLP 0 Comments

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KUALA LUMPUR, May 30 (Reuters) - CIMB Group Holdings Bhd , Malaysia's No.2 lender by assets, reported an almost 11 percent rise in quarterly profit, boosted by lower cost and provisions as well as a one-off gain from a stake disposal in its brokerage business.

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29 May UPDATE 1-Kazakhstan says Belgian court lifts $21.5 bln asset freeze

Posted at 05:04h in News by KMFSLLP 0 Comments

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ALMATY, May 30 (Reuters) - A Belgian court has lifted a freeze on about $21.5 billion in Kazakhstan's National fund assets imposed after a dispute with a Moldovan businessman, the Kazakh justice ministry said on Wednesday.

29 May UPDATE 3-NZ central bank sees risks from domestic debt, global shocks

Posted at 04:55h in News by KMFSLLP 0 Comments

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* Flags high household and dairy sector indebtedness as key risks

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29 May UPDATE 1-Vietnam court upholds key decision in country’s biggest-ever fraud case -victim’s lawyer

Posted at 04:44h in News by KMFSLLP 0 Comments

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* Malaysia victim says little hope of perpetrator returning funds

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29 May UPDATE 1-Daimler leads $175 mln investment in Uber’s EMEA rival Taxify

Posted at 04:35h in News by KMFSLLP 0 Comments

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LONDON, May 30 (Reuters) - Estonia's Taxify is set to step up its fight against global rival Uber across Europe and Africa after raising $175 million in funding from a group led by German automaker Daimler.

29 May REFILE-South Korea’s $579 bln pension fund to boost overseas investment

Posted at 04:35h in News by KMFSLLP 0 Comments

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(Removes extraneous words in 2nd par) By Haejin Choi SEOUL, May 30 (Reuters) - South Korea's National Pension Service (NPS) said on Wednesday it would significantly increase its asset allocation to overseas and alternative investments to diversify its holdings. ...

29 May China, Hong Kong stocks fall on Italian crisis, trade war fears

Posted at 04:20h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used -1.4 pct, Shanghai->HK daily quota used 0 pct

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29 May Vietnam court upholds key decision in country’s biggest-ever fraud case -victim’s lawyer

Posted at 04:17h in News by KMFSLLP 0 Comments

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HANOI, May 30 (Reuters) - A Vietnamese court has upheld a key judgement in the country's biggest-ever fraud case, a lawyer for one of the victims told Reuters, in a trial that has spotlighted Vietnam's ability to tackle financial crime at a time when foreign banks are heeding government...

News

29 May UPDATE 1-Malaysia’s CIMB post best quarterly profit in 5 years

29 May Swiss voters set to shoot down sovereign money campaign – poll

29 May CORRECTED-Malaysia’s CIMB posts 11 percent rise in Q1 profit

29 May UPDATE 1-Kazakhstan says Belgian court lifts $21.5 bln asset freeze

29 May UPDATE 3-NZ central bank sees risks from domestic debt, global shocks

29 May UPDATE 1-Vietnam court upholds key decision in country’s biggest-ever fraud case -victim’s lawyer

29 May UPDATE 1-Daimler leads $175 mln investment in Uber’s EMEA rival Taxify

29 May REFILE-South Korea’s $579 bln pension fund to boost overseas investment

29 May China, Hong Kong stocks fall on Italian crisis, trade war fears

29 May Vietnam court upholds key decision in country’s biggest-ever fraud case -victim’s lawyer

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