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24 Apr UPDATE 2-Lloyds Bank reassures investors on future of preference shares

Posted at 07:16h in News by KMFSLLP 0 Comments

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* Lloyds into second round of bids for former SLA mandate (Recasts, adds preference shares)

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24 Apr China banking sector assets rise 7.6 pct to 249.63 trln yuan by end-March

Posted at 07:14h in News by KMFSLLP 0 Comments

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BEIJING, April 25 (Reuters) - The value of assets held by China's banking sector rose 7.6 percent to 249.63 trillion yuan ($39.54 trillion) as of end-March from the same period a year earlier, the China Banking and Insurance Regulatory Commission (CBIRC) said on Wednesday.

24 Apr UPDATE 1-Britain considers setting up satellite system to rival EU’s Galileo -FT

Posted at 07:14h in News by KMFSLLP 0 Comments

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LONDON, April 25 (Reuters) - Britain is considering setting up a satellite navigation system to rival the European Union's Galileo project amid a row over attempts to restrict Britain's access to sensitive security information after Brexit, the Financial Times reported

24 Apr China stocks end lower; property, energy shares weigh

Posted at 07:14h in News by KMFSLLP 0 Comments

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* Losses in Shanghai stocks led by Hunan Baili Engineering Sci & Tech Co Ltd

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24 Apr UPDATE 1-UK builder Persimmon reports robust start to the year

Posted at 07:11h in News by KMFSLLP 0 Comments

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April 25 (Reuters) - Persimmon, Britain's second-largest housebuilder, on Wednesday reported robust trading since the start of the year, with sales conversion and cancellation rates in line with expectations.

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24 Apr INTERVIEW-Japan’s Daido Life plans to raise stock, foreign bond investments

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

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* To reduce currency hedging on foreign bonds due to high costs

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24 Apr UPDATE 1-Sumitomo Life: to increase investment in non-dollar foreign bonds

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

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TOKYO, April 25 (Reuters) - Sumitomo Life Insurance Co said on Wednesday it plans to increase investment in foreign bonds denominated in currencies other than the U.S. dollar for the year started this month, given the rise in the cost of hedging the greenback's swings against the yen.

24 Apr UPDATE 2-Indonesia urges firms to bolster hedging as rupiah risks grow

Posted at 07:02h in News by KMFSLLP 0 Comments

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* Current minimum requirement is 25 pct of liabilities 3-6 months before they are due

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24 Apr UPDATE 2-Whitbread to spin off Costa Coffee

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

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* Costa has attractive international opportunities - CEO (Adds CEO quotes)

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24 Apr UK’s Countrywide Q1 income falls on weak London sales

Posted at 06:51h in News by KMFSLLP 0 Comments

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April 25 (Reuters) - Countrywide Plc, Britain's largest estate agent on Wednesday said total income in the first quarter fell 10.5 percent, hurt by "significantly" lower sales in London.

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News

24 Apr UPDATE 2-Lloyds Bank reassures investors on future of preference shares

24 Apr China banking sector assets rise 7.6 pct to 249.63 trln yuan by end-March

24 Apr UPDATE 1-Britain considers setting up satellite system to rival EU’s Galileo -FT

24 Apr China stocks end lower; property, energy shares weigh

24 Apr UPDATE 1-UK builder Persimmon reports robust start to the year

24 Apr INTERVIEW-Japan’s Daido Life plans to raise stock, foreign bond investments

24 Apr UPDATE 1-Sumitomo Life: to increase investment in non-dollar foreign bonds

24 Apr UPDATE 2-Indonesia urges firms to bolster hedging as rupiah risks grow

24 Apr UPDATE 2-Whitbread to spin off Costa Coffee

24 Apr UK’s Countrywide Q1 income falls on weak London sales

KM Financial Solutions LLP

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