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News

26 Nov Pearson to sell Wall Street English to funds, bringing in around $100 mln

Posted at 08:05h in News by KMFSLLP 0 Comments

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LONDON, Nov 27 (Reuters) - Pearson, the struggling education group, has agreed the sale of its Wall Street English business to a consortium of funds led by Baring Private Equity Asia and CITIC Capital, for around $300 million.

26 Nov Vietnam’s Jan-Nov FDI rises 11.9 pct y/y

Posted at 07:47h in News by KMFSLLP 0 Comments

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HANOI, Nov 27 (Reuters) - Vietnam received an estimated $16 billion in foreign direct investment (FDI) in the first 11 months of this year, up 11.9 percent from the same period in 2016, the government said on Monday.

26 Nov WRAPUP 3-China blue chips extend losses as bond market mood remains fragile

Posted at 07:44h in News by KMFSLLP 0 Comments

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* Reports of new rules on asset-backed securities underscore regulatory concerns

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26 Nov UPDATE 1-Allianz plans to buy rest of Euler Hermes for $2.2 bln

Posted at 07:17h in News by KMFSLLP 0 Comments

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* Euler Hermes board to issue opinion in late December (Adds quote, Euler Hermes comment, further details)

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26 Nov Nobel family backs “sustainable” British venture fund

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LONDON, Nov 27 (Reuters) - Sweden's Nobel family, best known for the prizes bearing their name, and the billionaire co-founder of Hargreaves Lansdown are backing a venture capital fund to invest in "sustainable" technology, manufacturing and service companies in Britain.

26 Nov Australia shares touch 2-week high; NZ closes at record high

Posted at 06:23h in News by KMFSLLP 0 Comments

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(Updates to close) Australian shares took heart from a strong finish on Wall Street in the previous session to close at a two-week high on Monday, with healthcare and financial stocks touching record highs.

26 Nov Uzbekistan opens the door, a crack

Posted at 06:00h in News by KMFSLLP 0 Comments

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TASHKENT/ALMATY, Nov 27 (Reuters) - Sensing change in his native Uzbekistan, Hikmat Abdurahmonov plans to build a 10-storey office block and open a consultancy firm oriented towards foreign trade. In neighbouring Kazakhstan, banker Umut Shayakhmetova is considering an Uzbek subsidiary.

26 Nov Rival sides square off over succession at U.S. consumer finance agency

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WASHINGTON, Nov 27 (Reuters) - A battle over who should run the U.S. Consumer Financial Protection Bureau (CFPB) in the coming months was set for court as Obama-era holdovers sought to maintain their control over a powerful watchdog which President Donald Trump is seeking to curb.

26 Nov WRAPUP 2-China blue chips extend losses as bond market mood remains fragile

Posted at 05:12h in News by KMFSLLP 0 Comments

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* Reports of new rules on asset-backed securities underscore regulatory concerns

...

26 Nov Japan insurer Sompo sets up fintech base in Tel Aviv

Posted at 05:09h in News by KMFSLLP 0 Comments

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TOKYO, Nov 27 (Reuters) - Property-and-casualty insurer Sompo Holdings Inc has set up a fintech hub in Israel, becoming the first Japanese insurer to do so in a country where it hopes to tap local expertise in digital and cyber-security technologies.

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News

26 Nov Pearson to sell Wall Street English to funds, bringing in around $100 mln

26 Nov Vietnam’s Jan-Nov FDI rises 11.9 pct y/y

26 Nov WRAPUP 3-China blue chips extend losses as bond market mood remains fragile

26 Nov UPDATE 1-Allianz plans to buy rest of Euler Hermes for $2.2 bln

26 Nov Nobel family backs “sustainable” British venture fund

26 Nov Australia shares touch 2-week high; NZ closes at record high

26 Nov Uzbekistan opens the door, a crack

26 Nov Rival sides square off over succession at U.S. consumer finance agency

26 Nov WRAPUP 2-China blue chips extend losses as bond market mood remains fragile

26 Nov Japan insurer Sompo sets up fintech base in Tel Aviv

KM Financial Solutions LLP

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