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News

24 Oct UPDATE 2-Eyeing $400 billion, Saudi wealth fund aims to nearly double size by 2020

Posted at 09:13h in News by KMFSLLP 0 Comments

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RIYADH, Oct 25 (Reuters) - Saudi Arabia's main sovereign wealth fund wants to increase its financial clout to 1.5 trillion riyals ($400 billion) by 2020 as part of the kingdom's efforts to boost private-sector growth and wean itself off oil export dependence.

24 Oct Lloyds, Antofagasta dampen FTSE after weak results

Posted at 09:11h in News by KMFSLLP 0 Comments

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LONDON, Oct 25 (Reuters) - Declines in Lloyds and Antofagasta shares weighed on the UK's top share index on Wednesday as third-quarter results rolled into focus.

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24 Oct China speculators target ‘Huning’ elevator firm on political namesake’s promotion

Posted at 09:08h in News by KMFSLLP 0 Comments

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SHANGHAI, Oct 25 (Reuters) - A little-known Chinese elevator maker saw its Shenzhen-listed shares surge the maximum 10 percent on Wednesday.

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24 Oct David Davis: UK expects to strike post-Brexit transition deal by early 2018

Posted at 08:59h in News by KMFSLLP 0 Comments

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24 Oct UPDATE 1-Eyes on European earnings, as Kering shares jump on sales surge

Posted at 08:55h in News by KMFSLLP 0 Comments

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* Investors hold breath ahead of Thursday's ECB meeting (Adds details)

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24 Oct China to tweak property price methodology to address “new challenges”

Posted at 08:47h in News by KMFSLLP 0 Comments

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BEIJING, Oct 25 (Reuters) - China will make changes to the methodology for calculating its housing price index as the current system has encountered "new challenges", the Statistics Bureau said on Wednesday.

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24 Oct UPDATE 2-U.S. fund, CIC snap up Equis Energy for record $3.7 bln in bet on renewables

Posted at 08:45h in News by KMFSLLP 0 Comments

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* U.S.-based GIP raised record $15.8 billion fund this year (Recasts with details of the deal, buyers, quotes)

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24 Oct Indian state-run GIC Re falls on market debut after $1.72 bln IPO

Posted at 08:38h in News by KMFSLLP 0 Comments

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Oct 25 (Reuters) - State-run General Insurance Corp of India (GIC Re) slumped as much as 14.5 percent on market debut on Wednesday after raising 111.76 billion rupees ($1.72 billion) in the country's biggest initial public offering in seven years.

24 Oct UK GDP growth picks up in Q3

Posted at 08:33h in News by KMFSLLP 0 Comments

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24 Oct Hong Kong’s storied stock trading hall shuts up shop

Posted at 08:31h in News by KMFSLLP 0 Comments

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HONG KONG, Oct 25 (Reuters) - The lights go out and screens turn blank in the trading hall of Hong Kong's stock exchange this week, marking the end of an era for the red-carpeted, cavernous space that was home to more than a thousand floor traders in its heyday.

News

24 Oct UPDATE 2-Eyeing $400 billion, Saudi wealth fund aims to nearly double size by 2020

24 Oct Lloyds, Antofagasta dampen FTSE after weak results

24 Oct China speculators target ‘Huning’ elevator firm on political namesake’s promotion

24 Oct David Davis: UK expects to strike post-Brexit transition deal by early 2018

24 Oct UPDATE 1-Eyes on European earnings, as Kering shares jump on sales surge

24 Oct China to tweak property price methodology to address “new challenges”

24 Oct UPDATE 2-U.S. fund, CIC snap up Equis Energy for record $3.7 bln in bet on renewables

24 Oct Indian state-run GIC Re falls on market debut after $1.72 bln IPO

24 Oct UK GDP growth picks up in Q3

24 Oct Hong Kong’s storied stock trading hall shuts up shop

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