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News

08 Oct China stocks hit 21-month high after holiday break; Hong Kong dips

Posted at 05:03h in News by KMFSLLP 0 Comments

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* China banks, property stocks jump on coming reserve ratio cut

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08 Oct UPDATE 1-Australia’s CBA hit with class action suit over money-laundering rule breaches

Posted at 04:50h in News by KMFSLLP 0 Comments

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* Class action invites holders of shares between 2015-2017 (Updates shares, adds CBA defending lawsuit in 2nd last graf)

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08 Oct Barclays chief Jes Staley faces threats on two fronts

Posted at 03:01h in News by KMFSLLP 0 Comments

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Investors worry about strategy and low share price, while regulatory decision looms

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08 Oct China c.bank queries banks on MLF demand, expected to inject funds on Fri

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SHANGHAI, Oct 9 (Reuters) - The People's Bank of China (PBOC) asked some commercial banks on Monday about their demand for medium-term lending facility (MLF) loans, market sources with direct knowledge of the matter said.

08 Oct China stocks jump after RRR cut, play catch-up with bullish global markets

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SHANGHAI, Oct 9 (Reuters) - China stocks surged on Monday on their first trading day after a week-long holiday break, boosted by a reserve rate cut by the country's central bank and further gains in global equity markets.

08 Oct CORRECTED-China services sector growth falls to 21-month low in September – Caixin PMI

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BEIJING, Oct 9 (Reuters) - BEIJING, Oct 9 (Reuters) - Business activity in China's services sector grew at its slowest pace in 21 months in September as the pace of new business cooled, a private survey showed.

08 Oct Australia shares push higher as miners extend rally; NZ breaches 8,000

Posted at 01:28h in News by KMFSLLP 0 Comments

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Oct 9 (Reuters) - Australian shares rose on Monday, underpinned by strong gains in mining stocks, which hit a more than three-week high after copper prices registered their largest weekly gain since late August.

08 Oct Australia’s CBA hit with class action suit over money-laundering rule breaches

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SYDNEY, Oct 9 (Reuters) - An Australian lawfirm formally filed a class action suit against Commonwealth Bank of Australia on behalf of shareholders on Monday, accusing it of failing to disclose widespread breaches of anti-money-laundering rules.

08 Oct PBOC official says China’s RRR cut won’t alter resolve to lower risk – state media

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SHANGHAI, Oct 9 (Reuters) - The plan by China's central bank to cut the amount of cash reserves that some banks must hold will not alter policymakers' resolve to lower financial risk, the official China Daily reported an official saying on Monday.

08 Oct UPDATE 1-Boeing helped finance bailout of Monarch Airlines in 2016 -FT

Posted at 00:41h in News by KMFSLLP 0 Comments

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Oct 8 (Reuters) - Boeing Co had pumped in more than 100 million pounds ($130 million) into Britain's Monarch Airlines which collapsed last week, the Financial Times reported on Monday.

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News

08 Oct China stocks hit 21-month high after holiday break; Hong Kong dips

08 Oct UPDATE 1-Australia’s CBA hit with class action suit over money-laundering rule breaches

08 Oct Barclays chief Jes Staley faces threats on two fronts

08 Oct China c.bank queries banks on MLF demand, expected to inject funds on Fri

08 Oct China stocks jump after RRR cut, play catch-up with bullish global markets

08 Oct CORRECTED-China services sector growth falls to 21-month low in September – Caixin PMI

08 Oct Australia shares push higher as miners extend rally; NZ breaches 8,000

08 Oct Australia’s CBA hit with class action suit over money-laundering rule breaches

08 Oct PBOC official says China’s RRR cut won’t alter resolve to lower risk – state media

08 Oct UPDATE 1-Boeing helped finance bailout of Monarch Airlines in 2016 -FT

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