Posted at 10:52h
in
News
by KMFSLLP
Malaysian lender CIMB Group
Holdings Bhd saw a 24% tumble in fourth-quarter net
profit on Thursday, its fourth consecutive declined in quarterly
earnings, hit by higher provisions and increased investment
expenses.
...
Posted at 10:23h
in
News
by KMFSLLP
Bank of England governor’s prediction raises expectations of an interest-rate cut next month
...
Posted at 08:49h
in
News
by KMFSLLP
European shares slumped on Friday, on
course for their biggest weekly decline since the financial
crisis in 2008, as investors feared that the rapid spread of the
coronavirus outside China could trigger a global recession.
Posted at 08:49h
in
News
by KMFSLLP
Afghan officials are set to
meet Taliban members in Qatar on Friday ahead of a crucial
agreement between the U.S. and Taliban negotiators that will set
the timeline for the withdrawal of American troops who have been
fighting in Afghanistan for 18 years.
Posted at 08:20h
in
News
by KMFSLLP
Major global companies will see no growth
in earnings in 2020, analysts from U.S. bank Citigroup have
predicted, the latest sign of a reining in of expectations for
commercial performance this year as the coronavirus continues to
spread.
Posted at 08:19h
in
News
by KMFSLLP
Shares in German industrial
conglomerate Thyssenkrupp rose as much as 4% on Friday
after the company announced it will sell its elevators division
for 17.2 billion euros ($18.7 billion), beating even the most
optimistic price estimates.
Posted at 08:16h
in
News
by KMFSLLP
European shares dove 3% on Friday,
sliding deeper into correction territory, as investors feared a
global recession is on the horizon with the coronavirus
spreading across the world.
...
Posted at 08:02h
in
News
by KMFSLLP
Real estate agent Foxtons said
on Friday its 2020 sales pipeline was stronger than last year's,
and it was prepared for further challenges in the UK property
market during the Brexit transition period.
Posted at 07:56h
in
News
by KMFSLLP
Japanese shares plummeted in heavy
volume on Friday to their lowest in nearly six months as global
markets sold off on the rising possibility the coronavirus
outbreak would become a pandemic.
...
Posted at 07:53h
in
News
by KMFSLLP
Foreign investors sold Japanese equities
for a second straight week in the week ended Feb. 21 as the
number of coronavirus cases spiked in China and other Asian
countries, despite a boost from a weaker yen.