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News

17 Mar UPDATE 1-Portugal announces 9.2 billion euros of coronavirus aid

Posted at 10:00h in News by KMFSLLP 0 Comments

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Portugal's government announced on Wednesday a 9.2 billion-euro package to support workers and provide liquidity for companies affected by the coronavirus outbreak.

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17 Mar India govt, Central Bank mull relaxing bad loan rules for sector hit by coronavirus

Posted at 09:55h in News by KMFSLLP 0 Comments

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India's government and central bank are considering giving relief to banks, aviation and other hospitality sectors hit by the coronavirus outbreak by relaxing bad loan classification rules, a source familiar with the matter said.

17 Mar Australia regulator urges banks to abide by new high frequency trading rules

Posted at 09:34h in News by KMFSLLP 0 Comments

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Australia's securities regulator said on Wednesday it is holding discussions with investment banks to ensure they are following new rules introduced this week aimed at preventing an overload of market systems.

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17 Mar UPDATE 5-Japan to launch panel to mull big stimulus package to battle hit from virus

Posted at 09:32h in News by KMFSLLP 0 Comments

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* Discussion to lay groundwork for spending package due April

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17 Mar Portugal government announces 9.2 billion euro package for companies and workers affected by coronavirus

Posted at 09:23h in News by KMFSLLP 0 Comments

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Portugal's government announced on Wednesday a 9.2 billion euro package supporting workers and providing liquidity for companies affected by the coronavirus outbreak.

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17 Mar UPDATE 1-ECB says it has more firepower to fight crisis

Posted at 09:16h in News by KMFSLLP 0 Comments

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The European Central Bank is ready to take further measures to support the crisis-stricken euro zone economy, it said on Wednesday, attempting to dispel growing concerns that the bank is out of ammunition.

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17 Mar Hillhouse-backed Blue Moon picks banks for up to $1 bln HK IPO: sources

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

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Chinese liquid detergent maker Blue Moon, backed by large private equity firm Hillhouse Capital Group, has picked banks to lead its Hong Kong initial public offering of up to $1 billion this year, said two people with direct knowledge of the matter.

17 Mar UBS sees low lending losses, good liquidity despite coronavirus – CFO

Posted at 09:04h in News by KMFSLLP 0 Comments

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Swiss bank UBS has seen relatively low losses in its Lombard lending portfolio and feels comfortable with its liquidity despite market drops amidst the coronavirus pandemic, Chief Financial Officer Kirt Gardner said on Wednesday.