Posted at 09:47h
in
News
by KMFSLLP
China on Thursday approved
JPMorgan's application to operate the first fully
foreign-owned futures business, as the world's second-largest
economy pushes ahead with opening its multi-trillion-dollar
financial market.

...
Posted at 09:47h
in
News
by KMFSLLP
British oil major BP Plc has
raised $11.9 billion in debt through an issue of hybrid bonds in
multiple currencies, a spokeswoman told Reuters in an emailed
statement, as the company seeks to take advantage of low
interest rates to fortify its balance sheet.
Posted at 09:36h
in
News
by KMFSLLP
Indonesia's central bank on
Thursday cut its benchmark rate for the third time this year and
signalled it may ease further, as Southeast Asia's largest
economy struggles to avoid a recession amid the broadening
fallout of the coronavirus pandemic.
Posted at 07:57h
in
News
by KMFSLLP
Insurance syndicate and brewer have offered donations to charities promoting diversity
...
Posted at 07:22h
in
News
by KMFSLLP
Japanese banks are financially
robust and there is no immediate threat to the sector and the
financial system despite rising credit-related costs, the head
of an industry lobby group said on Thursday.

...
Posted at 07:16h
in
News
by KMFSLLP
European shares retreated at the open on
Thursday as a spike in COVID-19 cases in China and some U.S.
states triggered fears of a second wave of infections, knocking
back hopes of a swift recovery from the pandemic-led economic
slump.
Posted at 07:14h
in
News
by KMFSLLP
China stocks ended firmer on
Thursday, as policymakers assured investors that the economy is
gradually recovering from the coronavirus crisis, while pledging
more reforms and liquidity to bolster capital markets.

...
Posted at 07:08h
in
News
by KMFSLLP
* Investors fear spike in COVID-19 cases in China, U.S.
states
(Updates to close)

...
Posted at 07:03h
in
News
by KMFSLLP
Britain's finance industry
watchdog has made an interim ban on marketing speculative
securities like mini-bonds to retail investors permanent and
more wide-ranging, the watchdog said on Thursday.

...
Posted at 07:03h
in
News
by KMFSLLP
Builder Taylor Wimpey on Thursday
raised about 522 million pounds ($655.16 million) in a
discounted share sale, about 22 million pounds more than it had
planned, which represents about 11% of its existing share
capital.