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18 May UPDATE 2-Trading spike helps Julius Baer beat forecasts in January to April

Posted at 07:56h in News by KMFSLLP 0 Comments

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* Shares jump as gross margin beats expectations (Adds market reaction)

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18 May China expected to keep lending benchmark unchanged – analysts

Posted at 07:54h in News by KMFSLLP 0 Comments

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China is expected to stand pat on its benchmark lending rate on Wednesday, after the central bank kept medium-term funding cost for financial institutions steady last week, a Reuters survey of traders and analysts found.

18 May UK sets out post-Brexit tariff regime

Posted at 07:53h in News by KMFSLLP 0 Comments

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Price of food and cars from Europe will rise sharply if transition period ends without EU-UK trade deal

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18 May Thyssenkrupp CEO: no taboos in steel consolidation plans

Posted at 07:42h in News by KMFSLLP 0 Comments

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Thyssenkrupp's CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, with options ranging from selling a majority to buying peers.

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18 May Indonesia c.bank keeps policy rate steady to support FX stability

Posted at 07:41h in News by KMFSLLP 0 Comments

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Indonesia's central bank kept its key interest rate unchanged on Tuesday, against expectations for a cut, saying the current level was in line with efforts to ensure market stability though stressed there still remained room for a reduction.

18 May China shares end higher on COVID-19 vaccine, economic recovery hopes

Posted at 07:39h in News by KMFSLLP 0 Comments

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* U.S. vaccine trial shows productive results, oil prices surge

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18 May European shares extend gains, Germany outperforms

Posted at 07:28h in News by KMFSLLP 0 Comments

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European shares extended gains on Tuesday as fresh stimulus plans for the European Union added to hopes of a faster economic recovery from a coronavirus-fuelled downturn.

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18 May Australian shares end at over 2-month high on economic recovery hopes

Posted at 07:25h in News by KMFSLLP 0 Comments

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Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities.

18 May BoE imposes dividend, pay caps on longer-term corporate borrowers

Posted at 07:20h in News by KMFSLLP 0 Comments

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Large businesses which want to borrow from the Bank of England for more than a year under an emergency coronavirus support scheme will have to show restraint on dividends and executive pay, the central bank said on Tuesday.

18 May UPDATE 1-Coffee maker JDE Peet’s looks to wake up sleepy IPO market

Posted at 07:06h in News by KMFSLLP 0 Comments

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JDE Peet's BV, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise at least 700 million euros ($764 million) via an initial public offering on the Euronext Amsterdam exchange.

News

18 May UPDATE 2-Trading spike helps Julius Baer beat forecasts in January to April

18 May China expected to keep lending benchmark unchanged – analysts

18 May UK sets out post-Brexit tariff regime

18 May Thyssenkrupp CEO: no taboos in steel consolidation plans

18 May Indonesia c.bank keeps policy rate steady to support FX stability

18 May China shares end higher on COVID-19 vaccine, economic recovery hopes

18 May European shares extend gains, Germany outperforms

18 May Australian shares end at over 2-month high on economic recovery hopes

18 May BoE imposes dividend, pay caps on longer-term corporate borrowers

18 May UPDATE 1-Coffee maker JDE Peet’s looks to wake up sleepy IPO market

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