KM Financial Solutions | News

archive,paged,category,category-news,category-8,paged-2217,category-paged-2217,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive

News

12 May UPDATE 2-World’s largest wealth fund blacklists Glencore, other giants over coal use

Posted at 10:58h in News by KMFSLLP 0 Comments

0 Likes

* First exclusion made for excessive greenhouse gas emissions (Recasts, adds exclusions of other companies over coal use)

...

12 May Indonesia to raise health insurance premiums amid coronavirus outbreak

Posted at 10:56h in News by KMFSLLP 0 Comments

0 Likes

Indonesia will raise premiums for health insurance provided by a state company but also increased subsidies for the lowest rate, impacting tens of thousands of policyholders, as the country battles the coronavirus, a minister said on Wednesday.

12 May China stocks end higher as healthcare firms gain; second wave fears weigh

Posted at 07:51h in News by KMFSLLP 0 Comments

0 Likes

Chinese shares closed higher on Wednesday, reversing course from small losses as a rally in healthcare stocks boosted the index, although gains were capped due to persisting concerns around a potential second wave of COVID-19 cases.

12 May CORRECTED-UPDATE 1-Italy’s Poste says it can’t make 2020 forecasts after coronavirus hit

Posted at 07:23h in News by KMFSLLP 0 Comments

0 Likes

Italian postal service operator Poste Italiane said on Wednesday it could not make forecasts for its full-year results after reporting a 29% fall in its operating profit in the first quarter due to the coronavirus crisis.

12 May European shares slide as virus fears persist, banks drop

Posted at 07:21h in News by KMFSLLP 0 Comments

0 Likes

European shares fell on Wednesday, as investors feared a surge in COVID-19 cases after several hard-hit countries started to ease lockdowns, while rising U.S.-China tensions also dented sentiment.

...

12 May UPDATE 2-ABN Amro warns of ballooning provisions after $1.2 bln Q1 hit

Posted at 07:18h in News by KMFSLLP 0 Comments

0 Likes

Dutch bank ABN Amro warned provisions for souring loans could balloon to 2.5 billion euros ($2.71 billion) this year as the coronavirus crisis and oil price crash triggered a higher-than-expected first quarter loss.

...

12 May First Abu Dhabi has $73.2 mln exposure to fallen agri-trader Phoenix

Posted at 07:18h in News by KMFSLLP 0 Comments

0 Likes

First Abu Dhabi Bank (FAB), the United Arab Emirates' largest lender, on Wednesday said it has $73.2 million of exposure to agri-trader Phoenix Commodities and related entities.

...

12 May UPDATE 1-Britain offers to guarantee trade credit insurance during pandemic

Posted at 07:18h in News by KMFSLLP 0 Comments

0 Likes

Britain said on Wednesday it would temporarily guarantee business-to-business transactions until December for companies struggling to pay trade credit insurance during the coronavirus pandemic.

...

12 May Australian shares end higher as Commonwealth Bank, miners gain

Posted at 07:17h in News by KMFSLLP 0 Comments

0 Likes

Australian shares reversed course to close higher on Wednesday, as heavyweight Commonwealth Bank of Australia's shares rose after news of the sale of its wealth management business and coronavirus provisions being broadly in line with peers.

12 May UPDATE 1-World’s largest wealth fund blacklists four Canadian firms for emissions

Posted at 07:04h in News by KMFSLLP 0 Comments

0 Likes

* Two other firms admitted back into portfolio (Adds background, inclusions, bullets)

...

News

12 May UPDATE 2-World’s largest wealth fund blacklists Glencore, other giants over coal use

12 May Indonesia to raise health insurance premiums amid coronavirus outbreak

12 May China stocks end higher as healthcare firms gain; second wave fears weigh

12 May CORRECTED-UPDATE 1-Italy’s Poste says it can’t make 2020 forecasts after coronavirus hit

12 May European shares slide as virus fears persist, banks drop

12 May UPDATE 2-ABN Amro warns of ballooning provisions after $1.2 bln Q1 hit

12 May First Abu Dhabi has $73.2 mln exposure to fallen agri-trader Phoenix

12 May UPDATE 1-Britain offers to guarantee trade credit insurance during pandemic

12 May Australian shares end higher as Commonwealth Bank, miners gain

12 May UPDATE 1-World’s largest wealth fund blacklists four Canadian firms for emissions

KM Financial Solutions LLP

Latest Financial News

Contact Us for Information