Posted at 09:07h
in
News
by KMFSLLP
The London Metal Exchange's open
outcry trading floor may remain closed for many more months as
it cannot be reopened under COVID-19 social distancing
restrictions, the head of the exchange said.

...
Posted at 09:02h
in
News
by KMFSLLP
Lebanon's central bank will
intervene in the market starting from Thursday to protect the
Lebanese pound whose declining value has forced up the price of
food and other commodities, Prime Minister Hassan Diab said.
Posted at 09:00h
in
News
by KMFSLLP
Japan's Daiwa Securities Group Inc
expects to make a comeback in China as early as this
year initially targeting the country's huge market for
investment banking, its chief executive said.

...
Posted at 08:56h
in
News
by KMFSLLP
Kenya's biggest bank by assets,
KCB Group, has restructured more than 110 billion
shillings ($1.03 billion) of its loans to customers and up to a
quarter of its book could be affected by mid-June, its chief
executive told Reuters.
Posted at 08:55h
in
News
by KMFSLLP
* Sweden, Denmark, Norway markets closed
(Adds comment, updates prices)

...
Posted at 08:47h
in
News
by KMFSLLP
The body for promoting Britain's
financial services sector overseas said on Thursday it had
appointed a former senior lawmaker to head its policy work as
the industry grapples with the COVID-19 pandemic and departure
from the European Union.
Posted at 08:44h
in
News
by KMFSLLP
* HK->Shanghai Connect daily quota used 5.2%, Shanghai->HK
daily
quota used 4%

...
Posted at 08:32h
in
News
by KMFSLLP
Greencoat Capital has agreed to
buy a 156 megawatt (MW) portfolio of solar assets in Britain
from investment management firm BlackRock Real Assets and solar
energy developer Lightsource BP, it said on Thursday.
Posted at 08:27h
in
News
by KMFSLLP
Saudi Aramco has appointed Ashraf
Ghazzawi as a new vice president of treasury effective June 1,
an industry source said.

...
Posted at 08:11h
in
News
by KMFSLLP
Macquarie Group's
banking unit sold A$750 million ($492.30 million) worth of new
subordinated bonds at 2.90% over benchmark rates on Thursday, a
tighter margin that previously offered, according to one of the
banks managing the deal.