Posted at 08:45h
* London shares fall 5% after earlier Hong Kong gains
(Adds management comment, updates share price)
Posted at 08:44h
Hong Kong stocks
reversed earlier losses to end higher on Thursday, after Beijing
indicated more support to bolster its economy pressured by the
** At the close of trade, the Hang Seng index was up
82.13 points or 0.31% at 26,778.62. The Hang Seng China
Enterprises index rose 0.87%...
Posted at 08:25h
Lebanon intends to ask for a
seven-day grace period for a $1.2 billion Eurobond that matures
on March 9, as it is entitled to, in order to give financial
advisers more time to draft a restructuring plan, a government
source said on Thursday.
Posted at 08:23h
NMC Health said on Thursday
trading in its shares on the London bourse has been suspended, a
day after the UAE healthcare firm removed its top boss and
granted its finance chief an extended sick leave as details of
an investigation into the company emerged.
Abu-Dhabi based NMC's shares have...
Posted at 06:04h
The coronavirus epidemic has
prompted Australian firms to cut over $500 million from profit
forecasts in the current financial year, a Reuters analysis
showed, as a stock sell-off sparked by the outbreak wipes
billions of dollars from company valuations.
Posted at 06:02h
booked a robust 46% jump in annual profit but warned a
key earnings target would take longer to meet as the coronavirus
epidemic adds to headwinds in its main markets of China and Hong
Posted at 06:02h
Pakistan's banking system
faces a credit risk from the country's continued inclusion on an
international "grey list" of nations falling short of global
money laundering rules, rating agency Moody's said on Thursday.
Posted at 05:55h
A surge in small-cap
Chinese stocks, fueled by government stimulus measures to
support the virus-hit economy, is triggering fears of a repeat
of the boom that preceded the 2015 market crash.
Posted at 05:54h
* Flags delay to 10% profitability goal as headwinds grow
(Recasts and adds CEO comments, share reaction)
Posted at 05:53h
enterprises minister said on Wednesday the government is looking
at state-controlled Bank Rakyat Indonesia (BRI) working with two
state financial firms by June to tap synergies and avoid