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News

02 Mar UK’s virus strategy hopes for best and prepares for worst

Posted at 19:43h in News by KMFSLLP 0 Comments

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Johnson assumes role of reassurer-in-chief as government launches battle plan

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02 Mar One in five UK workers could be off during coronavirus peak

Posted at 19:28h in News by KMFSLLP 0 Comments

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Boris Johnson unveils government’s plan for dealing with Covid-19 outbreak

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02 Mar UPDATE 2-U.S. Supreme Court leans toward SEC’s power to recover ill-gotten gains

Posted at 19:23h in News by KMFSLLP 0 Comments

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U.S. Supreme Court justices on Tuesday appeared inclined to back the Securities and Exchange Commission's power to use federal courts to force defendants to surrender profits obtained through fraud as part of enforcement of investor-protection laws.

02 Mar UPDATE 2-Robinhood restores app services after suffering outage again

Posted at 19:15h in News by KMFSLLP 0 Comments

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Fintech startup Robinhood Markets Inc said on Tuesday its free stock trading app is up and running again after a second straight day of outages.

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02 Mar Group forecasts international travel to U.S. will fall 6% in next three months

Posted at 19:12h in News by KMFSLLP 0 Comments

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International travel to the United States will fall 6% over the next three months amid growing concerns about the coronavirus outbreak, the U.S. Travel Association forecast Tuesday.

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02 Mar UPDATE 2-Coronavirus forces IMF, World Bank switch to virtual Spring Meetings

Posted at 19:02h in News by KMFSLLP 0 Comments

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The International Monetary Fund and the World Bank, citing growing concerns about the fast-spreading coronavirus, on Tuesday said they will adopt a "virtual format" for their Spring Meetings instead of convening in person in Washington.

02 Mar Fed rate cut soothes, then spooks virus-weary investors

Posted at 19:00h in News by KMFSLLP 0 Comments

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Investors had mixed reactions to Tuesday’s surprise 50 basis-point rate cut from the Federal Reserve, helping fuel a day of swings in stocks and other assets.

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02 Mar UPDATE 1-Gulf’s two largest economies follow Fed rate cuts on coronavirus concerns

Posted at 18:47h in News by KMFSLLP 0 Comments

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Saudi Arabia and the United Arab Emirates, the Gulf's two largest economies, cut key interest rates by 50 basis points on Tuesday, tracking an emergency move taken by the U.S. Federal Reserve to soften the impact of the coronavirus outbreak.

02 Mar UPDATE 4-U.S. Supreme Court conservatives question consumer agency structure

Posted at 18:46h in News by KMFSLLP 0 Comments

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* Trump, Republicans have sought to undermine agency (Adds Chief Justice Roberts quotes)

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02 Mar UPDATE 1-Fidelity 2019 profit rose 10% on strong flows into index and money-market funds

Posted at 18:25h in News by KMFSLLP 0 Comments

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Fidelity Investments said on Tuesday operating profit in 2019 climbed 10% to $6.9 billion as investors pushed their cash into money-market and passively managed products while pulling billions of dollars from actively managed stock funds.

News

02 Mar UK’s virus strategy hopes for best and prepares for worst

02 Mar One in five UK workers could be off during coronavirus peak

02 Mar UPDATE 2-U.S. Supreme Court leans toward SEC’s power to recover ill-gotten gains

02 Mar UPDATE 2-Robinhood restores app services after suffering outage again

02 Mar Group forecasts international travel to U.S. will fall 6% in next three months

02 Mar UPDATE 2-Coronavirus forces IMF, World Bank switch to virtual Spring Meetings

02 Mar Fed rate cut soothes, then spooks virus-weary investors

02 Mar UPDATE 1-Gulf’s two largest economies follow Fed rate cuts on coronavirus concerns

02 Mar UPDATE 4-U.S. Supreme Court conservatives question consumer agency structure

02 Mar UPDATE 1-Fidelity 2019 profit rose 10% on strong flows into index and money-market funds

KM Financial Solutions LLP

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