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News

16 Jan China cbank curbs rates on structured deposits to coax banks to lower lending rates-sources

Posted at 09:03h in News by KMFSLLP 0 Comments

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China's central bank has moved to curb interest rates on high-yield structured deposits, three sources familiar with matter told Reuters, as regulators seek to guide the country's borrowing costs lower by reducing banks' funding costs.

16 Jan Chinese property firm Country Garden plans mass production of construction robots

Posted at 08:57h in News by KMFSLLP 0 Comments

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China's largest property developer by sales Country Garden is planning to start mass production of construction robots next year to cut costs and raise efficiency, it said on Friday.

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16 Jan UPDATE 2-Japan’s MUFG replaces CEO after one year, digital chief to take helm

Posted at 08:52h in News by KMFSLLP 0 Comments

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Mitsubishi UFJ Financial Group Inc (MUFG), Japan's biggest lender, said on Friday it was replacing its CEO after one year and Hironori Kamezawa, who oversees its digital strategy, would be taking the reins.

16 Jan Hong Kong stocks log 7th weekly gain on China data, trade deal

Posted at 08:26h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used 5.2%, Shanghai->HK daily quota used 1.6%

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16 Jan European shares at record high as U.S.-EU trade tensions ease

Posted at 08:12h in News by KMFSLLP 0 Comments

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European shares touched a record high on Friday after EU Trade Commissioner Phil Hogan struck a positive tone on talks with Washington, soothing some concerns over a possible escalation in trade tensions between the cross-Atlantic allies.

16 Jan UPDATE 1-Online gambling to boost GVC’s profit as tougher rules loom

Posted at 08:02h in News by KMFSLLP 0 Comments

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Ladbrokes-owner GVC said on Friday annual core earnings would be at the top end of its forecast, as stronger demand for online gambling buffers a hit from a bruising regulatory clampdown on slot machines in Britain.

16 Jan UPDATE 1-Data firm Experian revenue rises on strong B2B market

Posted at 07:59h in News by KMFSLLP 0 Comments

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Experian, the world's largest credit data company, on Friday posted a 7% rise in third-quarter organic revenue, driven by increasing popularity of its analytics products for businesses.

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16 Jan Green Investment Bank agrees power supply deal with Eramet Norway

Posted at 07:37h in News by KMFSLLP 0 Comments

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Macquarie's Green Investment Bank said it has entered into two long-term power purchase agreements with Eramet Norway to supply power to its Norwegian smelters from two wind farms.

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16 Jan China stocks snap 6-week winning streak after expected trade deal

Posted at 07:35h in News by KMFSLLP 0 Comments

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China stocks inched higher on Friday amid more signs of resilience in the world's second-largest economy, though they posted modest weekly losses as trader pocketed gains following a rally underpinned by optimism around a Sino-U.S. trade deal.

16 Jan Flybe in talks with govt about loan -BBC

Posted at 07:27h in News by KMFSLLP 0 Comments

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Struggling British regional airline Flybe is in talks with the government about a loan on commercial terms which would not represent a bailout, reported the BBC.

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News

16 Jan China cbank curbs rates on structured deposits to coax banks to lower lending rates-sources

16 Jan Chinese property firm Country Garden plans mass production of construction robots

16 Jan UPDATE 2-Japan’s MUFG replaces CEO after one year, digital chief to take helm

16 Jan Hong Kong stocks log 7th weekly gain on China data, trade deal

16 Jan European shares at record high as U.S.-EU trade tensions ease

16 Jan UPDATE 1-Online gambling to boost GVC’s profit as tougher rules loom

16 Jan UPDATE 1-Data firm Experian revenue rises on strong B2B market

16 Jan Green Investment Bank agrees power supply deal with Eramet Norway

16 Jan China stocks snap 6-week winning streak after expected trade deal

16 Jan Flybe in talks with govt about loan -BBC

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