Posted at 06:57h
in
News
by KMFSLLP
Kenya's Nation Media Group
said its pretax profit fell 24% in the first half of
this year, hurt by slowing turnover due to falling advertising
revenue.

...
Posted at 06:57h
in
News
by KMFSLLP
British tour operator Thomas Cook
Group said on Wednesday it had reached substantial
agreement on the key commercial terms of a rescue package with
investor Fosun Tourism, its banks and a majority of its
bondholders.
Posted at 06:44h
in
News
by KMFSLLP
Australian shares ended higher on
Wednesday, with investors favouring mining stocks over their
banking counterparts as a deepening U.S. debt yield curve
inversion raised concerns over margin pressure for lenders.

...
Posted at 06:22h
in
News
by KMFSLLP
Thomas Cook Group said on
Wednesday it had agreed the key commercial terms of a rescue
package with investor Fosun Tourism, its banks and a majority of
its bondholders.

...
Posted at 06:00h
in
News
by KMFSLLP
* People left money by dead customers to claim through
courts

...
Posted at 05:52h
in
News
by KMFSLLP
* Raising surprising given excess capital -Goldman Sachs
(Adds UBS analyst comments, renewable portfolio)

...
Posted at 05:27h
in
News
by KMFSLLP
Deteriorating Sino-U.S.
trade ties and interest rate reforms are fueling speculation
China will start cutting key rates from next month, but bankers
expect borrowing costs to come down only gradually, offering
limited support for the slowing economy.
Posted at 05:20h
in
News
by KMFSLLP
China plans to issue its own
crytocurrency as early as Nov. 11, the country's busiest
shopping day for online sales, U.S. financial magazine Forbes
said, citing two sources familiar with the matter.

...
Posted at 05:15h
in
News
by KMFSLLP
* HSBC is only large bank in Hong Kong to unveil such
measures
recently

...
Posted at 05:08h
in
News
by KMFSLLP
Australia's A$162.6 billion
($109.8 billion) sovereign wealth fund on Wednesday said it more
than doubled its target return for the year, as it boosted
investments in emerging markets.

...