Posted at 08:08h
in
News
by KMFSLLP
South Africa's TymeBank is
considering ditching an expansion into unsecured loans due to
the coronavirus crisis, its owner African Rainbow Capital
Investments (ARC) said on Friday.
...
Posted at 07:51h
in
News
by KMFSLLP
European shares slipped in choppy
trading on Friday after their worst one-day sell-off since late
March as doubts grew over the pace of economic recovery amid
signs of a resurgence in COVID-19 cases.
Posted at 07:36h
in
News
by KMFSLLP
China stocks recouped earlier
losses to end higher on Friday, led by tech, as investors
cheered Beijing's pledge to push forward with capital market
reforms.
...
Posted at 07:35h
in
News
by KMFSLLP
SoftBank Group Corp said
on Friday it spent 61 billion yen ($570 million) buying back its
shares in May, as part of a record 2.5 trillion yen repurchase
programme to support its share price in volatile markets.
Posted at 07:31h
in
News
by KMFSLLP
Italy's insurance regulator IVASS
is expected to rule early next week on the takeover offer by
Intesa Sanpaolo for rival UBI, a source close
to the matter said.
...
Posted at 07:17h
in
News
by KMFSLLP
Coronavirus pandemic leads to huge GDP decline after steep fall in previous month
...
Posted at 07:14h
in
News
by KMFSLLP
* Australia pushes states to reopen internal borders
(Updates to close)
...
Posted at 06:53h
in
News
by KMFSLLP
The Danish government plans
to create a 10 billion Danish crown ($1.52 billion) fund to
support companies hit by the coronavirus crisis, it said on
Friday.
...
Posted at 06:34h
in
News
by KMFSLLP
Japanese shares skidded to
1-1/2-week lows on Friday after Wall Street dived on fears that
a resurgence of COVID-19 infections could stunt the pace of
reopening economies.
...
Posted at 06:25h
in
News
by KMFSLLP
* Record extra budget passes parliament, stimulus takes
effect
(Adds budget passage, Aso quote; paragraphs 6, 17-18)
...