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11 Jun UPDATE 1-Japan’s $94 billion reserve to combat pandemic sparks ire as PM Abe’s ‘pocket money’

Posted at 06:25h in News by KMFSLLP 0 Comments

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* Record extra budget passes parliament, stimulus takes effect (Adds budget passage, Aso quote; paragraphs 6, 17-18)

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11 Jun Spike in China bond yields points to shift in stimulus strategy

Posted at 06:19h in News by KMFSLLP 0 Comments

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A spike in Chinese bond yields in an economy battered by the coronavirus pandemic is stirring expectations authorities want to stifle risky financial bets and guide cheap funding provided by banks into the real economy.

11 Jun Britain’s Sunak says COVID-19 lifelines will help economy to recover

Posted at 06:17h in News by KMFSLLP 0 Comments

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The coronavirus pandemic has had a severe impact on Britain's economy but the steps the government has taken, including supporting salaries, grants and tax cuts will help it to recover, finance minister Rishi Sunak said on Friday.

11 Jun HK property enquiries up in street retail sector on stability hopes

Posted at 06:07h in News by KMFSLLP 0 Comments

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Hong Kong's street-level shops are seeing a surge of bargain buying and leasing interest in a sign that some believe the worst may be over for the protest-hit city, although as yet the enquiries had not sparked an increase in deals.

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11 Jun Johnson and Brussels plan a Brexit summer

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British prime minister will hold talks with EU institutional leaders on Monday

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11 Jun COLUMN-Japan’s yen could offer a win-win for nervy investors: Mike Dolan

Posted at 06:00h in News by KMFSLLP 0 Comments

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With no truly safe bets during a wild year for financial markets, there's now a hunt to cover all eventualities and Japan's yen could offer a peculiar twin role.

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11 Jun Denmark proposes $1.5 bln fund for firms struggling with corona crisis -Borsen

Posted at 05:51h in News by KMFSLLP 0 Comments

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Denmark proposes to create a fund for the state, possibly together with private investors, to inject 10 billion Danish crowns ($1.52 billion) into large companies struggling during the coronavirus crisis, newspaper Borsen said.

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11 Jun OCBC’s private banking unit targets bigger slice of booming family offices business

Posted at 05:41h in News by KMFSLLP 0 Comments

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Bank of Singapore, the private banking arm of lender OCBC, plans to grab a bigger share of the fast-growing family office business by expanding its investment products and targeting clients outside the region, its CEO said.

11 Jun China stocks cut losses on capital market reform hopes

Posted at 05:09h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used 1%, Shanghai->HK daily quota used 2.3%

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11 Jun Local electronics firm PCI to make Singapore’s virus-tracing device

Posted at 04:22h in News by KMFSLLP 0 Comments

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Singapore-based electronics maker PCI has won a bid to supply 300,000 dongles for a government project that could eventually see everyone in the city-state given the wearable device to help identify people who have interacted with COVID-19 carriers.

News

11 Jun UPDATE 1-Japan’s $94 billion reserve to combat pandemic sparks ire as PM Abe’s ‘pocket money’

11 Jun Spike in China bond yields points to shift in stimulus strategy

11 Jun Britain’s Sunak says COVID-19 lifelines will help economy to recover

11 Jun HK property enquiries up in street retail sector on stability hopes

11 Jun Johnson and Brussels plan a Brexit summer

11 Jun COLUMN-Japan’s yen could offer a win-win for nervy investors: Mike Dolan

11 Jun Denmark proposes $1.5 bln fund for firms struggling with corona crisis -Borsen

11 Jun OCBC’s private banking unit targets bigger slice of booming family offices business

11 Jun China stocks cut losses on capital market reform hopes

11 Jun Local electronics firm PCI to make Singapore’s virus-tracing device

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