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News

29 Apr Japan’s parliament to pass $241 bln extra budget to combat pandemic fallout

Posted at 01:14h in News by KMFSLLP 0 Comments

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* Stimulus includes cash payouts, loans to cash-strapped firms

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29 Apr China’s service sector activity expands at a faster pace in April – official PMI

Posted at 01:09h in News by KMFSLLP 0 Comments

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China's services activity expanded at a faster pace in April, but business is expected to take some time to fully recover due to the lingering impact from the coronavirus crisis at home and globally.

29 Apr Upbeat virus treatment view, oil jump lift Australian shares

Posted at 01:01h in News by KMFSLLP 0 Comments

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Australian shares gained on Thursday as risk appetite improved after encouraging trial results of an experimental COVID-19 treatment, a rally in crude oil prices and assurances of support from the U.S. Federal Reserve to help the battered economy.

29 Apr UPDATE 2-SoftBank sees $8.4 bln net loss on WeWork writedown

Posted at 01:00h in News by KMFSLLP 0 Comments

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* SoftBank has poured more than $13.5 bln into WeWork (Adds share price, debt levels)

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29 Apr RPT-COLUMN-China’s metals imports reflect growing supply disruption: Andy Home

Posted at 01:00h in News by KMFSLLP 0 Comments

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China may be on the road to COVID-19 recovery but its giant industrial metals industry faces the new challenge of maintaining global supply chains of raw materials.

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29 Apr UPDATE 2-DBS Q1 profit slumps to 2-1/2-yr low on virus loan loss provisions

Posted at 00:56h in News by KMFSLLP 0 Comments

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DBS Group Holdings set aside hefty provisions to cover the impact of the coronavirus pandemic as it reported a 29% drop in first-quarter profit but retained its quarterly dividend.

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29 Apr Yemen reports first two deaths from coronavirus

Posted at 00:55h in News by KMFSLLP 0 Comments

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Yemen has reported its first two deaths from the novel coronavirus, its health minister told Yemen TV lae on Wednesday.

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29 Apr UPDATE 1-Fed support fuels corporate debt spree in April

Posted at 00:37h in News by KMFSLLP 0 Comments

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Issuance of investment-grade corporate debt in April so far has hit $203.4 billion, slightly below March's record, buoyed by the Federal Reserve's unprecedented intervention into credit markets to blunt the economic effects of the coronavirus pandemic.

29 Apr UPDATE 2-ANZ defers interim dividend decision, first-half profit slumps 60%

Posted at 00:29h in News by KMFSLLP 0 Comments

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* Loan loss charges surged A$1.7 billion, 0.53% of gross loans (Recasts, adds analysts comments, shares)

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28 Apr Peru’s leader says to propose comprehensive pension reform

Posted at 23:45h in News by KMFSLLP 0 Comments

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Peruvian President Martin Vizcarra on Wednesday rejected a bill approved by Congress earlier this month that would have let people withdraw up to 25% of their holdings in private pension funds and vowed to send a full pension reform plan to lawmakers.

News

29 Apr Japan’s parliament to pass $241 bln extra budget to combat pandemic fallout

29 Apr China’s service sector activity expands at a faster pace in April – official PMI

29 Apr Upbeat virus treatment view, oil jump lift Australian shares

29 Apr UPDATE 2-SoftBank sees $8.4 bln net loss on WeWork writedown

29 Apr RPT-COLUMN-China’s metals imports reflect growing supply disruption: Andy Home

29 Apr UPDATE 2-DBS Q1 profit slumps to 2-1/2-yr low on virus loan loss provisions

29 Apr Yemen reports first two deaths from coronavirus

29 Apr UPDATE 1-Fed support fuels corporate debt spree in April

29 Apr UPDATE 2-ANZ defers interim dividend decision, first-half profit slumps 60%

28 Apr Peru’s leader says to propose comprehensive pension reform

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