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News

03 Oct UPDATE 1-Malaysia’s Petronas sets up $350 mln venture capital fund

Posted at 08:56h in News by KMFSLLP 0 Comments

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Malaysia's state energy firm Petronas said on Friday it had set up a $350 million venture capital arm for industrial and energy investments.

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03 Oct Italy’s RCF aims for valuation of up to 565 mln euros in IPO

Posted at 08:32h in News by KMFSLLP 0 Comments

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Italy's RCF, a professional audio equipment maker, said on Friday it had been given the green light to list its shares on the Milan bourse in an initial public offering that will value the company at up to 565 million euros ($620 million).

03 Oct UPDATE 2-India’s central bank cuts rates to near decade lows to revive growth

Posted at 08:29h in News by KMFSLLP 0 Comments

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The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping up its efforts to kickstart an economy growing at its slowest pace in six years.

03 Oct Britain’s John Lewis withholds service payments to landlords

Posted at 08:23h in News by KMFSLLP 0 Comments

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British department stores group John Lewis has told shopping centre landlords it will withhold 20% of this quarter's service charge as it seeks to cut costs, it said on Friday.

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03 Oct European shares higher on hopes of Fed action, chip stocks gain on Apple report

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

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European shares rose on Friday as investors were hopeful of further monetary easing from the U.S. Federal Reserve in the wake of poor economic data, while chip stocks nudged higher after a report said Apple was increasing production of its new iPhone models.

03 Oct Australian shares close higher but chalk up biggest weekly loss in 11 months

Posted at 06:55h in News by KMFSLLP 0 Comments

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Australian shares closed higher on Friday but registered their biggest losses in 11 months after a series of weak data and a new trade war front that has fanned fears of a global slowdown.

03 Oct Malaysia says no talks with Goldman Sachs on recovering funds lost in 1MDB scandal

Posted at 06:52h in News by KMFSLLP 0 Comments

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Malaysia's finance minister on Friday said there are no talks with Goldman Sachs Group Inc on the recovery of billions of dollars of state funds lost via the U.S. bank's former client 1Malaysia Development Bhd (1MDB), local media reported.

03 Oct Watchdog looks at ban on insurers’ loyalty premiums

Posted at 06:39h in News by KMFSLLP 0 Comments

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Financial Conduct Authority says about 6m policyholders are overcharged £1.2bn a year

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03 Oct Online investment scams: how not to be a victim

Posted at 04:01h in News by KMFSLLP 0 Comments

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Fraudulent get-rich-quick schemes are netting millions for organised crime

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03 Oct Key London boroughs buck trend of slower house sales

Posted at 04:01h in News by KMFSLLP 0 Comments

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Newbuilds bolster figures in Islington and Tower Hamlets

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News

03 Oct UPDATE 1-Malaysia’s Petronas sets up $350 mln venture capital fund

03 Oct Italy’s RCF aims for valuation of up to 565 mln euros in IPO

03 Oct UPDATE 2-India’s central bank cuts rates to near decade lows to revive growth

03 Oct Britain’s John Lewis withholds service payments to landlords

03 Oct European shares higher on hopes of Fed action, chip stocks gain on Apple report

03 Oct Australian shares close higher but chalk up biggest weekly loss in 11 months

03 Oct Malaysia says no talks with Goldman Sachs on recovering funds lost in 1MDB scandal

03 Oct Watchdog looks at ban on insurers’ loyalty premiums

03 Oct Online investment scams: how not to be a victim

03 Oct Key London boroughs buck trend of slower house sales

KM Financial Solutions LLP

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