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29 Mar WRAPUP 2-China’s big banks flag asset pressure due to virus, boding ill for smaller kin

Posted at 12:59h in News by KMFSLLP 0 Comments

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* Smaller lenders likely to suffer (Adds details from CCB presser, AgBank)

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29 Mar UPDATE 1-Oil crash compounds coronavirus hit for cash-strapped OPEC states

Posted at 12:53h in News by KMFSLLP 0 Comments

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* Delayed spend may cost 200,000 bpd of African output -Rystad

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29 Mar UPDATE 1-German inflation slows below ECB target in March on cheaper oil

Posted at 12:46h in News by KMFSLLP 0 Comments

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German annual inflation slowed sharply in March to well below the European Central Bank's target, data showed on Monday, giving the ECB additional leeway to deploy stimulus policy to counter the economic fallout from the coronavirus crisis.

29 Mar Germany expands export loan guarantees in response to coronavirus

Posted at 12:39h in News by KMFSLLP 0 Comments

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Germany said on Monday it was expanding export loan guarantees on short-term payments to include transactions within the EU and with Australia, Canada, Iceland, Japan, New Zealand, Norway, Switzerland, Britain and the United States.

29 Mar German inflation slows well below ECB target in March

Posted at 12:14h in News by KMFSLLP 0 Comments

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29 Mar GLOBAL MARKETS-Oil plunges to 2002 lows, shares sink again

Posted at 12:10h in News by KMFSLLP 0 Comments

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Oil took another stomach-churning 8% dive on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months.

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29 Mar COLUMN-Hedge funds trim short oil positions as prices hit crisis point: Kemp

Posted at 12:09h in News by KMFSLLP 0 Comments

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Hedge funds began trimming short positions in petroleum last week as crude oil prices fell to crisis levels for some producers and refiners and traders started to anticipate shutdowns at oilfields and refineries.

29 Mar UPDATE 1-S.Africa’s big banks: Up to 20% of borrowers may not qualify for coronavirus relief

Posted at 12:09h in News by KMFSLLP 0 Comments

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* Virus relief measures definitely cover some 80% of borrowers

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29 Mar UK, EU holding informal talks on future relationship – PM’s spokesman

Posted at 12:08h in News by KMFSLLP 0 Comments

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British and EU officials are holding informal talks on the future relationship, a spokesman for Prime Minister Boris Johnson said on Monday, repeating that Britain is still working towards the end of this year to end a transition period

29 Mar Even Covid-19 cannot damp partisanship

Posted at 11:23h in News by KMFSLLP 0 Comments

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As the human and economic damage mounts, old political divides are likely to re-emerge

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News

29 Mar WRAPUP 2-China’s big banks flag asset pressure due to virus, boding ill for smaller kin

29 Mar UPDATE 1-Oil crash compounds coronavirus hit for cash-strapped OPEC states

29 Mar UPDATE 1-German inflation slows below ECB target in March on cheaper oil

29 Mar Germany expands export loan guarantees in response to coronavirus

29 Mar German inflation slows well below ECB target in March

29 Mar GLOBAL MARKETS-Oil plunges to 2002 lows, shares sink again

29 Mar COLUMN-Hedge funds trim short oil positions as prices hit crisis point: Kemp

29 Mar UPDATE 1-S.Africa’s big banks: Up to 20% of borrowers may not qualify for coronavirus relief

29 Mar UK, EU holding informal talks on future relationship – PM’s spokesman

29 Mar Even Covid-19 cannot damp partisanship

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