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News

27 Feb Thai Jan exports rise 3.5% y/y, current account surplus narrows – c.bank

Posted at 07:26h in News by KMFSLLP 0 Comments

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Thailand's current account surplus was $3.44 billion in January, down from a surplus of $4.1 billion in the previous month, the central bank said on Friday.

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27 Feb Plus500 says first-quarter upbeat as coronavirus fears drive market action

Posted at 07:25h in News by KMFSLLP 0 Comments

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Online trading platform Plus500 reported on Friday a significant increase in levels of customer trading activity in the recent period, as growing concerns about the economic impact of the coronavirus rattled financial markets.

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27 Feb UPDATE 1-UK house prices rise by most since mid-2018 -Nationwide

Posted at 07:23h in News by KMFSLLP 0 Comments

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British house prices rose in February at their fastest annual pace since July 2018, mortgage lender Nationwide said, adding to signs of a rebound in the housing market and the broader economy since December's election.

27 Feb California regulator proposes record $2.14 bln fine on PG&E over wildfires

Posted at 07:23h in News by KMFSLLP 0 Comments

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California's utilities regulator has proposed an increased $2.14 billion fine on PG&E Corp for its role in causing the devastating 2017 and 2018 wildfires in Northern California.

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27 Feb UPDATE 1-Higher claims hit Munich Re’s quarterly net profit

Posted at 07:22h in News by KMFSLLP 0 Comments

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* Full-year profit misses analysts' estimate (Updates with details, CEO comment, outlook and background)

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27 Feb Rolls-Royce reports $1.1 bln operating loss on Trent 1000

Posted at 07:14h in News by KMFSLLP 0 Comments

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British aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds ($1.11 billion), after the cost of tackling durability problems on its Trent 1000 engine eclipsed record engine deliveries and a good after-market performance.

27 Feb London Stock Exchange on track to close Refinitiv deal as income jumps

Posted at 07:14h in News by KMFSLLP 0 Comments

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Feb 28 - The London Stock Exchange Group said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported higher-than-expected annual income, driven a jump in clearing activity.

27 Feb Australian shares post worst weekly drop since 2008 financial crisis; NZ falls

Posted at 07:11h in News by KMFSLLP 0 Comments

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Australian shares posted their worst weekly drop since the 2008 global financial crisis on Friday as fears of a rapidly spreading coronavirus tipping to a pandemic and spurring a global recession dampened sentiment.