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News

03 Jul China stocks end lower as consumer shares drag

Posted at 07:35h in News by KMFSLLP 0 Comments

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China stocks closed lower on Thursday weighed down by a slump in top consumer shares, even as investors awaited developments around Sino-U.S. trade talks.

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03 Jul China’s H1 new yuan loans at more than 9 trln yuan – regulator

Posted at 07:29h in News by KMFSLLP 0 Comments

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China's banks extended more than 9 trillion yuan ($1.31 trillion) in new local-currency loans in the first half, the country's banking and insurance regulator said on Thursday.

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03 Jul European shares higher on hopes of rate cut, trade optimism

Posted at 07:27h in News by KMFSLLP 0 Comments

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European shares advanced for the sixth straight session on Thursday, as investors took heart from signs that the U.S.-China trade talks are back on track, with expectations of interest rate cuts by central banks lifting the sentiment.

03 Jul UK water regulator reports ‘substantial concerns’ over cost proposals

Posted at 07:13h in News by KMFSLLP 0 Comments

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Ofwat warns four private companies that their prices too high

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03 Jul Deloitte fined £6.5m over Serco audit misconduct

Posted at 06:57h in News by KMFSLLP 0 Comments

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Sanction comes after outsourcer reached settlement with SFO over electronic tagging scandal

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03 Jul UPDATE 1-India projects 2019/20 GDP growth to rise to 7 pct

Posted at 06:50h in News by KMFSLLP 0 Comments

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* Govt report says credit growth, consumption to push up growth

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03 Jul China’s state insurance fund to take over Baoshang NCDs from July 8 – sources

Posted at 06:43h in News by KMFSLLP 0 Comments

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China's state-backed deposit insurance fund will start taking over Baoshang Bank's interbank debts from July 8, three sources familiar with the matter told Reuters, as regulators work to calm market jitters after taking control of the lender in May.

03 Jul Australian shares end at over 11-yr peak on rate-cut hopes, NZ at record high

Posted at 06:42h in News by KMFSLLP 0 Comments

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* NZ inches up to third straight record close (Updates to close)

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03 Jul Housebuilder Persimmon reports lower revenue amid business revamp

Posted at 06:09h in News by KMFSLLP 0 Comments

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Britain's second-largest housebuilder Persimmon reported lower first-half revenue on Thursday after its greater focus on quality and improving customer service slowed down order intake.