Posted at 10:44h
in
News
by KMFSLLP
Saudi Aramco has received orders
worth 144.1 billion riyals ($38.4 billion) for the institutional
tranche of its planned initial public offering (IPO), its
financial advisers said in a joint statement on Monday.
...
Posted at 10:19h
in
News
by KMFSLLP
* PMI, trade data shows mixed picture
(Adds Finance Minister and analysts' comments, PMI, trade data)
...
Posted at 10:18h
in
News
by KMFSLLP
Italy is still in
discussions with the European Commission on a plan to further
rid Monte dei Paschi of problem loans, the CEO of the
state-owned bank said on Monday after a daily at the weekend
reported that negotiations had fallen through.
Posted at 10:14h
in
News
by KMFSLLP
* Talks on other gas routes to China from Russia continue
(Adds details, quotes, background)
...
Posted at 10:09h
in
News
by KMFSLLP
Saudi Arabia's Tadawul has
introduced an equity index cap of 15% which is set to
address concerns over the weighting oil giant Saudi Aramco will
have when it lists on the exchange.
...
Posted at 10:07h
in
News
by KMFSLLP
Number crunchers at JPMorgan have
predicted global borrowing costs are likely to rise next year
due to a deterioration of around $465 billion in the worldwide
bond supply and demand balance.
...
Posted at 10:00h
in
News
by KMFSLLP
Allianz is lowering
the payouts on life insurance policies, paying tribute to low
and negative central bank interest rates, the German insurer
said on Monday.
...
Posted at 10:00h
in
News
by KMFSLLP
Austria's property market is at
risk of overheating, and the country's central bank is watching
in case measures to cool it are needed, though it is not taking
action for the time being, the Austrian National Bank (ONB) said
on Monday.
...
Posted at 09:55h
in
News
by KMFSLLP
Nomura named operating chief
Kentaro Okuda as its new chief executive on Monday, replacing
Koji Nagai who will become chairman of Japan's biggest brokerage
and investment bank.
...
Posted at 09:53h
in
News
by KMFSLLP
The key condition for Italy to
approve a euro zone reform of its bailout fund is that banks'
holdings of sovereign debt are not weighted according to the
credit rating of the sovereign, a junior economy minister said
on Monday.