Posted at 12:30h
in
News
by KMFSLLP
The International Monetary
Fund heightened its warnings for the corporate debt market on
Wednesday, as investors search for richer returns in riskier
assets after recent interest rate cuts by central banks.
...
Posted at 12:24h
in
News
by KMFSLLP
Turkey's Halkbank said on
Wednesday that U.S. charges against it amount to an escalation
of Washington's sanctions on Ankara over its military incursion
in Syria, while President Tayyip Erdogan called them an
"unlawful, ugly" step.
Posted at 12:21h
in
News
by KMFSLLP
Tanzania has been ordered
by a World Bank arbitration court to pay $185 million to the
Hong Kong subsidiary of Standard Chartered for breaching an
energy contract.
...
Posted at 12:13h
in
News
by KMFSLLP
Bank of America Corp beat Wall
Street estimates for quarterly profit as it earned more in
advisory fees and grew its loan book, easing concerns that lower
interest rates would crimp growth at the second-largest U.S.
bank.
Posted at 11:54h
in
News
by KMFSLLP
U.S. stock index futures dipped on
Wednesday as a new U.S. bill taking a hard line on China stoked
fresh concerns about a prolonged trade war, but more positive
results from the banking sector provided some relief and
signaled a solid start to the third-quarter earnings season.
Posted at 11:53h
in
News
by KMFSLLP
More than 500,000 euros of
funds granted by the European Parliament to two pan-European
political groups were misused by their members, the European
Commission's anti-fraud watchdog said on Wednesday.
...
Posted at 11:47h
in
News
by KMFSLLP
* Suspension of legislature stops extradition bill
withdrawal
...
Posted at 11:44h
in
News
by KMFSLLP
In Mexico's burgeoning
startup scene, publicity is the last thing many entrepreneurs
want.
...
Posted at 11:34h
in
News
by KMFSLLP
Berkeley Group Plc on Wednesday
said its Chairman and co-founder Anthony Pidgley had sold stock
worth 42 million pounds ($53.57 million) in the open market, but
he still remains the British housebuilder's largest individual
shareholder.
Posted at 11:33h
in
News
by KMFSLLP
Bank of New York Mellon Corp
reported a better-than-expected quarterly profit on Wednesday,
as the world's largest custodian bank cut costs to counter
weakness in its investment management business and lower
interest rates.
...