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News

25 Nov China stocks extend losses as risk aversion deepens

Posted at 08:06h in News by KMFSLLP 0 Comments

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* Trade risks and economic weaknesses dampen investor appetite

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25 Nov UPDATE 1-Alps Electric shares jump after Elliott backs deal sweetener

Posted at 08:02h in News by KMFSLLP 0 Comments

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Alps Electric Co stock jumped 8 percent on Monday after the firm promised a share buyback of about 40 billion yen ($353 million) to win support for an acquisition - a pledge backed by Elliott Management, a stakeholder in both suitor and target.

25 Nov RPT-Britain’s May faces Brexit moment of truth in parliament

Posted at 08:01h in News by KMFSLLP 0 Comments

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Agreeing a Brexit deal with the European Union may have been the easy part for British Prime Minister Theresa May. Getting it through a divided parliament at home could be an altogether tougher battle.

25 Nov DNO offers to buy Faroe Petroleum for $780 mln in cash

Posted at 07:28h in News by KMFSLLP 0 Comments

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Norway's DNO has offered to buy Faroe Petroleum for 152 pence per share in cash, valuing the London-listed company at 607.9 million pounds ($779.81 million), DNO, which already owns just over 28 percent of Faroe, said on Monday.

25 Nov NAB chairman: will take decade to fix culture in Australia’s financial sector

Posted at 07:20h in News by KMFSLLP 0 Comments

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The chairman of National Australia Bank Ltd said at an inquiry into sector misconduct that it would take a decade to fix the profiteering culture that has shredded the reputation of the lender and the broader financial industry.

25 Nov Some UK ministers seeking EFTA Plan B if May’s deal fails – The Sun

Posted at 07:15h in News by KMFSLLP 0 Comments

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Some senior British ministers and some Labour lawmakers are discussing the possibility of the United Kingdom joining the European Free Trade Association (EFTA) if Theresa May's Brexit deal is rejected by parliament, The Sun newspaper reported.

25 Nov UPDATE 1-Japan’s Daikin to buy Austria’s AHT Cooling for $1 bln

Posted at 06:59h in News by KMFSLLP 0 Comments

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* Daikin shares end up 3.2 pct (Updates with announcement, background on Daikin's global expansion)

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25 Nov Oil, metal woes hurt Australian shares; NZ also down

Posted at 06:32h in News by KMFSLLP 0 Comments

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* NZ benchmark on track for second straight session of losses (Updates to close)

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25 Nov Shanghai launches $1.4 bln “relief” fund to help ease firms’ margin call pressure

Posted at 06:23h in News by KMFSLLP 0 Comments

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Shanghai has launched a 10 billion yuan ($1.44 billion) "relief" fund designed to help ease margin call pressure on cash-strapped private firms, China's supervisor of state assets said on Monday.

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25 Nov Energy shares weigh on Asia markets as oil struggles

Posted at 05:05h in News by KMFSLLP 0 Comments

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Investors looking ahead to US-China trade meeting later in week

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News

25 Nov China stocks extend losses as risk aversion deepens

25 Nov UPDATE 1-Alps Electric shares jump after Elliott backs deal sweetener

25 Nov RPT-Britain’s May faces Brexit moment of truth in parliament

25 Nov DNO offers to buy Faroe Petroleum for $780 mln in cash

25 Nov NAB chairman: will take decade to fix culture in Australia’s financial sector

25 Nov Some UK ministers seeking EFTA Plan B if May’s deal fails – The Sun

25 Nov UPDATE 1-Japan’s Daikin to buy Austria’s AHT Cooling for $1 bln

25 Nov Oil, metal woes hurt Australian shares; NZ also down

25 Nov Shanghai launches $1.4 bln “relief” fund to help ease firms’ margin call pressure

25 Nov Energy shares weigh on Asia markets as oil struggles

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