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20 Aug China stocks dither ahead of central bank signals

Posted at 07:37h in News by KMFSLLP 0 Comments

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Chinese stocks were largely unchanged on Wednesday as the market awaits clues from policymakers at home and abroad this week on further support to shore up growth amid a protracted trade war between the world's two largest economies.

20 Aug Goldman moves to take majority control of China joint venture

Posted at 07:36h in News by KMFSLLP 0 Comments

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Goldman Sachs has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead of Chinese plans to eventually allow foreigners full control.

20 Aug DNB failed to comply with anti-money laundering rules -FSA

Posted at 07:36h in News by KMFSLLP 0 Comments

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Norway's Financial Supervisory Authority (FSA) found significant shortcomings in DNB's compliance with anti-money laundering regulations during a late-2018 inspection, the bank regulator said in a report released on Wednesday.

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20 Aug UPDATE 1-Italy president begins talks to seek way out of government crisis

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

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Italian President Sergio Mattarella begins two days of talks with parties on Wednesday to seek a way out of a political crisis that will lead to the formation of the country's 67th government since World War Two or to early elections.

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20 Aug Fiat-Renault deal hopes lift European shares

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

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European shares rebounded from the previous session's sharp falls on Wednesday, with brokers pointing to an Italian report on continuing merger talks between Fiat Chrysler Automobiles and Renault SA as pushing car industry shares higher.

20 Aug Citigroup, BNP caught up in U.S. case against Huawei CFO – documents

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

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U.S.-based Citigroup and French bank BNP Paribas are caught up in the U.S. criminal case against the chief financial officer of China's Huawei Technologies, according to newly available documents.

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20 Aug Australia shares end lower as global growth fears hit Asia markets

Posted at 07:06h in News by KMFSLLP 0 Comments

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Australian shares declined on Wednesday as a two-day winning streak gave way to renewed worries about the global economy, with miners and retailers dragging down the broader market.

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20 Aug UPDATE 1-Lenders OneSavings, Charter Court post loan book growth even as Brexit looms

Posted at 07:05h in News by KMFSLLP 0 Comments

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Merging lenders OneSavings and Charter Court Financial reported bigger loan books for the first half, but warned of the impact on housing and credit from Britain's fast approaching exit from the European Union.

20 Aug JGB yields drop across curve as recession fears resurface

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

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Japanese government bond yields declined across the curve on Wednesday, along with U.S. Treasuries, after concerns about Italy's government and Britain's tumultuous exit from the European Union fuelled demand for safe-haven assets.

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20 Aug UPDATE 1-Inchcape names former Unilever executive as finance chief

Posted at 06:51h in News by KMFSLLP 0 Comments

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Car dealership chain Inchcape Plc on Wednesday named Unilever veteran and former finance chief of Dutch car leasing company LeasePlan Corporation NV Gijsbert de Zoeten as chief financial officer in place of Richard Howes.

News

20 Aug China stocks dither ahead of central bank signals

20 Aug Goldman moves to take majority control of China joint venture

20 Aug DNB failed to comply with anti-money laundering rules -FSA

20 Aug UPDATE 1-Italy president begins talks to seek way out of government crisis

20 Aug Fiat-Renault deal hopes lift European shares

20 Aug Citigroup, BNP caught up in U.S. case against Huawei CFO – documents

20 Aug Australia shares end lower as global growth fears hit Asia markets

20 Aug UPDATE 1-Lenders OneSavings, Charter Court post loan book growth even as Brexit looms

20 Aug JGB yields drop across curve as recession fears resurface

20 Aug UPDATE 1-Inchcape names former Unilever executive as finance chief

KM Financial Solutions LLP

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