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News

18 Dec UPDATE 2-EU takes step to boost monitoring of money laundering at banks

Posted at 16:42h in News by KMFSLLP 0 Comments

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* Reform does not address key loopholes in EU rules (adds details, context)

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18 Dec UPDATE 1-EU says bulk of UK financial sector would be cut off by no-deal Brexit

Posted at 16:32h in News by KMFSLLP 0 Comments

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Most banking, insurance and other financial firms in Britain would be cut off from the European Union if there is a no-deal Brexit, the bloc's executive body said on Wednesday.

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18 Dec Emerging market debt trading fell 7 pct in third quarter -EMTA

Posted at 16:23h in News by KMFSLLP 0 Comments

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Turnover in emerging market debt fell more than 7 percent in the third quarter of 2018 compared with the same period a year earlier, a report released on Wednesday showed.

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18 Dec Labour MP Onasanya found guilty of lying about speeding charge

Posted at 16:20h in News by KMFSLLP 0 Comments

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18 Dec UPDATE 1-India police arrest PNB officials from Mumbai branch in separate fraud case

Posted at 16:07h in News by KMFSLLP 0 Comments

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India's federal police said on Wednesday eight employees of state-run Punjab National Bank and two directors of a Mumbai-based private firm had been arrested in a $1.4 million fraud case.

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18 Dec Uber loses key Court of Appeal hearing on worker rights

Posted at 16:00h in News by KMFSLLP 0 Comments

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Ride-hailing group says it will take case to Supreme Court

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18 Dec WRAPUP 1-U.S. existing home sales rise; trend weak

Posted at 15:37h in News by KMFSLLP 0 Comments

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U.S. home sales unexpectedly rose in November, but recorded their biggest annual decline in 7-1/2 years, adding to other data that have painted a grim picture of the housing market.

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18 Dec UPDATE 2-China central bank unveils targeted tool to spur lending to small firms

Posted at 15:25h in News by KMFSLLP 0 Comments

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China's central bank on Wednesday rolled out a targeted policy tool to spur lending to small and private firms, in the latest step to support the slowing economy amid a trade dispute with the United States.

18 Dec UPDATE 1-CVC exploring options for Asian funeral provider Nirvana – source

Posted at 15:20h in News by KMFSLLP 0 Comments

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Private equity firm CVC Capital Partners is exploring options for Asia's largest funeral services provider Nirvana Asia Ltd, including a possible sale, and a deal could be worth more than $1.8 billion, a source familiar with the matter told Reuters.

18 Dec European retail storm casts a shadow over U.S. holiday shopping

Posted at 15:14h in News by KMFSLLP 0 Comments

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* Falling gasoline price to free up $3 bln for U.S. retail spending -analyst

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News

18 Dec UPDATE 2-EU takes step to boost monitoring of money laundering at banks

18 Dec UPDATE 1-EU says bulk of UK financial sector would be cut off by no-deal Brexit

18 Dec Emerging market debt trading fell 7 pct in third quarter -EMTA

18 Dec Labour MP Onasanya found guilty of lying about speeding charge

18 Dec UPDATE 1-India police arrest PNB officials from Mumbai branch in separate fraud case

18 Dec Uber loses key Court of Appeal hearing on worker rights

18 Dec WRAPUP 1-U.S. existing home sales rise; trend weak

18 Dec UPDATE 2-China central bank unveils targeted tool to spur lending to small firms

18 Dec UPDATE 1-CVC exploring options for Asian funeral provider Nirvana – source

18 Dec European retail storm casts a shadow over U.S. holiday shopping

KM Financial Solutions LLP

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