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News

18 Dec UPDATE 1-Buffett profits as venture into Canadian mortgage business ends

Posted at 17:49h in News by KMFSLLP 0 Comments

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Billionaire investor Warren Buffett is getting out of the Canadian mortgage business after a nifty trade that helped a company that had been on the ropes.

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18 Dec Saudi corruption settlements will net “not significantly less” than $13 bln in 2019 -minister

Posted at 17:43h in News by KMFSLLP 0 Comments

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Saudi Arabia's finance minister said on Wednesday that cash settlements from an anti-corruption campaign would net "not significantly less" in 2019 than the 50 billion Saudi riyals ($13.3 billion) collected in 2018.

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18 Dec ECB ditches test used to hire hundreds after answers found online

Posted at 17:42h in News by KMFSLLP 0 Comments

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The European Central Bank said answers to an online test it used since 2014 but had been warned about by staff were available online to job applicants, and admitted some candidates may have cheated.

18 Dec WRAPUP 2-U.S. existing home sales rise; trend weak

Posted at 17:41h 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 as the housing market remained mired in weakness.

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18 Dec UPDATE 2-European shares rise cautiously before Fed meeting

Posted at 17:16h in News by KMFSLLP 0 Comments

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European shares rose cautiously on Wednesday with gains in most sectors lifting the market amid speculation the U.S. Federal Reserve will signal a dovish stance towards monetary policy.

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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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News

18 Dec UPDATE 1-Buffett profits as venture into Canadian mortgage business ends

18 Dec Saudi corruption settlements will net “not significantly less” than $13 bln in 2019 -minister

18 Dec ECB ditches test used to hire hundreds after answers found online

18 Dec WRAPUP 2-U.S. existing home sales rise; trend weak

18 Dec UPDATE 2-European shares rise cautiously before Fed meeting

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

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