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News

28 Nov Bank of England says Brexit will make us all poorer

Posted at 04:58h in News by KMFSLLP 0 Comments

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‘We’re all going to get poorer — except the rich’

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28 Nov CORRECTED-Australian banks lick their wounds as misconduct inquiry concludes

Posted at 04:48h in News by KMFSLLP 0 Comments

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An inquiry that has exposed rampant greed and wrongdoing in Australia's major banks and wealth managers wraps up this week ahead of a final report which could trigger sweeping reform of the financial sector of the world's 12-largest economy.

28 Nov TIMELINE-The misconduct uncovered by Australia’s year-long banking inquiry

Posted at 04:46h in News by KMFSLLP 0 Comments

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For nine months a quasi-judicial public inquiry into Australia's financial system has heard allegations of bribery, fraud, board-level cover-up, abuse of power and the charging of fees for no service.

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28 Nov China stocks extend gains; Hang Seng down

Posted at 04:33h in News by KMFSLLP 0 Comments

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China shares rose on Thursday morning on hopes for policy support and as U.S. Federal Reserve Chairman Jerome Powell made comments interpreted as a dovish shift, but investors remain wary ahead of the upcoming G20 meeting in Argentina.

28 Nov PFI demise casts doubt on UK’s £3bn construction projects

Posted at 04:00h in News by KMFSLLP 0 Comments

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Philip Hammond’s decision to scrap private finance initiative leaves government facing hefty bill

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28 Nov May’s Brexit deal deserves conditional support

Posted at 04:00h in News by KMFSLLP 0 Comments

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If parliament cannot ratify it, a second referendum may be needed

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28 Nov UPDATE 2-Malaysia’s Khazanah cuts IHH holding with $2 bln stake sale to Mitsui

Posted at 03:23h in News by KMFSLLP 0 Comments

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* Khazanah's IHH stake to fall to 26 pct, to retain board seat

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28 Nov UPDATE 1-BOJ policymaker calls for keeping ultra-easy policy, with eye on risks

Posted at 02:33h in News by KMFSLLP 0 Comments

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* July steps to help sustain sound market functions (Adds quotes, detail)

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28 Nov BOJ’s Masai stresses need to maintain ultra-loose policy

Posted at 01:46h in News by KMFSLLP 0 Comments

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Bank of Japan board member Takako Masai on Thursday stressed the importance of maintaining a massive stimulus programme to ensure the economy sustains momentum to achieve the central bank's 2 percent inflation target.

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28 Nov Australian shares track Wall St’s Fed-led gains; NZ higher

Posted at 01:46h in News by KMFSLLP 0 Comments

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Australian shares climbed to a more than two-week high on Thursday, tracking a Wall Street rally after Federal Reserve Chair Jerome Powell signalled monetary policy tightening may be drawing to a close.

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News

28 Nov Bank of England says Brexit will make us all poorer

28 Nov CORRECTED-Australian banks lick their wounds as misconduct inquiry concludes

28 Nov TIMELINE-The misconduct uncovered by Australia’s year-long banking inquiry

28 Nov China stocks extend gains; Hang Seng down

28 Nov PFI demise casts doubt on UK’s £3bn construction projects

28 Nov May’s Brexit deal deserves conditional support

28 Nov UPDATE 2-Malaysia’s Khazanah cuts IHH holding with $2 bln stake sale to Mitsui

28 Nov UPDATE 1-BOJ policymaker calls for keeping ultra-easy policy, with eye on risks

28 Nov BOJ’s Masai stresses need to maintain ultra-loose policy

28 Nov Australian shares track Wall St’s Fed-led gains; NZ higher

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