KM Financial Solutions | News

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News

25 Sep UK’s offshore trading of renminbi hits fresh record

Posted at 10:59h in News by KMFSLLP 0 Comments

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Average daily volumes rise nearly a third over the year to £69bn in the second quarter

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25 Sep World Bank approves first loans to Somalia in 30 years

Posted at 10:55h in News by KMFSLLP 0 Comments

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The World Bank has approved $80 million in loans to Somalia to fund public finance reforms, marking the first disbursement to the government of the conflict-ridden country in 30 years, the bank said.

25 Sep UPDATE 4-Deutsche Bank dismisses merger reports as ‘fictions’

Posted at 10:49h in News by KMFSLLP 0 Comments

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* UBS and Commerzbank decline to comment (Updates with comment from CEO, new reporting credit, share prices)

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25 Sep SE Asia Stocks-Singapore erases gains to close slightly higher, Philippines extends falls

Posted at 10:14h in News by KMFSLLP 0 Comments

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Singapore shares gave up most of their early gains on Wednesday after data showed factory output growth in August slowed more than expected, while Philippine stocks weakened for a second straight session ahead of an expected rate hike on Thursday. Investors were also cautious as they...

25 Sep Germany’s deputy finmin urges insurers to prepare for no-deal Brexit

Posted at 10:04h in News by KMFSLLP 0 Comments

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German Deputy Finance Minister Joerg Kukies on Wednesday urged insurers to prepare for a no-deal Brexit and added that the German government was very interested in attracting financial service providers looking to leave Britain due to Brexit.

25 Sep EXPLAINER-Swiss-EU ties at crossroads over stalled treaty talks

Posted at 10:01h in News by KMFSLLP 0 Comments

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Switzerland and the European Union have been negotiating the terms of a treaty that would cement ties between the neutral country and its biggest trading partner.

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25 Sep UPDATE 2-India’s top court imposes curbs on use of biometric identity system

Posted at 10:00h in News by KMFSLLP 0 Comments

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* Strikes down effort to make use mandatory for phones, schools (Adds court ruling details, comments, background)

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25 Sep UPDATE 2-China to boost $3.8 trln digital economy, Xi calls for self-reliance

Posted at 09:58h in News by KMFSLLP 0 Comments

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* Digitalisation of traditional sectors to bring in jobs - NDRC

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25 Sep UPDATE 1-Brexit and the City: A barometer for London’s financial outlook

Posted at 09:48h in News by KMFSLLP 0 Comments

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London's skyline is changing fast, pierced by gleaming new skyscrapers which defy predictions of a Brexit-related slowdown in the capital's two financial districts.