Posted at 02:53h
in
News
by KMFSLLP
High household debt in Australia
could make the economy less resilient to shocks and complicate
future interest rate decisions, the country's central bank said
on Friday.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/2bJ9adM0AiQ)
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Posted at 02:52h
in
News
by KMFSLLP
Gains in the banking and mining sectors
boosted Australian stocks on Friday, as signs of tentative
easing in the Sino-U.S. trade dispute provided some cheer to
global risk sentiment.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/RVFy-sBbFKw)
...
Posted at 02:17h
in
News
by KMFSLLP
A federal judge in Manhattan on
Thursday partially dismissed a lawsuit by investors in General
Electric Co that accused the company of concealing $24
billion in insurance liabilities and using fraudulent accounting
to prop up its power business.
Posted at 02:15h
in
News
by KMFSLLP
Australia's banking watchdog will
stress test the country's banks every year, instead of the
current three-year cycle, ramping up oversight of a sector that
has been marred by misconduct.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/Iz9bkmMgJMw)
...
Posted at 02:01h
in
News
by KMFSLLP
* Tencent's decision sparked by Beijing's new regulations
-source
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/gWKNObMVXC0)
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Posted at 01:46h
in
News
by KMFSLLP
China's central bank set its
official yuan midpoint at its weakest in 11-1/2 years on Friday,
though for a fourth straight day it was stronger than the market
had expected, signalling the central bank's intention to slow
the Chinese currency's decline.
![](http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=o3v8-1xHHE8:zyNAFubpcu4:V_sGLiPBpWU)
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Posted at 01:39h
in
News
by KMFSLLP
The United States on Thursday
sanctioned Lebanon-based Jammal Trust Bank SAL and its
subsidiaries for allegedly facilitating the financial activities
of Hezbollah, according to the Treasury Department, which said
the bank funnels money to the families of suicide bombers.
Posted at 00:04h
in
News
by KMFSLLP
An Illinois judge on Thursday
ruled that a petition by taxpayers aiming to challenge the
constitutionality of $16 billion of the state's general
obligation bonds was political in nature and cannot proceed in
court.
Posted at 22:07h
in
News
by KMFSLLP
Australian shares looked set to rise on
Friday, in line with Wall Street peers, as China's optimistic
comments about trade negotiations with the United States buoyed
risk sentiment.
U.S. stocks jumped more than 1% overnight after China's
Commerce Ministry said Beijing and Washington were discussing
the...
Posted at 21:30h
in
News
by KMFSLLP
Pledge to raise ‘tempo’ of Brussels negotiations aims to stop Tories voting with Labour
...