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News

03 Jul UPDATE 2-India forecasts GDP growth will edge up to 7% this year, sees fiscal challenges

Posted at 10:02h in News by KMFSLLP 0 Comments

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* Govt report says credit growth, consumption to push up growth

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03 Jul UPDATE 1-UK watchdog wants hard evidence from banks on Libor shift

Posted at 09:59h in News by KMFSLLP 0 Comments

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Banks must provide concrete evidence to show that they are ending the use of the Libor interest rate benchmark as a price reference in financial contracts, a senior Financial Conduct Authority official said on Thursday.

03 Jul India’s Ola gets London licence to take on Uber

Posted at 09:46h in News by KMFSLLP 0 Comments

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Competition intensifies in one of the world’s largest taxi markets

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03 Jul UPDATE 2-Homebuilder Persimmon sees revenues fall as it slows new home releases

Posted at 09:14h in News by KMFSLLP 0 Comments

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Persimmon, Britain's second-largest homebuilder, suffered a drop in revenue in the first half of the year as it delayed sales closer to the completion of properties in order to improve customer satisfaction.

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03 Jul IMF board to consider Congo Republic bailout on July 11

Posted at 09:12h in News by KMFSLLP 0 Comments

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The International Monetary Fund's (IMF) executive board will weigh a long-delayed bailout plan for Congo Republic on July 11, according to a calendar published on its website on Thursday.

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03 Jul Foreigners were net sellers of Japan stocks for a 8th straight week June 24-28

Posted at 09:11h in News by KMFSLLP 0 Comments

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Foreigners were net sellers of Japanese stocks for an eighth consecutive week on June 24-28 as caution built ahead of much awaited talks between U.S. and Chinese leaders on the sidelines of the G20 summit in Japan.

03 Jul UPDATE 1-European shares hover at 12-month high on Italy relief, trade optimism

Posted at 08:52h in News by KMFSLLP 0 Comments

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* Osram rises after confirming takeover bid from Bain and Carlyle

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03 Jul UPDATE 1-China’s June new loans over 990 bln yuan, dip from May

Posted at 08:38h in News by KMFSLLP 0 Comments

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* Says has ample weapons to prevent financial risks (Adds details, additional comments on Anbang)

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03 Jul UPDATE 1-Deloitte, partner fined $5.8 mln for UK audit failures

Posted at 08:34h in News by KMFSLLP 0 Comments

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Britain's accounting watchdog has fined Deloitte and one of its partners a total of 4.62 million pounds ($5.81 million) for misconduct related to the audit of financial statements of Serco Geografix Ltd for 2011 and 2012.

03 Jul Hong Kong stocks slip as investors await trade developments

Posted at 08:28h in News by KMFSLLP 0 Comments

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* HK->Shanghai Connect daily quota used 2.1%, Shanghai->HK daily quota used 0.1%

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News

03 Jul UPDATE 2-India forecasts GDP growth will edge up to 7% this year, sees fiscal challenges

03 Jul UPDATE 1-UK watchdog wants hard evidence from banks on Libor shift

03 Jul India’s Ola gets London licence to take on Uber

03 Jul UPDATE 2-Homebuilder Persimmon sees revenues fall as it slows new home releases

03 Jul IMF board to consider Congo Republic bailout on July 11

03 Jul Foreigners were net sellers of Japan stocks for a 8th straight week June 24-28

03 Jul UPDATE 1-European shares hover at 12-month high on Italy relief, trade optimism

03 Jul UPDATE 1-China’s June new loans over 990 bln yuan, dip from May

03 Jul UPDATE 1-Deloitte, partner fined $5.8 mln for UK audit failures

03 Jul Hong Kong stocks slip as investors await trade developments

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