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News

05 Sep Sri Lankan rupee ends firmer after hitting fresh low

Posted at 12:27h in News by KMFSLLP 0 Comments

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Sri Lankan rupee hit a fresh low for the 13th straight session on Thursday, but ended firmer after the central bank cut the net open positions of commercial banks, dealers said.

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05 Sep Ex-Cantor trader alleges unethical trading practices at firm

Posted at 12:20h in News by KMFSLLP 0 Comments

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Former high-yield trader claims he was unfairly dismissed after blowing the whistle

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05 Sep UPDATE 1-Elliott reviving push to overhaul Hyundai Motor – Bloomberg

Posted at 12:18h in News by KMFSLLP 0 Comments

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Elliott Management Corp is resuming its push for restructuring at the Hyundai Motor Group, months after the activist fund forced the South Korean automotive company to scrap an $8.4 billion deal, Bloomberg reported on Thursday.

05 Sep Sri Lankan shares end weaker; turnover slumps to near 5-month low

Posted at 12:11h in News by KMFSLLP 0 Comments

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Sri Lankan shares ended weaker on Thursday and turnover slumped to a near five-month low as investors stayed on the sidelines in the absence of fresh triggers.

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05 Sep UPDATE 1-Citigroup to overhaul its investment bank

Posted at 12:05h in News by KMFSLLP 0 Comments

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Citigroup Inc is set to restructure its investment banking operations and merge it with the bank's capital markets origination unit, according to an internal memo.

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05 Sep N Ireland legislators’ pay to be cut over deadlock

Posted at 11:36h in News by KMFSLLP 0 Comments

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UK government slashes salaries in effort to end dispute and restore Stormont assembly

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05 Sep N Ireland assembly members’ pay to be cut amid political deadlock

Posted at 11:36h in News by KMFSLLP 0 Comments

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05 Sep UPDATE 2-Indian rupee breaches 72/dlr, markets worry over mild c.bank intervention

Posted at 11:35h in News by KMFSLLP 0 Comments

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* State elections, inflation, US Fed rate hikes further headwinds (Adds background, details of intervention)

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05 Sep UPDATE 1-China’s Meituan Dianping to focus on domestic market after $4.4 bln Hong Kong IPO

Posted at 11:18h in News by KMFSLLP 0 Comments

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China's Meituan Dianping, an online food delivery-to-ticketing services platform, confirmed it had filed for an up to $4.4 billion Hong Kong IPO and said it will focus on its domestic business instead of overseas expansion in the near future.

05 Sep ANALYIS-JD.com investors spooked by “key man risk” after CEO accused of rape

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

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* COO position has been vacant since 2016 (Adds link to factbox on JD.com executives in paragraph 17)

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News

05 Sep Sri Lankan rupee ends firmer after hitting fresh low

05 Sep Ex-Cantor trader alleges unethical trading practices at firm

05 Sep UPDATE 1-Elliott reviving push to overhaul Hyundai Motor – Bloomberg

05 Sep Sri Lankan shares end weaker; turnover slumps to near 5-month low

05 Sep UPDATE 1-Citigroup to overhaul its investment bank

05 Sep N Ireland legislators’ pay to be cut over deadlock

05 Sep N Ireland assembly members’ pay to be cut amid political deadlock

05 Sep UPDATE 2-Indian rupee breaches 72/dlr, markets worry over mild c.bank intervention

05 Sep UPDATE 1-China’s Meituan Dianping to focus on domestic market after $4.4 bln Hong Kong IPO

05 Sep ANALYIS-JD.com investors spooked by “key man risk” after CEO accused of rape

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