Posted at 06:00h
in
News
by KMFSLLP
Thyssenkrupp's
foundation has pledged to stop a break-up of the
steel-to-submarines conglomerate, but sliding profits, activist
investors and a leadership crisis have forced it to acknowledge
the need for deeper reforms.
...
Posted at 05:50h
in
News
by KMFSLLP
Ratings firm Standard & Poor's
paid A$215 million ($157 million) to settle a lawsuit in
Australia where it was accused of overlooking risks when
awarding high ratings to opaque investments that imploded in the
global financial crisis.
Posted at 05:30h
in
News
by KMFSLLP
Pimpa Panlao, 31, is struggling
to pay off an 80,000 baht ($2,440) bank loan and spends a third
of her income from selling women's accessories at a Bangkok
market to repay the loan.
Posted at 05:16h
in
News
by KMFSLLP
Malayan Banking Bhd
(Maybank), Malaysia's largest lender by assets, posted
an 18 percent jump in second-quarter profit on Thursday as
reductions in expenses and loan provisioning boosted
performance.
...
Posted at 05:02h
in
News
by KMFSLLP
The Reserve Bank of Australia
(RBA) said on Thursday an internal power failure at its data
centre in Sydney has affected its payment services.
...
Posted at 05:00h
in
News
by KMFSLLP
The family that controls
Campbell Soup Co looks to be on a collision course this
week with new hedge fund investors pushing for the company to
sell itself, heralding a potential proxy fight industry analysts
have labeled the "fight of the fall."
Posted at 04:31h
in
News
by KMFSLLP
China stocks fell on Thursday
morning, with investor confidence remaining weak amid signs
factory activity is slowing under pressure from the trade spat
with the United States.
** The CSI300 index fell 0.8 percent, to 3,360.92
points, at the end of the morning session, while the Shanghai
Composite Index lost 0.8...
Posted at 04:23h
in
News
by KMFSLLP
An Australian regulator said it
wants to ban life insurers from outbound telephone sales which
coerce customers into buying unwanted policies, a glimpse at the
practices to be scrutinised at a powerful inquiry into industry
conduct next month.
Posted at 04:08h
in
News
by KMFSLLP
Most Southeast Asian stock markets inched
higher on Thursday, in line with broader Asia on expectations
negotiations over the North American Free Trade Agreement
(NAFTA) will lead to a further easing of global trade tensions.
Leaders of the United States and Canada expressed optimism
on Wednesday...
Posted at 04:01h
in
News
by KMFSLLP
The salmon — largely — got away, unlike most of the investments
...