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News

10 Oct UPDATE 2-French bank Natixis could bid for payments group Ingenico

Posted at 08:32h in News by KMFSLLP 0 Comments

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* Ingenico failed to buy Worldline in 2015 (Updates share prices, adds analyst comment)

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10 Oct Tony Blair advises Labour Party to vote down UK PM May’s possible Brexit deal

Posted at 08:20h in News by KMFSLLP 0 Comments

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Former British Prime Minister Tony Blair said on Thursday he would advise Labour Party lawmakers to vote down a Brexit divorce deal that Theresa May is trying to clinch with the European Union.

10 Oct UPDATE 4-U.S. says China spy charged with trying to steal aviation secrets

Posted at 07:56h in News by KMFSLLP 0 Comments

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The U.S. Justice Department said on Wednesday it had arrested and indicted a spy for China's Ministry of State Security on charges of economic espionage and attempting to steal trade secrets from several U.S. aviation and aerospace companies.

10 Oct Rising sea levels, storm surges pose risks for Hong Kong’s artificial island project

Posted at 07:48h in News by KMFSLLP 0 Comments

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As Hong Kong recovers from one of the strongest typhoons in decades, a controversial plan to build a vast artificial island is facing intense scrutiny from environmental groups, lawmakers and academics who say it will be vulnerable to rising sea levels and storms.

10 Oct UPDATE 1-Ceva Logistics rejects mystery bidder’s $1.55 billion approach

Posted at 07:48h in News by KMFSLLP 0 Comments

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Swiss transport group Ceva Logistics rejected an unsolicited takeover approach, saying on Thursday the 1.53 billion Swiss franc ($1.55 billion) cash bid undervalued the company that went public only in May.

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10 Oct Saudi-based IDB plans infrastructure funds for Africa and Asia

Posted at 07:43h in News by KMFSLLP 0 Comments

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The Saudi-based Islamic Development Bank (IDB) plans to launch two funds focused on Africa and Asia next year, aiming to raise a combined $1 billion to help fill a gap in infrastructure investment among its member countries.

10 Oct S.Korean shares fall most in nearly 7 years, won declines sharply

Posted at 07:31h in News by KMFSLLP 0 Comments

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South Korean stocks plunged 4.4 percent on Thursday, the sharpest in almost seven years, and hit their lowest since April 2017, as a rout on Wall Street rippled through Asian markets. The benchmark KOSPI index declined 98.94...

10 Oct Chinese stocks tumble to multi-year lows after Wall St rout

Posted at 07:25h in News by KMFSLLP 0 Comments

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China's benchmark Shanghai Composite Index dived to near four-year lows on Thursday, joining a global equities rout after a tech sell-off battered Wall Street overnight.

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10 Oct European shares plunge to 20-month lows as Wall St rout sparks sell-off

Posted at 07:22h in News by KMFSLLP 0 Comments

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European shares fell to their lowest level in more than 20 months on Thursday following a rout on Wall Street as jitters over rising U.S. Treasury yields sparked a broad selloff of risky assets.

10 Oct China’s Alipay says stolen Apple IDs behind thefts of users’ money

Posted at 07:04h in News by KMFSLLP 0 Comments

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Ant Financial's Alipay, the operator of one of China's top two mobile payment apps, said hackers have taken an unknown amount of money from accounts using stolen Apple Inc IDs and the issue remains unresolved despite reaching out to the U.S. giant.

News

10 Oct UPDATE 2-French bank Natixis could bid for payments group Ingenico

10 Oct Tony Blair advises Labour Party to vote down UK PM May’s possible Brexit deal

10 Oct UPDATE 4-U.S. says China spy charged with trying to steal aviation secrets

10 Oct Rising sea levels, storm surges pose risks for Hong Kong’s artificial island project

10 Oct UPDATE 1-Ceva Logistics rejects mystery bidder’s $1.55 billion approach

10 Oct Saudi-based IDB plans infrastructure funds for Africa and Asia

10 Oct S.Korean shares fall most in nearly 7 years, won declines sharply

10 Oct Chinese stocks tumble to multi-year lows after Wall St rout

10 Oct European shares plunge to 20-month lows as Wall St rout sparks sell-off

10 Oct China’s Alipay says stolen Apple IDs behind thefts of users’ money

KM Financial Solutions LLP

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