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News

11 Jul UPDATE 1-Lebanon CenBank head says expects economy to grow 2 pct in 2018

Posted at 09:37h in News by KMFSLLP 0 Comments

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Lebanon's Central Bank Governor Riad Salameh said on Thursday he expects the economy to grow by 2 percent and for inflation to be 4-5 percent in 2018.

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11 Jul EU too soft on fiscal rules, risks from high-debt states- auditors

Posted at 09:30h in News by KMFSLLP 0 Comments

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The European Commission has applied fiscal rules with excessive flexibility, making them ineffective in reducing debt in highly indebted states like Italy, auditors said on Thursday, warning of risks of spillovers from negative market reactions.

11 Jul UPDATE 1-EU tells UK financial firms time running out for Brexit licences

Posted at 09:29h in News by KMFSLLP 0 Comments

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Financial firms in Britain which need a base in the European Union after Brexit should apply for a licence this month in case of a disorderly UK departure, the EU securities watchdog said on Thursday.

11 Jul No recapitalization of banks through euro zone bailout fund-Scholz

Posted at 09:16h in News by KMFSLLP 0 Comments

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The euro zone ESM bailout fund should not take over the task of direct recapitalization of banks after its conversion, German Finance Minister Olaf Scholz told the economic and monetary committee of the European Parliament in Brussels on Thursday.

11 Jul UPDATE 1-Norwegian bank DNB’s Q2 earnings fall short of expectations, shares drop

Posted at 09:13h in News by KMFSLLP 0 Comments

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Norway's DNB, the country's largest bank, reported second-quarter earnings below expectations on Thursday, partly due to a weak performance in its trading operations, sending its shares lower.

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11 Jul China to adjust compensation policy for redevelopment reforms

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China's housing ministry said on Thursday it will push forward differentiated financial compensation for shantytown redevelopment projects in the country's various cities.

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11 Jul UK’s renters face squeeze as tax reforms shrink supply of homes

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

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RICS warns situation in private rented sector ‘gives great cause for concern’

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11 Jul EU watchdog warns UK financial firms of hard Brexit

Posted at 09:07h in News by KMFSLLP 0 Comments

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Financial firms in Britain who need a base in the European Union after Brexit should apply for a licence as soon as possible in case of a disorderly departure by the United Kingdom, the EU securities watchdog said on Thursday.

11 Jul U.S. says disrupts Iran finance operation in UAE to squeeze Tehran

Posted at 09:00h in News by KMFSLLP 0 Comments

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The United States and the United Arab Emirates have broken up a network funnelling illicit funds to Iran as Washington steps up a drive to restrict Iranian trade and access to hard currency in the region, a senior U.S. official said on Thursday.

11 Jul EU court upholds UK Hinkley Point subsidies

Posted at 08:19h in News by KMFSLLP 0 Comments

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News

11 Jul UPDATE 1-Lebanon CenBank head says expects economy to grow 2 pct in 2018

11 Jul EU too soft on fiscal rules, risks from high-debt states- auditors

11 Jul UPDATE 1-EU tells UK financial firms time running out for Brexit licences

11 Jul No recapitalization of banks through euro zone bailout fund-Scholz

11 Jul UPDATE 1-Norwegian bank DNB’s Q2 earnings fall short of expectations, shares drop

11 Jul China to adjust compensation policy for redevelopment reforms

11 Jul UK’s renters face squeeze as tax reforms shrink supply of homes

11 Jul EU watchdog warns UK financial firms of hard Brexit

11 Jul U.S. says disrupts Iran finance operation in UAE to squeeze Tehran

11 Jul EU court upholds UK Hinkley Point subsidies

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