BEIJING, June 12 (Reuters) – The Internet bank affiliate of China’s Alibaba Group Holding Ltd on Friday touted its in-house cloud computing system as an alternative to the U.S. technology that the government wants to purge from the domestic financial sector.
* Resumes trading of Kampa SA shares from June 12, as the company has published its Q1 financial report
LONDON, June 12 (Reuters) – Emerging market equity funds suffered the biggest outflow since the 2008 financial crisis in the week to Thursday, as investors braced for a possible increase in U.S. interest rates later in the year, the first in almost a decade.
* Resolves to resume trading of GC Investment SA shares, from June 15, after company has published its Q1 financial report Further company coverage: (Gdynia Newsroom)
Former International Monetary Fund chief Dominique Strauss-Kahn has been acquitted of aggravated pimping charges by a French court. He told the court yesterday that he participated in sex parties reminiscent of orgies in antiquity because he needed “recreational sessions” while he was busy “saving the world” from one of its worst financial crises…
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