SE Asia Stocks-Rise with Asia; Singapore leads gain at near 2-month high + MORE

[Buzz_Burner_Fresh_Updates] UPDATE 1-Britain's pro-EU campaign opens with warning: Don't turn your back on world – reuters.com LONDON, Oct 12 (Reuters) – British pro-Europeans on Monday launched their campaign to keep their country inside the European Union, cautioning that turning away from the world’s biggest economic bloc would hurt jobs and torpedo London’s global financial clout. […]

Hedge funds posted 4th month of declines in September -HFR data

[Buzz_Burner_Fresh_Updates] Hedge funds posted 4th month of declines in September -HFR data – reuters.com BOSTON, Oct 7 (Reuters) – BOSTON, Oct 7 (Reuters) – Hedge funds are down 1.35 percent this year after a fourth straight month of losses in September, which marks the longest consecutive period of declines since the financial crisis, data released […]

Yum's China missteps amplify calls for spinoff, other change

[Buzz_Burner_Fresh_Updates] Yum's China missteps amplify calls for spinoff, other change – reuters.com LOS ANGELES (Reuters) – Yum Brands Inc’s disappointing results from restaurants in China including KFC and Pizza Hut add new pressure on Chief Executive Greg Creed to make swift changes to the business that is its main driver of sales and profit, analysts […]

Market volatility, China slowdown pose risks to Dutch banks – c.bank

[Buzz_Burner_Fresh_Updates] Market volatility, China slowdown pose risks to Dutch banks – c.bank – reuters.com AMSTERDAM, Oct 7 (Reuters) – Increased volatility on global financial markets, partly prompted by China’s economic slowdown, could pose a risk to Dutch banks and insurance firms, the Netherlands’ central bank said on Wednesday. Continue Reading On reuters.com »  

Renault-Nissan discuss new structure to counter French control: Nikkei

[Buzz_Burner_Fresh_Updates] Renault-Nissan discuss new structure to counter French control: Nikkei – reuters.com TOKYO (Reuters) – Renault SA and Nissan Motor Co have entered discussions to reorganize their capital alliance structure in a bid to water down Paris’s control of the French automaker, the Nikkei business daily reported on Wednesday. Continue Reading On reuters.com »  

UK watchdog begins competition review of mortgage market

[Buzz_Burner_Fresh_Updates] UK watchdog begins competition review of mortgage market – reuters.com LONDON, Oct 7 (Reuters) – Britain’s financial watchdog said on Wednesday it was starting a review of the mortgage market to identify potential areas where competition may not be working well or could be improved. Continue Reading On reuters.com »  

UPDATE 2-Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in Sept

[Buzz_Burner_Fresh_Updates] UPDATE 2-Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in Sept – reuters.com BOSTON, Sept 30 (Reuters) – Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America’s most prominent hedge funds. Continue […]

Genworth sees after-tax GAAP loss of $275-$325 mln

[Buzz_Burner_Fresh_Updates] Genworth sees after-tax GAAP loss of $275-$325 mln – reuters.com Sept 30 (Reuters) – Genworth Financial Inc said it expects to record an after-tax GAAP loss of $275 to $325 million in the third quarter ending Wednesday as it agreed to sell certain blocks of term life insurance to Protective Life Insurance Co. Continue […]

Chinese president to meet with American business leaders, investment treaty likely topic

[Buzz_Burner_Fresh_Updates] Chinese president to meet with American business leaders, investment treaty likely topic – foxbusiness.com When Chinese President Xi Jinping addresses a meeting of some of the top names in Chinese and American business Wednesday, they may be most interested what he says about progress toward a treaty between the nations that would provide a […]