CMC Markets reported a surge in pre-tax profit to 98.7 million pounds ($125 million) on Thursday, up from just 6.3 million a year ago as trading firms benefit from the sharp increase in transactions due to the global equities sell-off.
* Next debt maturity not until Oct. 2021, no covenants
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Insurer AIA Group Ltd posted its weakest pace of annual growth in new business since its 2010 listing as anti-government protests in Hong Kong dampened demand from Chinese visitors, and it warned of further headwinds from the coronavirus outbreak.
* Shares down 4.4%, underperform broader Hong Kong market
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March 10 Australian stocks plunged into bear
market territory on Tuesday, as rising economic risks from the
fast-spreading coronavirus and a recent plunge in oil prices
clouded the global economic outlook.
March 9 Australian shares were hammered on
Monday as investors scurried for safe havens on mounting fears
of a deeper economic fallout from the rapidly spreading
coronavirus outbreak, and oil prices dived more than 20%.
SYDNEY/BENGALURU Air New Zealand on Monday withdrew its full-year earnings guidance, froze hiring, offered unpaid leave to staff and said it would cut more capacity because of increased uncertainty over the duration and scale of the coronavirus outbreak.
March 6 Australian shares fell about 2% on
Friday, tracking a sell-off on Wall Street as concerns over the
rapid spread of coronavirus outbreak outside China overshadowed
optimism over support from various stimulus measures worldwide.
March 5 Australian shares rose sharply on
Thursday, tracking Wall Street after Joe Biden emerged as the
front runner for the U.S. Democratic presidential nomination
with a strong showing in the "Super Tuesday" primary contests.
* Own-brand infant nutrition product sales in China double
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