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Hong Kong moves towards enacting tougher security law amid concerns about freedoms

Hong Kong moves towards enacting tougher security law amid concerns about freedoms By James Pomfret and Jessie Pang HONG KONG, Feb 28 (Reuters) - A public consultation period for a new Hong Kong national security law closes on Wednesday amid concerns that the legislation, which authorities want to put in place soon, will further erode freedoms in the financial hub.

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Horizon Technology Finance Corp reports results for the quarter ended in December - Earnings Summary

Horizon Technology Finance Corp reports results for the quarter ended in December - Earnings Summary Horizon Technology Finance Corp HRZN.OQ reported quarterly adjusted earnings of 45 cents​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of eight analysts for the quarter was for earnings of 44 cents per share.

Rupee flat, far forward premiums extend decline to 2-1/2-month low

INDIA RUPEE-Rupee flat, far forward premiums extend decline to 2-1/2-month low By Jaspreet Kalra MUMBAI, Feb 28 (Reuters) - The Indian rupee was largely flat on Wednesday as sustained dollar inflows helped ease the pressure from weakness in most Asian currencies. The rupee INR=IN was at 82.90 against the U.S. dollar as of 11:00 a.m. IST, barely changed from its close of 82.8975 in the previous session.

South African Markets - Factors to watch on Feb 28

South African Markets - Factors to watch on Feb 28 JOHANNESBURG, Feb 28 (Reuters) - The following scheduled economic event, company announcements, equity and currency market moves may affect South African markets on Wednesday. ECONOMIC EVENTS South Africa releases grain estimates COMPANIES South Africa's Woolworths H1 profit falls as shoppers spend less Canal Plus required to make mandatory offer to MultiChoice, S.African regulator rules Harmony Gold half-year results SOUTH AFRICAN MARKETS South
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China's Changan in talks to take over struggling EV maker Human Horizons, report says

China's Changan in talks to take over struggling EV maker Human Horizons, report says SHANGHAI, Feb 28 (Reuters) - China's state-owned Chongqing Changan Automobile Co Ltd 000625.SZ is in talks to take over struggling Chinese electric vehicle maker Human Horizons, financial news outlet Yicai reported on Wednesday, citing Changan Chairman Zhu Huarong. Ding Lei, founder of Shanghai-based Human Horizons which makes the Hiphi-branded EVs, met Zhu in Chongqing on Feb.

India's Max Financial rises on likely gains from fund infusion into Max Life

BUZZ-India's Max Financial rises on likely gains from fund infusion into Max Life ** Shares of Max Financial Services MAXI.NS rise 3.5% to 967.95 rupees ** Jefferies says Max Life Insurance, 81%-owned by MAXI, will benefit from Axis Bank AXBK.NS fund infusion ** On Feb. 6, India's insurance regulator approved capital infusion of 16.12 bln rupees (~

Indian cenbank likely to set cut-off yield for T-Bills in 6.98%-7.16% band

POLL-Indian cenbank likely to set cut-off yield for T-Bills in 6.98%-7.16% band MUMBAI, Feb 28 (Reuters) - The Indian government aims to raise an aggregate of 340 billion rupees ($4.10 billion) through a sale of 91-day, 182-day and 364-day Treasury bills on Wednesday . The Reserve Bank of India will likely set cut-off yields for the same at 6.98%, 7.16% and 7.13%, respectively, according to a Reuters poll of 13 traders .

Swiss stocks - Factors to watch on February 28

Swiss stocks - Factors to watch on February 28 ZURICH/BERLIN, Feb 28(Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday: HOLCIM HOLN.S Holcim reported earnings slightly ahead of forecasts for its fourth quarter on Wednesday in the first set of results since the building materials giant unveiled plans to spin off its North American business.
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Hong Kong moves towards enacting tougher security law amid concerns about freedoms

Hong Kong moves towards enacting tougher security law amid concerns about freedoms By James Pomfret and Jessie Pang HONG KONG, Feb 28 (Reuters) - A public consultation period for a new Hong Kong national security law closes on Wednesday amid concerns that the legislation, which authorities want to put in place soon, will further erode freedoms in the financial hub.

In South Korea, world's lowest fertility rate plunges again in 2023

UPDATE 1-In South Korea, world's lowest fertility rate plunges again in 2023 Recasts, adds comments from South Korean woman and government official By Jihoon Lee and Cynthia Kim SEOUL, Feb 28 (Reuters) - South Korea's fertility rate, already the world's lowest, continued its dramatic decline in 2023, as women concerned about their career advancement and the financial cost of raising children decided to delay childbirth or to not have babies.

Nelnet Inc reports results for the quarter ended in December - Earnings Summary

Nelnet Inc reports results for the quarter ended in December - Earnings Summary Nelnet Inc NNI.N reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of $1.07. The lone analyst forecast for the quarter was for earnings of $1.03 per share. Revenue fell 22.6% to $260.66 million from a year ago; analysts expected $337.81 million.

Sulaiman Alhabib Says Major Shareholder Intends To Transfer Some Of Its Shares In Group

BRIEF-Sulaiman Alhabib Says Major Shareholder Intends To Transfer Some Of Its Shares In Group Feb 28 (Reuters) - DR SULAIMAN AL HABIB MEDICAL SERVICES GROUP COMPANY 4013.SE : MAJOR SHAREHOLDER IS INTENDING TO TRANSFER SOME OF ITS SHARES IN GROUP TO ITS AFFILIATED COMPANY SHAREHOLDER INTENDS TO CARRY OUT INTERNAL STRUCTURE TRANSACTION TO TRANSFER 17.4 MILLION SHARES OF DR.

Holcim reports Q4 earnings slightly above forecasts

Holcim reports Q4 earnings slightly above forecasts ZURICH, Feb 28 (Reuters) - Holcim HOLN.S reported earnings slightly ahead of forecasts for its fourth quarter on Wednesday in the first set of results since the building materials giant unveiled plans to spin off its North American business. The cement maker posted recurring operating profit of 1.12 billion Swiss francs ($1.27 billion) for the three months to the end of December, above analyst forecasts for 1.07 billion francs.

Four dead in landslide at NMDC's Chhattisgarh mine, police say

Four dead in landslide at NMDC's Chhattisgarh mine, police say NEW DELHI/BENGALURU, Feb 28 (Reuters) - Four people were killed and two injured in a landslide at NMDC's NMDC.NS iron ore mine in Dantewada in the central Indian state of Chhattisgarh, police said on Wednesday. "Construction and rock-breaking work was going on. This was a landslide accident, but the actual reason is yet to be known," Gaurav Rai, a top Dantewada police officer, told Reuters.

African Markets - Factors to watch on Feb 28

African Markets - Factors to watch on Feb 28 Feb 28 (Reuters) - The following company announcements, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: Harmony Gold half-year results South Africa's Woolworths H1 profit falls as shoppers spend less GLOBAL MARKETS Asian stocks were tentative on Wednesday ahead of a U.S.
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Calm prevails before inflation data, kiwi stirs

MORNING BID EUROPE-Calm prevails before inflation data, kiwi stirs A look at the day ahead in European and global markets from Ankur Banerjee An eerie calm is pervading global markets as traders await new inflation tests later in the week, which will give the next clues on closely watched rate outlooks in the U.S. and Europe. There were pockets of excitement in the Asian day, however, as New Zealand's central bank hinted at a slightly less hawkish stance while South Korean shares kept up this mo
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Lerøy Posts Q4 Operating Profit Before Biomass Adjustments Of Nok 765 Million.

BRIEF-Lerøy Posts Q4 Operating Profit Before Biomass Adjustments Of Nok 765 Million. Feb 28 (Reuters) - Leroy Seafood Group ASA LSG.OL : Q4 OF 2023, LERØY DELIVERED AN OPERATING PROFIT BEFORE BIOMASS ADJUSTMENTS OF NOK 765 MILLION. Source text for Eikon: ID:nGNE33G0bl Further company coverage: LSG.OL
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Asian currencies edge lower, stocks mixed ahead of US inflation data

EMERGING MARKETS-Asian currencies edge lower, stocks mixed ahead of US inflation data Repeats to new destination code, no change to text Philippine peso down 0.4% Singapore stocks down 0.7% Thailand and Indonesia Feb CPI due Friday By Ayushman Ojha Feb 28 (Reuters) - Most Asian currencies inched lower on Wednesday while equities were largely mixed as traders remained cautious ahead of a key U.S.
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Canal Plus required to make mandatory offer to MultiChoice, S.African regulator rules

Canal Plus required to make mandatory offer to MultiChoice, S.African regulator rules JOHANNESBURG, Feb 28 (Reuters) - South Africa's takeover panel has ruled that French media company Groupe Canal+ SA is required to make a mandatory offer immediately to buy shares of pay-TV company MultiChoice MCGJ.J that it does not already own, MultiChoice said on Wednesday.
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Japan's Eneos promotes executive VP Miyata to CEO

Japan's Eneos promotes executive VP Miyata to CEO TOKYO, Feb 28 (Reuters) - Japan's biggest refiner, Eneos Corp 5020.T , on Wednesday named executive vice president Tomohide Miyata as its new chief executive, effective April 1, replacing President Takeshi Saito, who was dismissed in December for misconduct. Eneos dismissed Saito after he hugged a woman while drunk at a social gathering.

Asian currencies edge lower, stocks mixed ahead of US inflation data

EMERGING MARKETS-Asian currencies edge lower, stocks mixed ahead of US inflation data Philippine peso down 0.4% Singapore stocks down 0.7% Thailand and Indonesia Feb CPI due Friday By Ayushman Ojha Feb 28 (Reuters) - Most Asian currencies inched lower on Wednesday while equities were largely mixed as traders remained cautious ahead of a key U.S. inflation reading due on Thursday that could give clues on the timing of rate cuts by the Federal Reserve.
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