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Boku gets non-bank merchant status from Malaysian central bank
Mobile payments specialist Boku announced on Monday that its Malaysian subsidiary, Boku MY, has secured a green light from Bank Negara Malaysia (BNM) to function as a non-bank merchant acquirer after persistent efforts and investments in the Malaysian market.
HgCapital agrees sale of stake in Silverfin
HgCapital Trust has agreed to sell Silverfin, a leading cloud platform designed for accountants, to cloud software specialist Visma, it announced on Monday.
London midday: Miners and gambling stocks drag FTSE lower
Equities in London retreated on Monday, with mining stocks and gambling companies providing a big drag on markets, with the FTSE 100 down 0. 7% at 7,631 by lunchtime.
Europe midday: German Ifo survey, China property woes rattle investors
European shares extended losses on Monday as worries about China's troubled property sector continued, with developer Evergrande saying it would not be able to complete a planned restructure, while rising oil prices and weak German survey data also weighed on sentiment.
Entain valuation still attractive despite weak Q3, says Shore Capital
Shore Capital has maintained its 'buy' recommendation for Entain despite the gambling company disappointed the market with a weak third-quarter update, saying the shares still look good value.
Europe open: China property woes, oil price push stocks lower
European shares opened lower on Monday as worries about China's troubled property sector continued with developer Evergrande saying it would not be able to complete a planned restructure, while rising oil prices also weighed on sentiment.
US pre-open: Subdued start expected ahead of quiet day
Stock futures were pointing to a flat start to the week on Wall Street, with the S&P 500 pausing at a three-month low.
Asia report: Stocks mixed as investors watch for inflation data
Markets in the Asia-Pacific region displayed a mixed performance on Monday, as investors remained watchful for inflation data expected to emerge from various economies.
Cryptos remain depressed after Fed; Bitcoin could fall to $23,000
Cryptocurrencies consolidate their bearish turn. Bitcoin (BTC) and Ethereum (ETH) fall around 1% in the last 24 hours, although they start the week with moderate rises, and stand at the level of $26,100 and $1,580.
GSK's RSV vaccine gets approval in Japan
GSK announced on Monday that its vaccine, Arexvy, has received approval from Japan's Ministry of Health, Labour and Welfare (MHLW) for preventing respiratory syncytial virus (RSV) disease in adults aged 60 and over.
London open: Stocks mixed early on as China fears hit sentiment
The FTSE 100 was struggling for direction in early trading on Monday with mining stocks providing a drag on renewed concerns about demand as China's property crisis deepened.
Alphawave IP swings to first-half loss
Shares in Alphawave IP Group dropped on Monday after the digital infrastructure company swung to a loss in the first half despite a trebling in revenues as margins shrunk significantly and overheads jumped.
Monday newspaper round-up: NatWest, economic slowdown, EU tariffs, Conduit Pharma, HS2
NatWest hired private detectives to look into the health of borrowers who owed money to its notorious Global Restructuring Group, it has been claimed. A “tracing agent” convicted of illegally obtaining personal information of bank customers has alleged that NatWest instructed him to report on debtors’ health conditions during the scandal at GRG. - The Times.
London pre-open: Stocks to slip in early deals
UK stocks are expected to edge lower on Monday, following a mixed performance on Asian indices overnight,.
Aviva buys AIG's UK protection business, GSK gets Japan vaccine approval
London open The FTSE 100 is expected to open 30 points lower on Monday, having closed up 0. 07% on Friday at 7,683. 91.
Aviva buys AIG's UK protection business for £460m
British insurer Aviva on Monday said it had bought AIG's UK protection business for £460m.