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Self-proclaimed bitcoin inventor faces contempt of court case over $1.2 bln UK lawsuit

Self-proclaimed bitcoin inventor faces contempt of court case over $1.2 bln UK lawsuit LONDON, Nov 1 (Reuters) - An Australian computer scientist who claimed he invented bitcoin was on Friday accused of contempt of court after he filed a 911 million-pound ($1.18 billion) lawsuit against Twitter founder Jack Dorsey's payments firm Block SQ.N in Britain.
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Asia Morning Call-Global Markets

Asia Morning Call-Global Markets Oct 24 (Reuters) - Stock Markets closing level) Net Chng Stock Markets Net Chng S&P/ASX 200** 8216 10.3 NZX 50** 12787.6 -25.55 DJIA 42429.08 -495.81 NIKKEI** 38104.86 -307.1 Nasdaq 18199.198 -373.931 FTSE** 8258.64 -47.9 S&P 500 5779.09 -72.11 Hang Seng** 20760.15 261.2 SPI 200 Fut 8219 -26 STI** 3600.78 13.37 SSEC** 3302.8028 16.9359 KOSPI** 2599.62 28.92 ---------------------------------------------------------------------------------------- Bonds Bonds JP 10
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Mining, consumer stocks lift Aussie shares to end higher

Mining, consumer stocks lift Aussie shares to end higher QBE falls on regulatory woes Gold stocks hit record high Consumer stocks advance Updates to close By Adwitiya Srivastava Oct 23 (Reuters) - Australian shares inched higher on Wednesday, lifted by gains in mining and consumer stocks, while QBE Insurance - the country's top insurer - fell after the domestic corporate regulator said it was suing the firm over misleading consumers on discounts for various products.
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Australian shares rise on commodity boost; QBE Insurance falls on regulatory woes

Australian shares rise on commodity boost; QBE Insurance falls on regulatory woes Oct 23 (Reuters) - Australian shares rose on Wednesday, buoyed by commodity stocks, while QBE Insurance QBE.AX fell after the country's corporate watchdog said it was taking the insurer to court over misleading pricing discounts. The S&P/ASX 200 index .AXJO rose 0.3% to 8,227.9, as of 2333 GMT, rebounding from a more than 1.5% fall on Tuesday.
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Australia's QBE Insurance falls after Australia's corporate regulator sues over pricing discount

BUZZ-Australia's QBE Insurance falls after Australia's corporate regulator sues over pricing discount ** Shares of QBE Insurance QBE.AX fall as much as 0.9% to A$17.01 ** Australia's corporate regulator is taking the insurer to court, alleging that it misled customers about the value of discounts offered on certain general insurance products ** Co
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QBE Insurance Will Review Pleadings And Continue To Work With ASIC On Pricing Inconsistencies

BRIEF-QBE Insurance Will Review Pleadings And Continue To Work With ASIC On Pricing Inconsistencies Oct 23 (Reuters) - QBE Insurance Group Ltd QBE.AX : PROCEEDINGS COMMENCED BY ASIC QBE'S PRICING MECHANISM ACKNOWLEDGES THAT AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION TODAY ANNOUNCED CIVIL PENALTY PROCEEDINGS TAKEN STEPS TO ADDRESS INCONSISTENC
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Australia sues insurer QBE over pricing discounts, shares slip

UPDATE 3-Australia sues insurer QBE over pricing discounts, shares slip ASIC seeking civil penalties, declarations and adverse publicity orders QBE to review pleadings and work with ASIC QBE shares down 1.1% Rewrites throughout with details and background, adds shares in paragraph 3 Oct 23 (Reuters) - Australia's corporate regulator is taking QBE QBE.AX to court, alleging that the country's biggest insurer by gross written premiums misled more than half a million customers about discounts on var
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Australia regulator begins court proceedings against QBE over pricing discounts

Australia regulator begins court proceedings against QBE over pricing discounts Oct 23 (Reuters) - Australia's corporate regulator said on Wednesday it is taking insurance firm QBE QBE.AX to court, alleging that the company misled customers around the value of discounts offered on certain general insurance products. Reporting by Shivangi Lahiri in
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Aussie prudential regulator intends to replace banks' hybrid capitals

UPDATE 4-Australia regulator seeks to make banks phase out issuing hybrid securities APRA intends to simplify use of hybrid bonds Move to simplify bank capital requirements, remove risk Transition to begin from January 2027 Rewrites throughout with further updates on details and background By Rishav Chatterjee Sept 10 (Reuters) - Australia's prudential regulator is proposing to bar banks from issuing certain hybrid securities to help meet their capital requirements starting in 2027 as retail inv
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Corn extends losses to third session; wheat drops to one-week low

GRAINS-Corn extends losses to third session; wheat drops to one-week low SINGAPORE, Sept 9 (Reuters) - Chicago corn lost more ground on Monday, while soybeans edged higher with market participants taking positions ahead of U.S. supply-demand reports due later this week. Wheat dropped to its weakest levels in one week amid ample Black Sea supplies, although lower output in Europe limited losses.
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Qbe Insurance Announces Priced Issue Of A$400 Mln Of Floating Rate Subordinated Notes Due 2035

BRIEF-Qbe Insurance Announces Priced Issue Of A$400 Mln Of Floating Rate Subordinated Notes Due 2035 Sept 4 (Reuters) - QBE Insurance Group Ltd QBE.AX : PRICED ISSUE OF AUD400 MILLION OF FLOATING RATE SUBORDINATED NOTES DUE 2035 PRICED ISSUE OF AUD350 MILLION OF FIXED TO FLOATING RATE SUBORDINATED NOTES DUE 2039 Further company coverage: QBE.AX
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QBE Insurance Says AUD Subordinated Notes Offer

BRIEF-QBE Insurance Says AUD Subordinated Notes Offer Sept 2 (Reuters) - QBE Insurance Group Ltd QBE.AX : AUD SUBORDINATED NOTES OFFER PROPOSED ISSUE OF AUD FLOATING RATE SUBORDINATED NOTES AND/OR AUD FIXED-TO-FLOATING RATE SUBORDINATED NOTES EXPECTS PROCEEDS TO FUND TIER 2 CAPITAL Source text for Eikon: ID:nASX33fHNw Further company coverage: QBE.
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Aussie insurer IAG says rise in claims, third-party costs to push up premiums

UPDATE 3-Aussie insurer IAG says rise in claims, third-party costs to push up premiums Rewrites with updates on share price, premium rises and outlook By Himanshi Akhand and Rishav Chatterjee Aug 21 (Reuters) - Insurance Australia Group IAG.AX said on Wednesday it expects premiums to keep rising because of a huge jump in loss claims and third-party costs for home and automobile repairs, sending its shares more than 3% lower.
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Street View: Analysts trim PT on Australia's QBE Insurance after weak outlook

BUZZ-Street View: Analysts trim PT on Australia's QBE Insurance after weak outlook ** Australia's QBE Insurance QBE.AX last week lowered its FY24 gross written premiums growth (GWP) view to ~3% from mid-single digit ** QBE in mid-June announced closure of its North America middle-market segment, impacting its GWP growth ** Shares extend losses, dow
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Australia's QBE Insurance at 6-month lows on profit miss

BUZZ-Australia's QBE Insurance at 6-month lows on profit miss ** QBE QBE.AX falls ~5% to six-month-low of A$15.490 ** Insurer's H1 profit doubles, but misses estimates ** Trading vol of 5.2 mln is above 30-day avg of 3.5 mln ** Stock last down ~3%, taking week's losses to ~8.5% ** Stock set for worst week since late Feb/early March, 2022 ** Still s
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Australian shares track Wall Street higher as US data eases recession fears

Australian shares track Wall Street higher as US data eases recession fears Aug 9 (Reuters) - Australian shares opened higher on Friday, in tandem with Wall Street's overnight strength, as U.S. jobs data calmed investor fears over a possible recession, while local gold and energy stocks tracked a surge in commodity prices. The S&P/ASX 200 index .AXJO was up 0.6% at 7,727.8 points, as of 0034 GMT.
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Australian insurer QBE taps RiverStone, Enstar to de-risk $1.6 bln reserves exposure

UPDATE 1-Australian insurer QBE taps RiverStone, Enstar to de-risk $1.6 bln reserves exposure Updates with further details and background throughout Aug 9 (Reuters) - Australia's QBE Insurance QBE.AX said on Friday it had entered transactions with Britain-based RiverStone International and global insurance group Enstar ESGR.O in a bid to de-risk the firm's exposure to reserves totalling about $1.6 billion.
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Australia's QBE Insurance first-half profit more than doubles, but misses estimates

UPDATE 3-Australia's QBE Insurance first-half profit more than doubles, but misses estimates HY profit after tax more than doubles Enters reinsurance deals to de-risk exposure to reserves FY GWP growth estimate lowered to 3% Shares hit lowest since Jan. 30 Updates with analyst comment, share moves, and further details on results By Ayushman Ojha and Rishav Chatterjee Aug 9 (Reuters) - Australia's QBE Insurance Group QBE.AX on Friday reported a more than twofold jump in its first-half profit, boo
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QBE Insurance Says Entered Reserve Transactions With RiverStone International And Enstar

BRIEF-QBE Insurance Says Entered Reserve Transactions With RiverStone International And Enstar Aug 9 (Reuters) - QBE Insurance Group Ltd QBE.AX : ENTERED INTO IMPORTANT RESERVE TRANSACTIONS WITH RIVERSTONE INTERNATIONAL AND ENSTAR TRANSACTIONS THAT WILL DE‑RISK  GROUP'S EXPOSURE TO RESERVES TOTALLING $1.6 BILLION $1.6 BILLION RESERVE TRANSACTIO
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Australian insurer QBE taps RiverStone, Enstar to de-risk $1.6 bln reserves exposure

Australian insurer QBE taps RiverStone, Enstar to de-risk $1.6 bln reserves exposure Aug 9 (Reuters) - Australia's QBE Insurance QBE.AX on Friday said it had entered reserve transactions with RiverStone International and Enstar ESGR.O in a bid to de-risk the firm's exposure to reserves totalling $1.6 billion. Reporting by Rishav Chatterjee in Benga
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