SINGAPORE (Reuters) – The provisional liquidators of MF Global’s Hong Kong business said on Wednesday they have won court approval to return HK$500 million ($64.25 million)of client money, around 40 percent of the total that was held by the brokerage. The payment is an interim one, with liquidators optimistic that customers of MF Global Hong Kong Limited will eventually get most of their money …
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South Korea is prepared to take “prompt” action to stabilize markets should it be needed as Europe’s sovereign debt crisis deepens, the country’s vice...
