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U.S. fund investors pull most cash from ‘junk’ in two months: Lipper

U.S. fund investors pull most cash from ‘junk’ in two months: Lipper

Published 19/01/2018

NEW YORK (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield “junk” bonds during the latest week, Lipper data showed on Thursday, offering new [more…]

Ant Financial says has received approval for new consumer-credit backe

Ant Financial says has received approval for new consumer-credit backe

Published 15/01/2018

FILE PHOTO: A logo of Ant Financial is displayed at the Ant Financial event in Hong Kong, China November 1, 2016. REUTERS/Bobby Yip/File PhotoBEIJING (Reuters) [more…]

JPMorgan profit beats on higher interest rates- debt trading down

JPMorgan profit beats on higher interest rates- debt trading down

Published 12/01/2018

FILE PHOTO: A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, U.S., November 13, 2017. [more…]

China likely to set M2 growth target at record low next year: China Da

China likely to set M2 growth target at record low next year: China Da

Published 25/12/2017

A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/IllustrationBEIJING (Reuters) - China is likely to set its 2018 money [more…]

Russian finmin sees economy growing 1.8-2 pct in 2017: Ifax

Russian finmin sees economy growing 1.8-2 pct in 2017: Ifax

Published 24/12/2017

FILE PHOTO: Russian Finance Minister Anton Siluanov attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017. REUTERS/Sergei Karpukhin/File PhotoMOSCOW [more…]

Column: Student tax breaks survive the tax bill, make the most of them

Column: Student tax breaks survive the tax bill, make the most of them

Published 20/12/2017

FILE PHOTO - Graduates celebrate receiving a Masters in Business Administration from Columbia University during the year's commencement ceremony in New York in this May [more…]

China cracks down on online micro-lending firms with new rules

China cracks down on online micro-lending firms with new rules

Published 01/12/2017

BEIJING (Reuters) - China’s financial regulators on Friday circulated new rules to local governments targeting a rampantly growing online micro-lending sector, part of a campaign [more…]

U.S.-listed Chinese financial firms drop as China sets new rules

U.S.-listed Chinese financial firms drop as China sets new rules

Published 01/12/2017

The Qudian app logo is seen on a smartphone in an illustration photo taken in Beijing, China December 1, 2017. REUTERS/Jason Lee/Illustration(Reuters) - U.S.-listed shares [more…]

U.S. regional banks delve deeper into advisory services to boost growth

U.S. regional banks delve deeper into advisory services to boost growth

Published 30/11/2017

FILE PHOTO: A branch location of Fifth Third Bank is shown in Boca Raton, Florida, January 21, 2010. REUTERS/Joe Skipper(Reuters) - Squeezed by lower loan [more…]

China banking sector assets up 10 percent year-on-year at end-October: regulator

China banking sector assets up 10 percent year-on-year at end-October: regulator

Published 27/11/2017

BEIJING (Reuters) - The value of assets held by China’s banking sector rose 10.0 percent to 241.58 trillion yuan ($36.61 trillion) as of end-October compared [more…]