With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into ...
State-owned insurers and mutual funds are expected to play a pivotal role in the process of stabilizing the stock market.
China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial ...
And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald Trump has threatened to impose 25% tariffs on Mexico and Canada, ...
China's non-financial outbound direct investment rose 10.5% year-on-year in dollar terms in 2024 to $143.9 billion, the ...
Rosy official data mask a deepening malaise—except for exports.
A former Mozambique finance minister was sentenced on Friday to 8-1/2 years in prison after being found guilty of participating in a fraud involving $2 billion in loans to three state-owned companies ...
Investing.com -- Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many ...
Ken Griffin’s Citadel Securities handed in its application to establish a brokerage in mainland China, paving the way for ...