Posted at 03:14h
in
News
by KMFSLLP
BEIJING, March 7 (Reuters) - China's insurance regulator on
Wednesday greatly expanded rules that govern shareholding in the
country's insurers in a bid to make ownership structures more
transparent.
...
Posted at 02:57h
in
News
by KMFSLLP
March 6 (Reuters) - The top executives of gun maker American
Outdoor Brands Corp on Tuesday defended their safety
efforts in a letter to asset manager BlackRock Inc
posted on the website of the maker of Smith & Wesson guns.
...
Posted at 02:56h
in
News
by KMFSLLP
WASHINGTON, March 6 (Reuters) - Gary Cohn, the top economic
adviser to U.S. President Donald Trump and a voice for Wall
Street in the White House, said on Tuesday he would resign, a
move that came after he lost a fight over Trump's plans for
hefty steel and aluminum...
Posted at 02:06h
in
News
by KMFSLLP
March 6 (Reuters) - The number of U.S. options-based funds
grew steadily over the last three years and the assets under
management at these funds hit a record high in 2017, even as
equity market volatility plummeted, according to a study
released on Tuesday.
Posted at 01:58h
in
News
by KMFSLLP
SHANGHAI, March 7 (Reuters) - China's central bank lent
105.5 billion yuan ($16.67 billion) to financial institutions on
Wednesday via its 1-year medium-term lending facility (MLF), it
said in a statement.
...
Posted at 22:49h
in
News
by KMFSLLP
March 6 (Reuters) - S&P Global Inc will buy
artificial intelligence and analytics firm Kensho Technologies
Inc for about $550 million in cash and shares, the ratings
agency said on Tuesday.
...
Posted at 22:44h
in
News
by KMFSLLP
WASHINGTON, March 6 (Reuters) - Top White House economic
adviser Gary Cohn, a Wall Street banker who became a key
architect of the 2017 tax overhaul and a bulwark against
protectionist forces within the Trump administration, is
resigning, the White House said on Tuesday.
Posted at 22:42h
in
News
by KMFSLLP
NEW YORK, March 6 (Reuters) - Digital asset exchange
Coinbase announced on Tuesday the launch of its first-ever index
fund, marking the company's foray into asset management.
...
Posted at 22:37h
in
News
by KMFSLLP
NEW YORK, March 6 (Reuters) - Citadel, one of the world's
largest hedge fund managers, has cut staff by more than 30
percent in one of its stock-picking units in what several people
with direct knowledge of the layoffs described as a surprise
move.
Posted at 22:37h
in
News
by KMFSLLP
NEW YORK, March 6 (Reuters) - Asian gold-backed
exchange-traded funds (ETFs) added more tonnes in February than
North America and Europe, reversing its 2017 trend of having
more flows out, the World Gold Council said on Tuesday.
