World Economic Magazine

China securities watchdog seeks closer cooperation with U.S.

China's securities regulator said on Sunday it will seek closer cooperation with its U.S. counterpart and will support overseas listings,…

5 years ago

Allianz cooperating as DOJ probes Structured Alpha Funds

The U.S. Department of Justice has begun an investigation relating to Allianz Global Investors' Structured Alpha Funds, following litigation pending…

5 years ago

China’s factory activity in July grows at slowest pace since Feb 2020

China's factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance…

5 years ago

Beyond the meme: finance gets serious on going viral

Ian Rogers used to be in charge of digital strategy for luxury fashion group LVMH. Now he has a new…

5 years ago

Schroders’ assets near $1 trillion, aided by low interest rates

Low interest rates are bolstering money managers like Schroders (SDR.L), its chief executive said on Thursday as the British firm…

5 years ago

Marketmind: A step closer to Fed taper, quelle surprise!

The main reveal from the Fed's statement was that it was inching closer to a policy normalisation announcement and that…

5 years ago

UK mortgage lending booms but consumers stay wary about debt

British mortgage lending showed a record surge in June as home-buyers rushed to qualify for a tax break before it…

5 years ago

Fed says economic recovery remains on track despite COVID-19 surge

The U.S. economic recovery is still on track despite a rise in coronavirus infections, the Federal Reserve said on Wednesday…

5 years ago

AstraZeneca COVID-19 sales jump as drugmaker navigates vaccine challenges

Second-quarter sales of AstraZeneca's (AZN.L) COVID-19 vaccine more than tripled to $894 million from the first quarter, but the drugmaker…

5 years ago

Chinese stocks in tentative bounce, Fed in no hurry to taper

Asian shares managed a semblance of calm on Thursday as the U.S. Federal Reserve signalled it was in no rush…

5 years ago