Stocks close lower as utilities drop 1 pct

Stocks close lower as utilities drop 1 pct

U.S. stocks closed lower Tuesday, with utilities falling 1 percent, as investors analyzed strong consumer data while keeping an eye on Federal Reserve ahead of Friday’s jobs report. Read More »

CCG Strategic Industrial Growth Note Dominates Peers

CCG Strategic Industrial Growth Note Dominates Peers

Capital Clearance Group Strategic Industrial Growth Note was launched on November 2010. Since then, the note has provided stellar returns to investors, outpacing most fixed income peers. Read More »

Pimco to Hire 20 People to Target $17.4 Trillion Asian Wealth

Pimco to Hire 20 People to Target $17.4 Trillion Asian Wealth

Hong Kong and Singapore have benefited from funds flowing out of China to seek dollar-denominated assets amid a weakening yuan. Pimco’s wealth management in Asia excluding Japan has experienced “significant” growth in net inflow this year. Read More »

The Bank of Japan’s move is bad for us

The Bank of Japan’s move is bad for us

In a move that was signaled by the Nikkei business daily minutes ahead of the decision, the BOJ said it will apply a rate of negative 0.1 percent to excess reserves that financial institutional place at the bank, effective Feb. 16. Read More »

One tech VC is increasingly bullish on China

One tech VC is increasingly bullish on China

20-year-old firm with operations in Beijing, Tokyo and Silicon Valley, is aiming to raise $400 million for a China-focused fund, which would be 21 percent bigger than its previous fund from early 2014. Read More »

 

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Europe joins sell-off but Wall Street eyes rebound

World markets battled to regain their poise on Tuesday after another round of tech and trade war worries had clobbered shares and oil prices tumbled on signs of rising Russian supply and Saudi price cuts. Europe’s main markets in London,

As Wall Street sinks, Trump is his own worst enemy

As far as the stock market is concerned, U.S. President Donald Trump is, right now, his own worst enemy. The president – who frequently touted Wall Street’s rally following his 2016 election victory – was partly blamed for a sharp

Trump says DACA deal for young immigrants is off

President Donald Trump said on Sunday that there will be no deal to legalize the status of young adult immigrants called Dreamers and he said the U.S.-Mexico border is becoming more dangerous. After tweeting a “Happy Easter” message on Twitter,

South Korea says watching Beijing ‘very closely’ amid reports of Kim visit

Events are unfolding quickly on the Korean peninsula with planned summits between North and South Korea and the United States, a presidential official in Seoul said on Tuesday, amid reports that North Korean leader Kim Jong Un is in China.

U.S. and EU expel scores of Russian diplomats in response to nerve attack in UK

The United States said on Monday it would expel 60 Russian diplomats, joining governments across Europe in taking action against the Kremlin for a nerve agent attack on a former Russian spy in Britain that they have blamed on Moscow.

China air force drills again in South China Sea, Western Pacific

China’s air force has held another round of drills in the disputed South China Sea and the Western Pacific after passing though Japan’s southern islands, the air force said on Sunday, calling such exercises the best preparation for war. China

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Trump picks hardliner Bolton to replace McMaster as national security adviser

U.S. President Donald Trump shook up his foreign policy team again on Thursday, replacing H.R. McMaster as national security adviser with John Bolton, a hawk who has advocated using military force against North Korea and Iran. The move, announced in