In August, 41 exchange-traded funds were taken off the market, more than the total for the first six months of the year, when 40 ETFs closed. Based on announcements for September, the number of ETFs […]
Japan’s consumer confidence posted a month-over-month gain in August, the first in two months, signaling optimism about the factors that influence their attitudes. The Cabinet Office said its consumer confidence index rose to 42. Market […]
Spain’s Telefonica said it has started working on an initial public offering of British mobile telephone operator O2. Analysts said the deal will probably value O2 at about the £10.25 billion that CK Hutchison Holdings […]
The World Federation of Exchanges responded to the European Securities and Markets Authority’s discussion paper on blockchain by calling for a global approach to distributed ledger technology. The introduction of regulatory sandboxes like those for […]
The Group of 20 nations’ leaders reached agreement on the need for increased spending as well as to use other fiscal, monetary and structural tools to bolster the world’s faltering economy. The closing communique also […]
Disappointing US job creation in August might persuade the Federal Reserve to hold off on an interest-rate increase this month, experts say. Nonfarm payrolls increased by 151,000, short of economists’ expectation of 180,000. Bloomberg (02 […]
Three airlines in Vietnam have ordered about $6.5 billion worth of aircraft from Airbus. The country’s only private airline, VietJet Aviation Joint Stock, bought 20 A321s, while state-owned Vietnam Airlines purchased 10 A350s and affiliate […]
Assets under management by South Korean hedge funds have topped 6 trillion won less than six years after such investments were allowed. The funds have seen an accelerating pace of interest from wealthy investors, with […]
Posting the fourth straight month of improvement, the Nikkei Singapore purchasing managers’ index rose to 52.3 in August from the previous month’s 50.7. IHS Markit, which compiles the index, added a cautionary note over the […]
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