China’s regulator on Friday published draft rules that would restrict financing businesses using stocks as collateral. The draft rules on the so-called stock pledged repurchase business, published by the Shanghai and Shenzhen stock exchanges, will curb leverage and are aimed at...
The British government should stop dreaming about having its own way in Brexit negotiations and start to get more realistic about the likely outcome of divorce talks with the European Union, said Jim O‘Neill, a former Goldman Sachs economist. Prime Minister Theresa May, who quietly...
The dollar remained mired near its lowest levels since early 2015 as European Central Bank President Mario Draghi’s suggestion that the ECB may begin tapering its massive stimulus program this autumn continued to underpin the euro. Meanwhile expectations of another interest rate hike...