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A survey of factory purchasing managers confirms that Chinese manufacturing shrank this month for the first time in half a year. Thursday backs up a preliminary version earlier this month that unsettled global investors by raising fears the world's
22pm GT Capital Holdings Inc. has fully consolidated Charter Ping An Insurance Corp. under its wing after it acquired the remaining shares for P712 million. In a statement disclosed to the Philippine Stock Exchange Tuesday, GT Capital said it bought
A sputtering domestic engine", Leif Eskesen, chief economist for India and Asean, noted that policy-makers must roll out a red carpet of reforms, as domestic demand faced "headwinds", while external demand might pick up.
Sevens World Series in Las Vegas, USA, off the back of an emotional Cup win on home soil in December. Just days after the sad passing of Nelson Mandela, the blitzbokke came from 14-0 behind to beat New Zealand 17-14 and lift their first Cup of the
First Niagara Bank provides retail and commercial banking services in New York, Pennsylvania, Connecticut, and Massachusetts, sank as much as 12% after fourth-quarter earnings results were released. So what: First Niagara Financial said it delivered
Listeners have told Radio 4's Money Box they were stopped from withdrawing amounts ranging from £5,000 to £10,000...But this time it was different, as he told Money Box: "When we presented them with the withdrawal slip, they declined to give us the
Activity in China's factory sector contracted in January for the first time in six months as new orders declined, a preliminary private survey showed on Thursday, confirming that a mild slowdown at the end of 2013 has continued into the new year.
JP Morgan Chase to arrange the roadshows, which will take place in Asia, the Middle East and Europe starting on Jan. 23. A dollar-denominated bond issue may follow the roadshows, subject to market conditions, the statement added. The firm is the
Sales will probably match the 2012 high, the rating company said in a note last week even amid the slowest start to issuance since 2010...Borrowers sold $133 million of syndicated sukuk to January 19, the least since $47 million in the same period
Citi said on Monday it had launched an automated RMB cross-border pooling solution for its clients in the China (Shanghai) Free Trade Zone, a move that could help multinational companies optimize their cash management and enhance capital efficiency.