China'sstateeconomicplannerreleasedadocumentWednesdaytoguidethedevelopmentofoutboundinvestmentandfinancingfunds,eyeingmorecapitalfortheBeltandRoadInitiativeandb
AssetsmanagedbyChina'smoneymarketfundshavehitarecordhighassavers'demandsforhigherreturnsoninvestmentremainstrong,latestdatashowed.Moneymarketfundsmanagedover6.8
Chinawillsetupfundstotaling50billionyuan(7.6billionUSdollars)toinvestinBeltandRoadprojectsinsouthernChina'sGuangxiZhuangAutonomousRegionandASEANcountries.Thefun
DavidBeasley,newly-appointedheadoftheWorldFoodProgram(WFP),issoundingthealarmonfamineconditionsspreadingacrossfourcountries,namelySouthSudan,Somalia,Nigeria,an
Italian police on Monday arrested 68 people in a major operation targeting mafia suspects, who allegedly infiltrated one of Europe's largest migrant centers, authorities here said.
ItalianpoliceonMondayarrested68peopleinamajoroperationtargetingmafiasuspects,whoallegedlyinfiltratedoneofEurope'slargestmigrantcenters,authoritiesheresaid.Thepr
President Donald Trump’s promise to use existing funds to begin immediate construction of a wall on the U.S.-Mexico border has hit a financial roadblock, according to a document seen by Reuters.
By allowing local pension funds more latitude on investment, China has made a cautious but significant step to tackle the increasing challenges of an aging population.
Indonesia is now gearing up to welcome the repatriation of funds from its taxpayers deposited in foreign countries through the implementation of tax amnesty program with many of its agencies now prepare additional services to welcome the funds and possible investments at home to accommodate the funds.
MSCI Inc. isn’t usually a name that springs to mind when one thinks of the most powerful players in the global equity market.
The number of British property funds suspended after the country’s vote to leave the EU more than doubled on Wednesday, leaving over £18 billion ($23 billion) frozen in the biggest seizing up of investment funds since the 2008 financial crisis.
The Tokyo assembly accepted the resignation of Tokyo Governor Yoichi Masuzoe on Wednesday evening following his involvement in a fund scandal, with his departure coming into effect next Tuesday.
The resignation Wednesday of Tokyo Gov. Yoichi Masuzoe for his misappropriation of political funds has once again brought to the fore the inherent "wheeler-dealer" type of dealings that have plagued Japanese politics for decades.
Tokyo Governor Yoichi Masuzoe on Wednesday submitted a letter of resignation to the president of the Tokyo assembly and will step down from his post for his involvement in a funds scandal, the subsequent probe into which Masuzoe was unable to sufficiently account for with the assembly set to pass a no-confidence motion against him later in the day.
Tokyo Governor Yoichi Masuzoe apologized to the public Monday following the results of a probe into allegations he misused public money in violation of the political funds law, but stated that he himself had not intentionally done anything illegal although the funds may have been "misused."
As much as 300 billion yuan ($45.5 billion) in pension funds are expected to march into the stock market in August, as China's huge social security fund is closing up its hiring by June, Securities Daily reported on Wednesday.
Cyber thieves who stole $12 million from an Ecuadorian bank in 2015 routed the funds through 23 companies registered in Hong Kong, some of them with no clear business activity, according to previously unreported court filings and judicial rulings.
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