Federal Reserve Board Vice Chair for Supervision Michael Barr highlighted on Tuesday that transparent external communication grounded in a realistic assessment can help stabilize markets in times of financial crisis. Addressing attendees at Yale School of Management, Barr stressed that fostering an...
China's State Council announced on Friday in a document guidelines that would help boost oversight, minimize risks, and enhance "high-quality" growth in the futures market.According to the document, China's Securities Regulatory Commission (CSRC) advised banks to "enhance credit management...
Japan's Finance Minister Shunichi Suzuki asserted on Friday that July's foreign exchange (FX) intervention was successful in addressing excessive market volatility.Suzuki emphasized that sudden FX movements are undesirable and that currencies should fluctuate in a stable manner, stressing he would...
The International Corporate Governance Network (ICGN) sent a letter to the United Kingdom Chancellor of the Exchequer Jeremy Hunt and the Financial Conduct Authority regulator cautioning that a revamp of listing regulations aimed at enticing additional growth firms to the UK marketplace may...
Stocks on Wall Street extended premarket gains on Wednesday after an unconfirmed news report that China is still open to a "partial trade deal" with the United States in spite of the latest measures against its companies. Furthermore, unnamed insiders claimed the representatives of the...
European stock markets opened the trading session on Wednesday higher despite renewed tensions surrounding North Korea, after Pyongyang launched a series of missiles that flew over Japan on Tuesday. President of the United States Donald Trump reacted by saying that "all options are on...
European stock index futures pointed towards a higher open on Wednesday as investors digested the first address to Congress of United States President Donald Trump and awaited PMI data.
Speaking to members of Congress earlier, the president stated he was bringing jobs back by...
Unilever plc plunged over 8% shortly after trade started on Monday following the news that Kraft Heinz Co. withdrew its offer to acquire the consumer goods company.
On Friday, Kraft Heinz confirmed it made an official merger bid to Unilever, which resulted in the British-Dutch company’s stock...
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