UPDATE 1-Mubadala GE Capital says to sell most assets to Chicago's Midcap Finco + MORE

[Buzz_Burner_Fresh_Updates] UPDATE 1-Mubadala GE Capital says to sell most assets to Chicago's Midcap Finco – reuters.com DUBAI, Oct 1 (Reuters) – Mubadala GE Capital, a joint venture between Abu Dhabi state fund Mubadala and General Electric’s finance business, said on Wednesday it had agreed to sell most of its assets including those held through subsidiaries. […]

Investors pull $40 billion from emerging market assets in Q3 – IIF + MORE

[Buzz_Burner_Fresh_Updates] Chicago PMI declined sharply in September – feedburner.com Chicago PMI: Sep Chicago Business Barometer Down 5.7 Points to 48.7 The Chicago Business Barometer declined 5.7 points to 48.7 in September as Production growth collapsed and New Orders fell sharply.The drop in the Barometer to below 50 was its fifth time in contraction this year […]

REFILE–China forex regulator says to cap overseas cash withdrawals + MORE

[Buzz_Burner_Fresh_Updates] China's top banks help launch $28 bln public-private partnership fund – reuters.com BEIJING, Sept 30 (Reuters) – China’s biggest banks, including Industrial & Commercial Bank of China Ltd , have joined other financial firms in a 180 billion yuan ($28 billion) fund to invest in public-private partnership (PPP) projects. Continue Reading On reuters.com ยป […]

Boeing to sell 300 jets to China firms, set up China plant: Xinhua

[Buzz_Burner_Fresh_Updates] Boeing to sell 300 jets to China firms, set up China plant: Xinhua – reuters.com BEIJING (Reuters) – Boeing Co has signed deals to sell 300 aircraft to three Chinese firms and set up an aircraft plant in China, becoming the first U.S. firm to clinch a business tie-up in the country since Chinese […]

IMF welcomes Myanmar currency reforms, says more needed

[Buzz_Burner_Fresh_Updates] IMF welcomes Myanmar currency reforms, says more needed – reuters.com WASHINGTON, Sept 18 (Reuters) – The International Monetary Fund welcomed Myanmar’s “bold move” to liberalize its foreign exchange rules in a report published on Friday and warned that the poor Asian country would need to tighten monetary policy and reduce credit expansion. Continue Reading […]