UPDATE 1-Pimco Total Return assets drop below $100 bln, first time since '07

[Buzz_Burner_Fresh_Updates] UPDATE 1-Pimco Total Return assets drop below $100 bln, first time since '07 – reuters.com NEW YORK, Sept 2 (Reuters) – Pacific Investment Management Co’s flagship fund dropped below $100 billion in assets for the first time in more than eight years, leaving it with about a third of the money it managed at […]

BRIEF-Dipula Income Fund appoints Ridwaan Asmal financial director + MORE

[Buzz_Burner_Fresh_Updates] Banned from street protest, Kazakhstanis joke and grumble over tenge's fall – reuters.com ALMATY, Aug 21 (Reuters) – Kazakhstanis took to social media on Friday to mock and grumble as vendors hiked their prices after veteran leader Nursultan Nazarbayev let the tenge currency join a global wave of devaluations. Continue Reading On reuters.com » […]

China equity fund units dropped 18 pct in July – association

[Buzz_Burner_Fresh_Updates] China equity fund units dropped 18 pct in July – association – reuters.com SHANGHAI, Aug 19 (Reuters) – Chinese investors fled stock funds in July, seeking safe haven in bond and money market funds as share prices plunged, according to latest mutual fund data. Continue Reading On reuters.com »  

Downsize me further: More Spanish banks to be swallowed up

[Buzz_Burner_Fresh_Updates] Downsize me further: More Spanish banks to be swallowed up – reuters.com MADRID, July 19 (Reuters) – High costs and low returns could soon spur a new wave of consolidation in Spain’s banking industry, where the number of banks has already dropped to 14 from 55 since the 2008 financial crisis. Continue Reading On […]

Small-business Sentiment Slides In June, NFIB Says

[Buzz_Burner_Fresh_Updates] Small-business Sentiment Slides In June, NFIB Says – foxbusiness.com Small-business sentiment dropped sharply in June, mostly on concerns over earning trends, according to an index released Tuesday. Continue Reading On foxbusiness.com »  

China money rates fall after surprise c.bank cash injection, lower rate guidance

[Buzz_Burner_Fresh_Updates] China money rates fall after surprise c.bank cash injection, lower rate guidance – reuters.com SHANGHAI, June 25 (Reuters) – Chinese money market rates dropped on Thursday after the central bank injected cash into the market for the first time since mid April and said it would moderately increase short-term liquidity. Continue Reading On reuters.com […]