NexAmerica AM: Greek finance minister resigns; ECB to decide on funding; extraordinary measures in...
Good morning,
The European Central Bank meets today to decide whether to continue emergency funding to Greece, which...
NexAsia PM: Chinese shares outperform Asia; Manulife delays IPO
After lagging the rest of Asia for most of last week, Chinese shares Monday rebounded and ended...
Greek Finance Minister Yanis Varoufakis resigns
Yanis Varoufakis, the ever-defiant leftist Greek finance minister, announced on his blog that he will be leaving the...
Caijing: China’s Social Security Funds ordered not to sell shares
It looks like all hands are on deck at the PBoC as sources tell Caijing Magazine (Chinese)...
Chinese asset managers pledge to support stock market, says Reuters
Harvest Fund Management, Yinhua Fund Management and Orient Securities pledged to buy a combined 210 million yuan...
The SHCOMP is just ridiculous right now
“Rainbows always appear after rains,” according to the People’s Daily, referring to the fruits of Beijing’s measures...
Korea’s sovereign wealth fund sees AUM hitting $100 billion this year
Korea Investment Corp expects its AUM to rise to more than $100 billion this year from $86...
PBOC holds the key to sustain Chinese equities rise, says BofA Merrill Lynch
China’s central bank, the PBOC, probably holds the key to sustain the rise in the country’s equities...
Investors favor China’s LGFV bonds amid stock market rout, Bloomberg says
Investors picked local government financing vehicle (LGFV) bonds issued by China’s local government units or LGUs to...
China shares surge in volatile market on aggressive support measures (Update)
(Updating to rewrite lead paragraph to say stock market rises, adds Shanghai, HK performance at the open...
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