China to launch market-making on STAR Market

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SHANGHAI (Reuters) - China's securities regulator said on Friday it will introduce a market-making mechanism to Shanghai's Nasdaq-style STAR Market.

S.Africa’s Discovery forecasts jump in half-yearly profit

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(Reuters) - South African insurer Discovery forecast on Friday a higher half-yearly profit, supported by new clients at its health insurance business and adequate provisions to cushion the impact of

Credit Suisse names wealth executive as new sustainability chief – memo

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By Simon Jessop and Brenna Hughes Neghaiwi LONDON (Reuters) - Credit Suisse has appointed wealth management executive Emma Crystal as its new chief sustainability officer, replacing Marisa Drew, who

Deadly U.S. tornadoes to cost insurers about $3 billion- KCC

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(Reuters) - Catastrophe modeling firm Karen Clark & Company (KCC) said on Tuesday it expects insured losses of about $3 billion from the swarm of tornadoes and severe convective storms that caused

CSOP’s China bond ETF grows 10-fold amid robust foreign inflows

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SHANGHAI (Reuters) - A Hong Kong-listed China onshore bond fund saw its size jump 10-fold over the past month on strong money inflows, its asset manager said on Tuesday, underscoring growing foreign

Column-Wall Street boom or bubble? Don’t blame it all on the Fed: Jamie McGeever

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By Jamie McGeever (Reuters) - Wall Street is screeching to yet another all-time high, just as the Fed's Jackson Hole symposium is set to address wealth inequality and the central bank's role in

Vanguard says it supported more environmental and social resolutions

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By Ross Kerber (Reuters) - Vanguard Group Inc said on Tuesday it supported environmental and socially focused shareholder resolutions 20% of the time this year, up from 6% in 2020, as climate change

BBVA’s Q4 net profit rises 1.6% y/y buoyed by Mexico and lower provisions

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MADRID (Reuters) - Spain's BBVA on Thursday said its fourth quarter net profit rose 1.6% compared to the same period in 2020 due to a strong performance in Mexico, its main market, and lower

ING to quit French retail banking market, jobs at risk

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PARIS (Reuters) -Dutch financial services company ING will quit the French retail banking business, it said on Tuesday, in a move that could affect 460 employees.

Billions of lockdown savings funnelled to funds

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(Reuters) - Asset managers St James's Place, Rathbone and Man Group saw billions of pounds in inflows during the first half of the year, as household savings jumped during COVID-19 lockdowns, their

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