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US startups fail to attract crowd of small investors

Bloomberg It’s been a year since US rules went into effect enabling anyone — not just the ultra-wealthy — to buy a slice of a startup. Turns out, few are interested. Investors sprinkled about $38 million across 142 companies since May 2016 when Title III of the JOBS Act allowed equity crowdfunding for non-accredited investors, according to data from industry ...

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Trump’s domestic scams cast a cloud over his trip

As President Trump embarks on his first overseas trip, he’s embracing the same defiant strategy adopted over a generation ago by an embattled predecessor, Richard Nixon. As scandal talks grow at home, Trump is licking his wounds, spurning his critics, and looking for approval from foreign leaders who admire him for being a tough guy. Trump’s combative early-morning tweets on ...

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China’s bond connect could see winners in both corners

Unlike Hong Kong’s stock-trading links with Shanghai and Shenzhen, the bond connect between the former British colony and China may not be as slow to gain traction. The People’s Bank of China and the Hong Kong Monetary Authority this week unveiled plans to establish a mutual access program between the mainland and Hong Kong bond markets. Details on timing have ...

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