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China Inc.’s investment bank dives into troubled retail market

  Bloomberg China International Capital Corp., the investment bank ex-Premier Zhu Rongji set up two decades ago to help restructure the Chinese economy, is again taking on a role that fits with the government’s agenda. CICC’s $2.5 billion acquisition of China Investment Securities Corp. will plunge the firm into the retail investor market, a segment it had long shunned because ...

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Market turmoil may cause Fed to delay hike: BlackRock

  Bloomberg BlackRock Inc., the world’s largest money manager, said that market turmoil resulting from Donald Trump’s presidential victory may cause the Federal Reserve to hold off on an interest rate increase in December. “Any Fed delay in raising rates is a near-term negative,” according to a bulletin released by the New York-based company. Prior to the result, the Fed ...

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Smart agriculture is the way out!

  Paris / AFP Diplomatic wrangling this week will make the headlines in the fight against climate change, but experts say a bigger but largely unseen battle is set to unfold on the world’s farms. Agriculture holds the double distinction of being highly vulnerable to climate change but also offering a solution to the problem, they say. In a report ...

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