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Best-performing China bank stock may have room to rise by 23 percent

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Bloomberg President Xi Jinping’s push to spur lending in his economy stands to benefit Postal Savings Bank of China Ltd., whose ubiquitous green-fronted outlets have been luring deposits across the nation. This branch network, the widest in the world, has become a source of cheap funds for the lender, ensuring it’s better placed than rivals amid the government’s crackdown on ...

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Canada, UK have this gauge to fear amid turmoil: Goldman

Goldman sachs 4th quarter and full year results on 20 january 2016

Bloomberg One under-appreciated indicator is flashing red for some developed markets, Goldman Sachs analysts say. The private-sector financial balance — an economy’s total income minus the spending of all households and businesses — has proven more powerful in predicting crises than the current-account balance, Goldman analysts led by Jan Hatzius, the bank’s global head of economics, wrote in an August ...

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Pound traders brace for increased turbulence as summer lull ends

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Bloomberg Pound investors hoping for a turnaround anytime soon could instead face more turbulence. The UK’s and the European Union’s plan to negotiate Brexit continuously from now on suggests there will be more political headlines, potentially fueling volatility, according to strategists at Royal Bank of Canada and Australia & New Zealand Banking Group Ltd. With UK markets shut for a ...

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