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Former Fed chair Greenspan sees no stock excess, warns of bond market bubble + MORE Aug 1st
While the consensus of forecasters is still for low rates to persist, Alan Greenspan isn’t alone in warning they will break higher quickly
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S. Korea to halt work at joint industrial park with N. Korea + MORE Feb 10th
SEOUL, South Korea – South Korea said Wednesday that it would suspend operations at a joint industrial park with North Korea in response to the North’s recent rocket launch, the first time in the park’s decade of operation that Seoul has halted work there.
The move comes after Nort.... More »
At midday: TSX falls with gold, oil; Amaya slumps after CEO charges + MORE Mar 23rd
Canada’s main stock index fell on Wednesday as gold miners and other materials stocks weighed with lower gold and other commodity prices, and insider trading charges sunk Amaya shares
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Is the 4% Rule obsolete? Jul 31st
Over the half decade I’ve written this column and attempted to practice what it preaches, a central pillar has been the so-called 4% Rule. As originally postulated by Certified Financial Planner and author William Bengen, that’s the rule of thumb that retirees can safely withdraw 4% of the value.... More »
Changes to the MLS® Home Price Index - Toronto Real Estate Board Jun 1st
Changes to the MLS® Home Price Index Toronto Real Estate Board.... More »
Head of China’s 4th largest state-owned bank resigns, citing personal reasons
– canadianbusiness.com
BEIJING, China – The head of China’s fourth-largest state bank has resigned citing personal reasons.
No other details have been given about the departure of Agricultural Bank of China president Zhang Yun. The resignation of the 56-year-old executive comes amid an ongoing campaign against corruption in the Chinese government, the military and state industries.
A massive stock market sell-off over the summer has also lately focused investigators’ gaze on the financial sector.
A notice Friday on the Hong Kong stock exchange’s website says Zhang’s resignation took immediate effect. It says there are no issues related to his departure that should be of concern to bank shareholders or creditors.
With the economy slowing, profits among China’s top four state-run banks slumped in the first three quarters, with Agricultural Bank’s rising by just 0.57 per cent.
The post Head of China’s 4th largest state-owned bank resigns, citing personal reasons appeared first on Canadian Business – Your Source For Business News.
No other details have been given about the departure of Agricultural Bank of China president Zhang Yun. The resignation of the 56-year-old executive comes amid an ongoing campaign against corruption in the Chinese government, the military and state industries.
A massive stock market sell-off over the summer has also lately focused investigators’ gaze on the financial sector.
A notice Friday on the Hong Kong stock exchange’s website says Zhang’s resignation took immediate effect. It says there are no issues related to his departure that should be of concern to bank shareholders or creditors.
With the economy slowing, profits among China’s top four state-run banks slumped in the first three quarters, with Agricultural Bank’s rising by just 0.57 per cent.
The post Head of China’s 4th largest state-owned bank resigns, citing personal reasons appeared first on Canadian Business – Your Source For Business News.
ReutersTurkish energy projects unharmed by row with Russia, says ErdoganReutersISTANBUL Turkey's row with Moscow over the downing of a Russian jet over Syria has not affected joint energy projects, Turkish President Tayyip Erdogan said on Saturday. Russia has imposed trade sanctions against Turkey, including freezing investment …RPT-EXCLUSIVE -US puts request for bigger Turkish air role on hold over Russia …Reuters UKUS puts request for bigger Turkish air role on hold over Russia tensionsDaily Mail'Allah took their sanity': Putin accuses Turkish management of 'aiding terror'The Times (subscription)Daily Sabah -RadioFreeEurope/RadioLiberty (blog)all 9,971 news articles »
