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| Financial industry body presses China to further reform capital markets SHANGHAI (Reuters) – China needs to further open its capital markets and create a level playing field for foreign investors while allowing more risk-hedging tools in the country's markets, the head of an Asian securities industry body said on Tuesday. Mark Austen, CEO of Asia Securities Industry ...
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| Dow's 670-point surge belies fact that stock market is on the brink of an absolute breakdown U.S. stocks are coming off the biggest weekly decline in more than two years, and the aftermath of that drop has market technicians warning that major indexes are on the verge of a full-fledged, technical breakdown. "The extent of the deterioration in equities is very much a concern given the combination ...
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| London still on top, but North American, Asian markets close in on financial center rankings Financial service professionals are increasingly confident in the world's leading financial centers, with a bias toward stronger and more established cities, finds the Global Financial Centres index. London and New York remained on top of the rankings, which scored cities according to assessments ...
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