Thursday, 27 June 2019

As migrants languish in border facilities, U.S. Congress struggles to finalize emergency aid

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As migrants languish in border facilities, U.S. Congress struggles to finalize emergency aid

Congress and the White House were attempting to broker a deal over how to spend emergency aid to address the migrant surge as lawmakers, private companies and presidential candidates raised alarms about immigrants facing dangerous conditions along the U.S.-Mexico border.

U.S. funds look for 'crazy cheap' stocks as indexes hit record highs

Record highs in the U.S. stock market and the anticipation of equity-friendly interest rate cuts by the Federal Reserve later this year are prompting top-performing large-cap fund managers to seek out unloved stocks in hopes of further gains.

Your Money: Make a paycheck checkup easier, despite the IRS

The Internal Revenue Service would like American taxpayers to look over their paystubs and make sure they are withholding the right amount - please.

Kuwaiti equities to be in main MSCI emerging markets index from 2020

MSCI Inc said on Tuesday it would upgrade Kuwaiti equities to its main emerging markets index in 2020, a move that could trigger billions of dollars of inflows from passive funds.

BofA commodity arm fined by DOJ for trading practices

Bank of America Corp's commodity arm Merrill Lynch Commodities Inc has agreed to pay $25 million to resolve a probe into its trading practices, the U.S. Department of Justice said on Tuesday.

Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others

Norway's $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked, the board of the central bank said on Tuesday.

UK puts mini-bond regulation under spotlight after LCF collapse

Britain's finance ministry said on Monday it would look at whether the regulation regime around mini-bond investments, used to raise funds for small businesses, is up to scratch following the collapse of investment firm London Capital & Finance (LCF).

Natixis' H2O sells some illiquid debt to try to staunch outflows

H2O, one of French bank Natixis' asset management businesses, has sold off some illiquid assets and removed entry fees across its funds as it tries to stem outflows of customer money.

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