Category: Economy News

A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector. Source link

Swedbank defended its money laundering controls after Swedish television said it had uncovered documents linking the bank to suspicious transactions with Danske in Estonia. Source link

New guidelines out this week give legal recourse to individuals who have been harassed, punished or fired because of the style of their hair. Source link

A proposal to tax wealth finds support across party lines, along with the premise that the government should combat inequality. Source link

A decline in residential real estate has led several recessions. With construction still in a multiyear slump, it seems unlikely to be the culprit this year. Source link

U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a “magical” date. Source link

England’s High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around 9 billion pounds ($11.69 billion) in assets to a new Irish company just before the starting… Source link

The group also recently responded to the recommendations from the Royal Commission Source link

The bank saw its home loan portfolio grow, but sentiment was subdued Source link

The company’s $12.3 billion investment fund is coming under scrutiny over potential conflict of interest. Source link