The China Securities Regulatory Commission said soon after Huijin’s announcement that it will continue to guide other long-term funds to enter the market with greater intensity, while supporting listed companies to increase repurchases.
From Chinese regulator s new restrictions and Bank of Japan s plans to shift gears to Invitae s bankruptcy woes and Novartis mega acquisition bid,here s a look at some of the major developments from across the world.
China's "economic first aid package" includes a 50-basis points cut in required cash reserves for banks, translating into a $140 billion liquidity injection.