Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE), May 22, 2020. REUTERS/Brendan McDermid/File Photo July 16 (Reuters) – Investments into global bond funds dropped sharply in the week to July 14, […]
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Jack Ma’s Ant shrinks money market fund as Beijing cracks down
Ant Group’s money market fund has shrunk to a more than four-year low as users shifted their cash in the face of China’s crackdown on Jack Ma’s payments group. Funds invested in Ant’s flagship Yu’e Bao fund fell 18 per cent in the first three months of the year to […]