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City round-up: OTAQ; Renold | TheBusinessDesk.com - Vimarsana News

City round-up: OTAQ; Renold | TheBusinessDesk.com

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Exclusive-StanChart suspends new investments from clients via China outbound channel - Vimarsana News

Exclusive-StanChart suspends new investments from clients via China outbound channel

HONG KONG (Reuters) -Standard Chartered has suspended new subscriptions by its clients in China into offshore products via a quota-based channel since last week, the Asia-focused bank said in a statement to Reuters. The London-headquartered bank cited "commercial reasons" as its explanation for the suspension of new investments under the qualified domestic institutional investor (QDII) programme. StanChart's move comes amid Beijing's efforts to stem capital outflows as weaker yuan and a slowing economy have driven savers to move assets offshore.

Source: yahoo.com
Oil States International, Inc. (OIS) CEO Cindy Taylor on Q2 2022 Results - Earnings Call Transcript - Vimarsana News

Oil States International, Inc. (OIS) CEO Cindy Taylor on Q2 2022 Results - Earnings Call Transcript

Oil States International, Inc. (NYSE:NYSE:OIS) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Ellen Pennington - Counsel & Assistant Corporate Secretary...