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Top News In ஒழுங்குமுறை பெருநிறுவன செய்தி அறிவிப்புகள் Today - Breaking & Trending Today

Vanguard suspends plans to launch mutual-fund business in China: WSJ


By Reuters Staff
2 Min Read
FILE PHOTO: People are seen at a booth of Vanguard Group at a fair during the INCLUSION fintech conference in Shanghai, China September 24, 2020. REUTERS/Cheng Leng
(Reuters) - U.S. money manager Vanguard Group dropped a plan to obtain a mutual funds licence in China, citing a “crowded” market and marking the latest shift in its Asia strategy.
Pennsylvania-based Vanguard, one of the world’s biggest mutual fund companies, said in a statement on Monday it will instead focus on opportunities in the $3 trillion Chinese mutual funds market through an existing advisory joint venture with Ant Group. ....

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Vanguard Group halts plan to seek funds licence in 'crowded' China market


By Reuters Staff
2 Min Read
FILE PHOTO: People are seen at a booth of Vanguard Group at a fair during the INCLUSION fintech conference in Shanghai, China September 24, 2020. REUTERS/Cheng Leng
(Reuters) - U.S. money manager Vanguard Group dropped a plan to obtain a mutual funds licence in China, citing a “crowded” market and marking the latest shift in its Asia strategy.
Pennsylvania-based Vanguard, one of the world’s biggest mutual fund companies, said in a statement on Monday it will instead focus on opportunities in the $3 trillion Chinese mutual funds market through an existing advisory joint venture with Ant Group. ....

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Hong Kong's tough COVID-19 rules see babies isolated, families cramped in tiny spaces


By Reuters Staff
4 Min Read
HONG KONG (Reuters) - Families in Asia’s financial hub of Hong Kong are suffering isolation and trauma after strict coronavirus rules have led to babies being separated from parents and those with newborns herded into tiny quarantine quarters for up to 14 days.
A woman holds a baby at a quarantine room following the coronavirus disease (COVID-19) outbreak, at the Penny s Bay quarantine centre on Hong Kong s Lantau island, China March 15, 2021. REUTERS/Joel Flynn
Hong Kong authorities have ordered that anyone testing positive for the virus must go to hospital, including babies, while all their close contacts, even those who test negative, are sent to makeshift quarantine camps. ....

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U.S. Senate votes to confirm Biden EPA pick Michael Regan


3 Min Read
(Reuters) - The U.S. Senate on Wednesday voted to confirm Michael Regan as the next administrator of the Environmental Protection Agency, which will play a central role in the Biden administration’s plans to slash greenhouse gas emissions from power plants, vehicles and oil and gas facilities.
FILE PHOTO: Michael Regan testifies before a Senate Environment and Public Works Committee hearing on his nomination to be administrator of the Environmental Protection Agency (EPA), on Capitol Hill in Washington, U.S., February 3, 2021. REUTERS/Brandon Bell/Pool
The bipartisan tally in the Democratic-led Senate was 66-34 to confirm Regan, who will be the first Black man to lead the EPA. ....

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