China's securities regulator has
urged mutual fund houses to support cash-strapped listed firms,
and help mitigate risks associated with pledged share financing,
the official China Securities Journal reported on Tuesday.
Hedge fund managers were net
sellers of petroleum-linked futures and options for a fifth week
running last week as concerns about sanctions on Iran evaporated
and investors refocused on economic worries.
October was a bruising month for
investors, caught on the wrong side of violent price swings
across a wide range of markets. By many measures of position
shifts, trading volume and fund performance, it was a historic
British consumers perked up
slightly last month but gave little sign they were returning to
their free-spending ways of the past summer, due to a lack of
confidence about the economic outlook, industry data showed on