Exports and imports both fell 2.2%
Tensions between the U.S. and China will likely manifest over the long term, says a National Bank report
Trade tensions are “the major factor,” says WTO director-general
An increase in the weighting of China A shares will be phased in by November
The funds will benefit from increased diversification, although questions remain about corporate governance in China
New MOU signed between the two banks will help BMO build on its asset-management capabilities
The move is credit positive for Chinese banks and other financial institutions
China has announced plans to increase the limit on foreign control of financial firms to 51%
Hong Kong’s SFC urges investors to be mindful of potential scams as well as the investment risks involved in ICOs
Both firms now each hold a 13.9% stake in the fund company, which had $232 billion in AUM and 40 million retail clients at the end of 2016