INVESTORS WITHDRAW $25.8 BILLION FROM U.S. EQUITY FUNDS: BofA REPORT

Highlights

• Citing data for the week to September 23 from EPFR, a financial flow tracking firm, BofA analysts said that the money was pulled out of sectors which have been the main beneficiaries of the rebound in the wake of the COVID-19 March crash

• The BofA analy...

China's top policymakers promised more active measures to ensure stable growth next year

China's top policymakers promised more active measures to ensure stable growth next year as the world's second-largest economy faces growing downward pressure in the midst of an ongoing recession and protracted trade war with the US. Their decisions, made public in a statement by the offi...