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BEIJING (Reuters) - China's banking and insurance regulator issued draft guidelines on Friday on sales of wealth management products by commercial banks' wealth management subsidiaries.
China will allow such subsidaries to act as sales agents for wealth management products for now, and plans to extend the business to other financial institutions, according to the guidelines issued by the China Banking and Insurance Regulatory Commission.
SYDNEY (Reuters) - AGL Energy (OTC:AGLXY) Ltd could launch a strategic review as early as Monday as doubts grow over the Australian power producer’s plans to split into two...
HOUSTON (Reuters) -Striking union workers at Chevron Corp (NYSE:CVX)'s Richmond, California, refinery voted on Saturday to ratify the latest contract offered by the company,...
BERLIN (Reuters) - Egypt has signed a contract with industrial manufacturing company Siemens' rail and traffic unit and its consortium partners to build about 2,000 kilometres of...
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