Funding & Business
China Vanke Seeks to Extend Some Bank Loans by Up to 10 Years
China Vanke Co. is seeking to extend some of its domestic bank loans by as much as 10 years, according to people familiar with the matter, a move that could help the state-backed developer reduce liquidity risks.
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Janus Henderson Global Head: Securitized Products and Portfolio Manager John Kerschner discusses the launching of their new ETF product JABS, Rate Cuts and how JAAA still has a place is investors’ portfolio. He speaks with Katie Greifeld, Scarlet Fu and Eric Balchunas on ‘ETF IQ.’ (Source: Bloomberg)
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The SEC is moving closer to giving its approval multi-share class structure. This would allow mutual funds to launch an ETF as a shared class of an existing product. Bloomberg’s James Seyffart has more on the story. (Source: Bloomberg)
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France’s central bank trimmed its economic outlook for the next two years, warning of downside risks from budget uncertainty following another government collapse.
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