SHANGHAI (Reuters) - China is considering steps to allow overseas firms to float shares in the country and foreign institutions to invest yuan they hold in domestic markets, state media on Saturday quoted a government document as saying.
Reuters
JPMorgan has returned $600 million of MF Global money: WSJ
(Reuters) - JPMorgan Chase & Co has returned about $600 million that was at the bank when MF Global Holdings Ltd went bust in October, the Wall Street Journal reported late on Friday citing people familiar with the matter.
Japan to ask SEC to join insider trading crackdown: sources
TOKYO (Reuters) - Japan's securities regulator plans to ask the U.S. Securities and Exchange Commission (SEC) to cooperate in a widening probe of insider trading in Japanese shares, two sources with knowledge of the situation said on Saturday.
Consumer spending strengthens, inflation eases
WASHINGTON, June 1 - Consumer spending rose modestly in April while incomes grew more slowly and inflation pressures eased, according to Commerce Department data published on Friday.
