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Banking 23 Oct 2020 | 7:00 AM

Citigroup beefs up China expansion with investment bank plan

HONG KONG: Citigroup Inc is planning to include an investment banking unit in China to take advantage of an expected steady stream of big stock deals as the nation opens up and liberalises its financial markets, a person familiar said.

World 18 Oct 2020 | 6:55 AM

Roundup: U.S. equities post modest weekly gains amid stimulus uncertainty, economic data

NEW YORK, Oct. 17 (Xinhua) -- Wall Street's major averages eked out modest gains in the week as investors monitored updates about a U.S. coronavirus stimulus bill, while poring through a batch of key economic data.