SocGen Considers Shutting $4.7 Billion Prop-Trading Unit

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SocGen Considers Shutting $4.7 Billion Prop-Trading Unit

Crosstown rival BNP Paribas, the biggest French bank, has decided to close its prop-trading unit, Opera Trading Capital, Bloomberg reported last
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SoftBank Takes Small Step to Reduce Giant Debt With Bond Buyback

… 94.4 cents as of 1:48 p.m. in Tokyo, the sharpest increase since July, and its other securities rose as well, according to Bloomberg-compiled prices.
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Trump's Tariffs Are Producing Billions, But China Isn't Paying

President Donald Trump is right to say that his tariffs are generating billions of dollars for the U.S. But China and other countries aren't paying them as
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Selling Drugs Is No Longer a Free Lunch in China

The days of fat margins and easy money are over as the government gets serious about bringing down costs. By. Shuli Ren. January 1, 2019, 5:21 PM
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Stocks claw back from earlier losses and end higher, extending historic rally

After spending much of Thursday down, stocks staged a late-day comeback to finish higher. The gains extend the historic rally from the day before when the Dow Jones industrial average surged over 1,000 points.
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