IMF’s Lagarde says nobody wins in a trade war

FAN Editor

The International Monetary Fund‘s (IMF) Managing Director Christine Lagarde has warned a global trade war would create a lose-lose situation for everyone, amid an escalating war of words between the U.S. and several of its trading partners. Speaking to French radio station RTL on Wednesday, Lagarde said: “The macro-economic impact […]

China regulator piles more pressure on insurers

FAN Editor

China’s insurance regulator on Wednesday greatly expanded rules that govern shareholding in the country’s insurers in a bid to make ownership structures more transparent. The rules, which now have 94 provisions from 37 before, come after the China Insurance Regulatory Commission (CIRC) seized Anbang Insurance Group, a firm dogged with […]