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China regulator orders brokerages to review trades following stock rout

China’s securities regulator instructed brokerages on Sunday to review trades and enforce rules that require the use of real names and national identification numbers, the latest move by the government aimed at stabilizing stock prices following a devastating market rout the past month. The latest warning by the China Securities Regulatory Commission (CSRC) is meant to clamp down on a trick whereby a single investor controls multiple accounts — often

Global inflation pressures still mild, China still the worry

Global inflation appears tamer than many had thought it would be by now, still held back by a modest outlook for economic growth, meaning central banks look likely to leave rates lower for longer — or even ease policy further. For those watching the world economy, China, not Greece, has for a while remained the number one concern. The panic by the Chinese authorities last week as they went through

Egon von Greyerz

Egon von Greyerz (EvG): Founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland – EvG forecasted the current economic problems over 12 years ago. In 2002 (gold $300/ oz.) MAM recommended to its investors to put 50% of their investment assets into physical gold stored outside the banking system…

Relishing polls, Trump rails against U.S. presidential race rivals

By Brad Poole PHOENIX (Reuters) – Boasting of his rising poll numbers, real estate mogul Donald Trump on Saturday railed against his rivals in the 2016 presidential race and criticized companies such as Macy’s that cut ties with him over his inflammatory comments about Mexican immigrants. “Thousands and thousands of people are cutting up their Macy’s credit card. Since Trump accused Mexico last month of sending rapists and criminals to