China Life Insurance will increase alternative, fixed-income investments in 2017
BEIJING, March 24 China Life Insurance Co Ltd will increase alternative and fixed-income investments in 2017, a vice president said on Friday.
KUALA LUMPUR Feb 25 Bursa Malaysia has appointed Tajuddin Atan, the current managing director of RHB Capital , as its new chief executive officer effective April 1.
He takes over from Yusli Mohamed, who has held the top position since 2004.
Bursa's chairman Mohamed Dzaiddin said in a statement on Friday that Tajuddin's goal is to turn Bursa into an exchange with greater regional influence.
"The mandate for the new CEO is to develop Bursa Malaysia into an attractive and competitive exchange in the region, and to make the capital market more vibrant," he said.
Yusli's term as the CEO of Bursa Malaysia will end of March 31. (Reporting by Min Hun Fong)
SHANGHAI, March 24 China's primary money rates fell on Friday after surging to multiple-year highs earlier in the week, driven up by a cash squeeze on worries over central bank-led liquidity checks at the end of this month. The volume-weighted average rate of the benchmark seven-day repo traded in the interbank market, considered a key indicator of general liquidity in China, was 2.8076 percent by midday, around 21 basis points lower than the previous day's closing average ra