Deutsche Bank AG is implementing a companywide hiring freeze as Chief Executive Officer John Cryan seeks to lower costs and shore up investor confidence, according to people with knowledge with of the matter.
Property magnate Wang Jianlin of Dalian Wanda tops the list of 594 billionaires in the country, ahead of 535 billionaires in the US.
World stocks stumbled to three-week lows on Thursday and developed market bond yields dipped, after Chinese data showed a sharp decline in exports, reviving concerns about the health of the world’s second-biggest economy.
Next trading day’s important events
04:30 (GMT+3) Chinese CPI
15:30 (GMT+3) US retail sales
17:00 (GMT+3) Yellen speaks
S&P 500: 2,139.17
NASDAQ : 5,239.02