Source: Bloomberg Retail investors in the U.S., burned by two market crashes in a decade, have shunned stocks for the longest stretch in more than 23 years, upsetting the balance of power in the $10.5 trillion mutual-fund industry. Bond funds attracted more money than their equity counterparts in 30 straight months through June, according to [...]
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Source: Bloomberg U.S. exporters are shipping 275,000 metric tons of hard-red spring wheat through Canada that eventually will be sent elsewhere, according to the Canadian Wheat Board. The wheat will go through Canadian ports on the St. Lawrence Seaway before delivery overseas, said Bruce Burnett, the director of weather and market analysis for the Wheat [...]
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Reuters UKMitsui OSK Raises Profit Forecast as Trade Rebound Lifts Shipping RatesBloombergMitsui OSK Lines Ltd., the operator of the world’s largest merchant fleet, raised its full- year profit forecast as demand for transporting goods between Asia and…
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Boston GlobeU.S. Strengthens Asia Military Ties Amid Concern at China’s Growing MightBloombergSecretary of State Hillary Clinton joined Asia’s biggest security forum in Hanoi today as the US strengthened defense ties across a region where China’s expan…
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