Regulator ‘stunned and terrified’ after causing PG&E stock surge

(Reuters) – The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E (PCG.N) caused the embattled... Read more »

DoubleLine Capital LP warns on U.S. investment-grade bonds

NEW YORK (Reuters) – DoubleLine Capital LP portfolio manager Monica Erickson has a problem. She thinks the investment-grade corporate bond market, which is her specialty, is the worst place... Read more »

More pain in store for Italian bonds: NN IP CIO

LONDON (Reuters) – Italian assets have further to fall before prices start to look attractive but the selloff will not trigger 2012-style contagion across the euro zone or require... Read more »

Polish financial regulator quits as government probes bribe allegations: PAP

WARSAW (Reuters) – The head of Poland’s financial market regulator resigned on Tuesday, the state-run news agency said, hours after he was summoned by the prime minister over newspaper... Read more »

General Electric CEO Culp says company has too much debt

(Reuters) – General Electric Co (GE.N) Chief Executive Officer Larry Culp said on Monday the conglomerate was saddled with too much debt and would urgently sell assets to reduce... Read more »

U.S. money market fund assets post biggest rise in five months: iMoneyNet

(Reuters) – U.S. money market fund assets increased by $27.84 billion in the week ended Nov. 6 to $2.874 trillion, marking their largest weekly rise in five months, the... Read more »

Ex-BlackRock credit chief eyes 2019 hedge fund launch: sources

LONDON (Reuters) – BlackRock’s former head of European fundamental credit is preparing to launch his own hedge fund next year in what is likely to be one of the... Read more »

U.S. fund investors add stock exposure during volatile week: Lipper

(Reuters) – U.S. fund investors snapped up shares of stock funds during the latest week despite wild trading, adding $4.2 billion to the products, according to Lipper data on... Read more »

Almost two-thirds of world stocks in bear territory but $8.5 billion flows into funds: BAML

LONDON (Reuters) – With 63 percent of MSCI’s global index now in a “bear” market, world stocks look oversold but global equity funds nevertheless attracted inflows of $8.5 billion... Read more »

Mitsubishi Heavy to inject $2 billion into regional jet unit: NHK

TOKYO (Reuters) – Mitsubishi Heavy Industries (7011.T) is set to inject 220 billion yen ($2 billion) into its aircraft unit which has struggled to deliver its first passenger plane,... Read more »