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Federal Reserve finalizes lower dividend for member banks

November 23, 2016 by · Leave a Comment 

The U.S. Federal Reserve finalized a reduction of its dividend payments on Wednesday, carrying out a measure Congress passed last year to help pay for the country's roads and bridges. The transportation bill approved in December lowered the rate for dividends the Federal Reserve pays its member banks.

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Federal Reserve finalizes lower dividend for member banks

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As Trump disses TPP, China says to ‘play role’ in Asia-Pacific integration

November 23, 2016 by · Leave a Comment 

China will “play its role” in promoting economic integration in the Asia-Pacific, the foreign ministry said on Wednesday, after U.S. President-elect Donald Trump said he would kill an ambitious regional trade pact. Trump's statement appeared to open the way for China to assume the United States' leadership mantle on trade and diplomacy in Asia.

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As Trump disses TPP, China says to ‘play role’ in Asia-Pacific integration