Briefs: Allianz to consider revisions to Income deal; FIH closes 4.5% down in first trading day; Thailand cuts rates
“It is also not clear what Income might do after the capital extraction, for example to adjust or trim its insurance portfolio, and what impact this could have on policyholders,” says Minister Edwin Tong.
Quoteworthy: It must be hard for you to spend 25 years talking about tariffs as being negative and then have somebody explain to you that you’re totally wrong. –— Former US President Donald Trump on trade with China, in his Oct 15 interview with Bloomberg News editor-in-chief John Micklethwait
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