The Traderszone Network

A top U.S. Federal Reserve official on Monday suggested stress tests and certain capital requirements to contain the risks within the non-bank lending sector, while acknowledging there is little the central bank can do to impose such restrictions. Fed Vice Chairman Stanley Fischer offered a framework to more tightly regulate the lending activities of hedge funds, mutual funds and other non-bank entities – often referred to as shadow banks – though he was careful to show that he was offering suggestions and not potential central bank rules.

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A month ago, it seemed inevitable: a massive global oversupply of crude oil production would overwhelm storage tanks in Oklahoma and fill supertankers off Singapore. Now, there are growing signs that the U.S. oil market can avoid the doomsday scenario in which it runs out of room to stockpile surplus crude, a development that oil traders worried would send crude prices into another tailspin. One reason is that refiners, spurred by high profit margins, are rushing to buy crude and churn out more fuel in response to an unexpectedly swift rise in U.S.

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Starbucks Corp (SBUX.O) and Danone SA (DANO.PA) on Tuesday will begin selling a smoothie line at more than 4,300 U.S. Starbucks shops as part of a Greek yogurt partnership that will also include yogurt parfaits and ready-to-eat yogurt to be sold by grocers. The rollout comes as Starbucks seeks to double food sales and as Danone’s popular Dannon yogurt brand wrestles with Chobani in the popular Greek yogurt category. The coffee chain, which has about 12,000 U.S.

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Taiwan will submit an application to join the Beijing-led Asian Infrastructure Investment Bank (AIIB) on Tuesday, despite historical animosity and a lack of formal diplomatic relations between the island and China. In a statement released late on Monday, Taiwan presidential office spokesman Charles Chen said joining the AIIB will help Taiwan in its efforts at regional economic integration and raise the possibility of joining other multinational bodies. It was not immediately known whether Beijing would accept Taiwan’s application to join the AIIB.

Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd (HLF.N) of running a pyramid scheme, said on Monday that shutting down the company is “one of the most important things” he can do. Speaking at a meeting of the Council of Institutional Investors’ in Washington, Ackman said again that Herbalife has caused “enormous harm to a very vulnerable population” by targeting undocumented Latinos in the United States and other poor people.

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U.S.

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Among the companies whose shares are expected to see active trade in Tuesday’s session are Movado Group, Science Applications International, and Conn’s.
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