NEW YORK: ‘ Rates, weak forex cut into trading revenue at U.S. banks: OCC ‘

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#AceFinanceReport – Sept.21: Insured U.S. commercial banks earned 28.1 percent less in trading revenue in the second quarter compared with first quarter, squeezed by low interest rates and weak currency trading, the Office of the Comptroller of the Currency said (Reuters) reported.

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FEATURE:’China says UK supports inclusion of yuan in IMF’s SDR basket ‘

#AceFinanceNews – Sept.21: Britain supports the inclusion of the yuan in the International Monetary Fund’s Special Drawing Rights (SDRs) basket, China’s Vice Premier Ma Kai said on Monday.

Ma was speaking to reporters after conclusion of talks with Chancellor George Osborne, who is on a visit to Beijing and was also present at the news conference.

Chinese officials have pledged financial reforms to make the yuan more convertible as they push for the currency to be included in the IMF’s Special Drawing Rights (SDRs) basket.

China says UK supports inclusion of yuan in IMF’s SDR basket

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Article: We want to build 1m more English homes by 2020, says government

#AceFinanceNews – Sept.21: We want to build 1m more English homes by 2020, says government
http://www.theguardian.com/society/2015/sep/21/1m-more-homes-in-england-by-2020-

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Article: Nuclear plant project a step closer as Osborne makes £2bn guarantee

#AceFinanceNews – Sept.21:.Nuclear plant project a step closer as Osborne makes £2bn guarantee
http://www.theguardian.com/business/2015/sep/21/nuclear-plant-project-osbornes-commits-2bn-guarantee

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