MORGAN Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, two people with direct knowledge of the matter said, as the country’s spiralling stock market dampens prospects for its US$3.8 trillion fund sector.
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India and China look to enhance bilateral trade as Trump’s tariffs upend global markets
Analysts say Chinese investments can help small businesses and bolster India's large-scale manufacturing, but there is a risk of oversupply if trade barriers are...
