Pimco
PIMCO Speculates Possibility of Floating Yuan in 2017
| S. Rina | | Jan 14, 2017 12:11 AM EST |
Asset management firm PIMCO stated that there is possibility that China may freely float Yuan this year. The firm stated that alternatively, the country may decide to widen the trading band for the currency. Yuan had a tumultuous time in 2016 as it saw steady decline in its value.
China Economy Falters But Its Future Remains Bright
| Benjie Batanes | | May 14, 2015 01:43 PM EDT |
China's economic growth may be slowing down but PIMCO remain bullish, citing several indicators.
Pimco Loses $10B as Investors Withdraw after Gross Exits
| Staff Reporter | | Sep 29, 2014 06:05 AM EDT |
Pimco losing Bill Gates made a huge impact to the company causing investors to withdraw about $10B right after the Wall Street Journal announced the departure on Friday, September 26.
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