RBC tells clients to stick with dividend stocks, names 10 cheap dividend plays

Contrary to popular belief that dividend stocks underperform during periods of rising yields, RBC Capital Markets on Monday debunked those assumptions, advising investors to stick with dividend payers. “While many would expect high dividend strategies to lag in...

China’s foreign exchange reserves fall below $3 trillion for first time in nearly six years

China’s foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, even as authorities tried to curb outflows by tightening capital controls. Reserves fell by $12.3 billion in...