Chinese stock-index futures slumped amid speculation increased regulatory scrutiny of margin loans will spur some leveraged investors to reduce holdings.
SGX FTSE China A50 Index futures for January delivery dropped as much as 5.2 percent before paring losses to 2 percent at 11:41 p.m. in Singapore.
Growth in Spending Exceeds Growth in Income for Most of the Last 10 Months
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A deeper dive into personal income and outlays for March shows significant
signs of consumer stress to maintain standards of living.
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