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UPDATE 1-Trump's Virginia comments last straw for disenchanted CEOs

Several U.S. chief executives had been considering resigning from Donald Trump's business advisory councils for months after the president said he would pull out of the Paris climate accord and ban transgender people from the military, sources told Reuters on Wednesday, long before Trump's comments on racial violence this week pushed them over the edge.

LaSalle sets $1 billion target for pan-Asia real estate fund

LaSalle Investment Management Inc has set a new capital-raising target of $1 billion for the fifth of its pan-Asia opportunistic real estate funds, one of which is expected to significantly outperform a target annual return of 18 percent, the unit of Jones Lang LaSalle Inc said on Wednesday.

Fund flows show investors' reticence on U.S. stocks

Investors flooded U.S.-based taxable-bond funds with $7.9 billion during the latest week, Investment Company Institute (ICI) data showed on Wednesday, a 36th straight week of inflows that shows investors further stepping back from domestic stocks. The push into bond mutual fund and exchange-traded funds comes even with the S&P 500 on pace to deliver double-digit percent returns for seventh year in the last decade. Matt Schreiber, p


Trump's crisis spurs talk of White House departures

NEW YORK/WASHINGTON President Donald Trump’s turnabout on the violence in Charlottesville, Virginia has rocked his administration, leading to rising speculation that some top officials may be looking for a way out.