The Investment Company Institute reported that the...
From Times Staff and Wire Reports
The Investment Company Institute reported that the assets of the nation’s 533 money market mutual funds rose by $1.02 billion in the latest week to an all-time high of $424.89 billion . . . New Zealand’s government said it will propose by month’s end allowing foreign firms to increase their stake in radio and television companies up to 49.9%, from 25% and 15%, respectively.
