‘Trump rally’ at crossroads as markets await clarity
The “Trump rally” is at a crossroads as the new US president begins his first week, with analysts and investors calling for details on the proposals that have driven one of the biggest post-election...
View ArticleChina clamps down on banks moving currency overseas
Chinese regulators are stamping out moves by banks to shift renminbi out of the country as they attack one of the few loopholes remaining in the country’s strict new capital controls regime. The...
View ArticleMarkets Spotlight: Second phase of the Trump trade
Our round-up of the week’s best comment and analysis from the Financial Times focuses on trade after Donald Trump’s inauguration, the consequences of Theresa May’s speech on Brexit and upcoming...
View ArticleTrump’s stimulus plans imply a stronger dollar
For two decades, successive US administrations have professed their commitment to a strong dollar. Treasury secretaries tend to say that it reflects a healthy economy and supports investment. What...
View ArticleUK dividends hit record after pound devaluation
The slide in the value of sterling has a created a dividend windfall for investors with UK payouts increasing by a record £5.2bn in the fourth quarter of last year. The fourth-quarter record pushed...
View ArticleAsia equities shunned in favour of haven assets
Monday 02.05 GMT Overview Asian equities kicked off the week once again in thrall to the US dollar, which weakened against an array of regional currencies as haven investments including bonds and gold...
View ArticleShips steer bullish bets for liquefied natural gas
A rapid increase in liquefied natural gas supplies is threatening to flood the market for at least the next three years, forcing producers and traders to find more nimble ways to place cargoes of the...
View ArticleLondon Metal Exchange chief executive to step down
Garry Jones has stepped down as chief executive of the London Metal Exchange, the second senior manager to leave the world’s centre for metals trading in two months. The LME said Mr Jones “retired” on...
View ArticleSouth Korea: reform is coming
So, back to business as usual? Last week’s decision by the Seoul Central District Court not to arrest Lee Jae-yong, Samsung’s de facto boss, could be read as a sign that nothing is going to change in...
View ArticleDeclines slow for Asia equities and dollar
January 24, 2017 by: Hudson Lockett in Hong Kong Tuesday 02:10 GMT Overview A rolling retreat by global stocks eased as Asia trading commenced, with the dollar’s decline against regional currencies...
View ArticleUS to ‘protect our interests’ in South China Sea
The White House on Monday said the US would protect its interests in international waters in the South China Sea but refused to say whether it would attempt to block China from accessing artificial...
View ArticleCovered interest parity: wide receiver
In physics, a formula that fails to predict the outcome of an experiment disqualifies the theory it encapsulates. A similar rethink is required for covered interest parity. The formula insists that...
View ArticleChina-led investment bank attracts 25 new members
A wave of about 25 African, European and South American countries is set to join the China-led Asian Infrastructure Investment Bank this year, reinforcing Beijing’s determination to push a global...
View ArticleEuropean bourses firm as dollar steadies
Tuesday 08:00 GMT Overview The dollar is firmer, while US and European equity gauges stabilise, as concerns wane about new US president Donald Trump’s protectionist stance. Government bond prices are...
View ArticleBuy-to-let nightmare: my battle to evict tenant from hell
Would my own nightmare tenant have left on receipt of my friendly letter? I have no idea, but I decided not to take the chance. In most cases, the legally-enforceable Section 21 notice from a firm of...
View ArticleAsia seeks new trade deals after Trump quits TPP
Australia has called for the Trans-Pacific Partnership to go ahead without the US after president Donald Trump’s withdrawal threw a decade of Asian trade talks into chaos. Malcolm Turnbull, prime...
View ArticleFrom bust to boom: property funds' problem is now too much money flowing IN
Following the Brexit vote, multi-billion pound property funds were forced to cut the value of their portfolios or lock in investors to stem a tidal wave of outflows. But in seven short months the...
View ArticleEasy bets on Asia face Trump challenge
For years, Singapore has been a proxy for world trade. So when Singapore delivered an uptick in its economy last month, thanks to an increase in electronics exports, especially to its Asian...
View ArticlePound volatile after Supreme Court’s Brexit ruling
The pound was volatile on Tuesday morning after the UK’s Supreme Court ruled that parliament must be allowed to vote on the government’s plan to begin the formal process of leaving the EU. The...
View ArticleSavers cashing pensions ‘at risk of scams’
Pension savers cashing in final-salary pensions are being put at risk of scams by advisers who are not doing proper transfer checks, the regulator has said. On Tuesday, the Financial Conduct Authority...
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