Freeport threatens to sue Indonesia over mine
February 20, 2017 by: Neil Hume, Commodities and Mining Editor Freeport-McMoRan on Monday warned the Indonesian government it was prepared to sue Jakarta if it could not resolve an increasingly bitter...
View ArticlePearson slips as investors show pre-results nerves
Pre-results jitters put Pearson among Monday’s sharpest fallers. Ahead of its full-year figures due Friday, Pearson faded 3.9 per cent to 642.5p. Since a profit warning in late January, the textbook...
View ArticleNigeria edges closer to devaluation with dollar move
Nigeria’s central bank has edged closer to a full devaluation by making dollars available to private individuals at 20 per cent above the official rate. The measure, which is partly a sop to Nigeria’s...
View ArticleSingapore carbon tax set to squeeze oil groups
A carbon tax plan revealed this week by Singapore will cover refineries in the city-state, officials confirmed on Tuesday, adding to pressure on international oil groups in one of Asia’s biggest...
View ArticlePound's fall hides UK's lagging dividend performance
Henderson Global Investors has underlined the role of the pound's collapse in flattering dividend payments, highlighting the UK losing ground to other areas of the world despite its payouts reaching...
View ArticleAnglo American curtails shrink to survive plan
February 21, 2017 by: Neil Hume, Commodities and Mining Editor Anglo American on Tuesday called an end to forced asset sales after the mining company swung back to profit and reduced its debts last...
View ArticleTech revolution will shift landscape for investors
US inflation is going to accelerate, forcing the Federal Reserve to raise interest rates at a faster pace than anyone has seen for almost a decade. That is the market consensus and there is evidence...
View ArticleRussia builds contacts with Germany’s AfD
©EPA Frauke Petry of Alternative for Germany Russia is building closer official ties with the anti-immigration Alternative for Germany (AfD) party in response to expectations that populists will...
View ArticleChris Mills attempts to pinch Strategic Equity Capital
The managers of Strategic Equity Capital (SEC ) have sought to quash efforts by rival Harwood Capital Management to take over the £140 million smaller companies investment trust. The trust's former...
View ArticleDB pensions are unfair by design for many
The quote ‘any colour, as long as it’s black’ is attributed to the great 20th century car maker, Henry Ford, creator of the Ford Model T. This is great if you want a mass-produced car, but what if you...
View ArticleUS uncertainty offers opportunities, says Goldman
A rising tide may no longer be lifting all boats. Volatility for the US stock market as a whole has fallen since November’s election, but investors can still find ample returns in projecting how the...
View ArticleChina DataView: A-share sentiment creeps back
February 21, 2017 by: FT Confidential Research The easing of restrictions on stock index futures trading imposed during the 2015 market meltdown may signal that the authorities believe the market has...
View ArticleCutifani’s quick balance sheet fix at Anglo
“Which cowboy did this, then? It’ll be a big job to put that right, mate. You really need a new one. It’ll cost ya. I can make a start today, but I can’t promise nothing. Yeah? OK, mate. Cheers. Three...
View ArticleChina coal ban signals change of tack on N Korea
For years, China has played a spoiler role in negotiations over sanctions on North Korea’s nuclear programme, accused of weakening UN resolutions and failing to police sanctions-busting by Chinese...
View ArticleGerman yields fall on French election worries
Investors bought short-dated German debt and forced yields down to a record low on Wednesday as concerns over the future of the euro rippled through European markets. Germany’s two-year Shatz yield,...
View ArticleLifetime ISAs: a step closer to the home-owning dream
The world of savings can be confusing but if you know your ISA from you Lisa then you could be quids in. April will mark the newest addition to the stable of products known as ‘individual savings...
View ArticleJupiter's Darwall reviews laggards amid poor run
Jupiter European Opportunities (JEO ) manager Alexander Darwall has reviewed some of the laggards in his concentrated growth portfolio after a difficult period for the investment trust that has seen...
View ArticleBund moves need to be put in perspective
When highly rated bond yields drop sharply amid stronger economic data then the culprit is usually cited as “haven” demand. That explanation was doing the rounds on Wednesday when Germany’s 2-year...
View ArticleUnilever promises urgent review after Kraft bid
Unilever (ULVR) shares jumped close to the record high they reached last Friday after the consumer goods giant pledged a swift review of its business following its rejection of a $143 billion bid from...
View ArticleThyssenKrupp sells Brazilian steel business
German industrial group ThyssenKrupp has bid farewell to its steel producing business in Brazil as it continues to move away from the volatile business of making steel to focus on its higher-margin...
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