Bond market ignores more assertive Fed at its peril
When it comes to investor positioning, an important takeaway from last month should have been that the Federal Reserve, now less worried about the economic outlook, is becoming more assertive in...
View ArticleApple deals hammer blow to Imagination shares
Shares in Imagination Technologies (IMG) have crashed after its biggest customer Apple (AAPL.O) said it would stop using the chip maker's products. Imagination lost two-thirds of its value, with its...
View ArticleStock markets begin new quarter in upbeat mood
Monday 10:40 BST What you need to know ● Equities starting second quarter on the front foot● S&P 500 futures just 1.5 per cent off record and Euro Stoxx up 0.4 per cent ● Investors keeping a watch...
View ArticleITV weighs on FTSE as takeover buzz cools
Shares in ITV (ITV) have fallen to the bottom of FTSE 100, giving back some of the gains made late on Friday, as excitement over potential renewed takeover interest from Liberty Global (LBTY.A)...
View ArticleLex in depth: The $2tn Saudi Aramco question
Its backers expect a valuation of $2tn. Even a partial slice of its business is likely to add up to the biggest ever initial public offering. And as a byproduct, it offers the prospect of a glimpse...
View ArticleItalian bond yields rise amid political worries
Italian government bond prices were lower on Monday, as investors focused on signs of political sclerosis rather than economic data pointing to strength in manufacturing and a drop in the ranks of the...
View ArticleLower tax rate boosts Louis Dreyfus earnings
A lower effective tax rate helped Louis Dreyfus Company report a sharp increase in annual profits on Monday as the agricultural commodity trader continued to face pressure from low prices and abundant...
View ArticleRand slumps after S&P cuts South Africa’s rating
South Africa’s rand tumbled in late trading on Monday after a rating agency cut the country’s coveted investment grade status, leaving President Jacob Zuma’s decision to fire his finance minister...
View ArticleNext sinks after broker voices turnround doubts
Next was Monday’s sharpest blue-chip faller after Exane BNP Paribas said turnround hopes for the UK retailer look unfounded. While investors understand the risks around current trading, Next’s...
View ArticleZuma tries to reassure after S Africa’s rating cut
President Jacob Zuma said on Tuesday there would be no change to his government’s fiscal policy as he sought to reassure investors after his decision to sack his respected finance minister triggered a...
View ArticleConvertibles bonds catch a ride on equity rally
What do Elon Musk of Tesla, Charlie Ergen of Dish Network and Jack Dorsey of Square have in common? Their companies all sold convertible bonds in the first three months of 2017, helping make it a...
View ArticleUS equities await earnings season for signal to set new highs
The second quarter has got off to a cautious start, with Wall Street stocks inching further away from last month’s record high and Treasury yields plumbing a five-week low. But bulls may argue that if...
View ArticleLSE chief lobbies for London Saudi Aramco IPO
The London Stock Exchange’s chief executive is accompanying UK prime minister Theresa May on her trip to Saudi Arabia to lobby for the LSE to host the international component of the planned initial...
View ArticleUS Aggregate index changes spur upsized bond sales
A host of small- and mid-sized companies have recently increased the size of their bond offerings as new minimum thresholds began this week for the dominant US fixed income benchmark index. The...
View ArticleIs it already too late to put money in your pension?
When the clock strikes midnight on the morning of April 6 it will be too late to put any more money into your pension, or Isa, to qualify for the 2016-17 tax year. But some people will find the true...
View ArticleSluggish US IPOs need more than a new Jobs Act
Some anniversaries give cause for introspection and that is certainly the case when Wall Street and Washington look at the half decade spent trying to boost US public share listings. The Jumpstart Our...
View ArticleRalph Lauren closing Fifth Avenue flagship store
Ralph Lauren was among the biggest decliners on the S&P 500 on Tuesday after the American clothing line known for its preppy fashion said it would shutter its flagship Fifth Avenue Polo store and...
View ArticlePeer-to-peer loan fund considers change of manager
The UK’s first peer-to-peer loan fund is to review its investment manager as a swath of funds struggle to generate returns from the emerging asset class. The listed fund, P2P Global Investments, buys...
View ArticleChina dominates energy finance as US pulls back
China turbocharged its lending to overseas energy projects last year, burnishing the attraction of its “infrastructure diplomacy” to the developing world and reinforcing its position as the dominant...
View ArticleHow a Xi-Trump summit could yield progress
April 5, 2017 by: Wang Huiyao, Center for China and Globalisation The first meeting between Xi Jinping, China’s president, and Donald Trump, his US counterpart, has generated intense interest across...
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