Yemen wheat traders raise fears about imports
Yemen’s humanitarian crisis is set to deepen in the coming months as domestic wheat traders warn that they can no longer afford to import the war-ravaged country’s main staple. Two of the impoverished...
View ArticleTax shock for pension death benefit recipients
Investors choosing to pass their pension wealth to the next generation face leaving their loved ones with significant tax bills under outdated policies offered by providers. Currently, pension...
View ArticleBeware these misleading property investments
Investors seeking out higher returns through the property market are being left exposed by firms that are hiding the considerable risks. Research conducted by Which?, the consumer group, seen...
View ArticleRise in dollar and Treasury yields stalls
Friday 12:45 GMT Overview Equity markets are firm, holding near recent highs, as the dollar’s bounce to a 14-year peak on expectations of a more hawkish Federal Reserve pauses for breath. Bond markets...
View ArticleExuberance as Trump carries Dow towards new high
Wall Street is bathing in nostalgia. This week the cover of Barron’s, the bible of US retail investors, proclaimed “Dow 20,000”. Presenters on CNBC are wearing Dow 10,000 caps first donned in 1999....
View ArticleThread and zip maker Coats to plug pension deficit
Coats, the UK maker of threads and zips, is to inject £255m into its pension schemes to settle a regulatory dispute, in a deal described as one of the most significant for the pensions watchdog. The...
View ArticleChicago in drive to reduce its pensions shortfall
Chicago’s chief financial officer is frustrated that credit rating agencies have not rewarded the city’s efforts to reduce its deficit and plug the estimated $34bn hole in its pension system, as the...
View ArticleGlobal benchmark interest rate nears 1%
The global benchmark interest rate for trillions of dollars of corporate loans, credit cards and derivative contracts is approaching 1 per cent for the first time since the US emerged from recession,...
View ArticleFrench and Italian expats in UK face pension hurdle
French and Italian expatriates in the UK who wish to return home after Brexit face a new headache after British authorities effectively blocked them from taking their pensions with them. HM Revenue...
View ArticleShares in gold miners perk up
Despite the recent downturn in gold prices, shares of companies that mine the precious metal were up on Friday and still on track for their biggest annual gain in 13 years. The NYSE Arca gold miner...
View ArticleOneSavings Bank directors sell down
December 16, 2016 by: Ian Smith and Jonas Crosland, Investors Chronicle Shares in OneSavings Bank, which specialises in buy-to-let and small business lending, are now flat for the 2016 calendar year....
View ArticleIntesa’s role in Rosneft deal probed over sanctions
Financial regulators in Rome are examining whether Intesa Sanpaolo’s financing of a €10.2bn investment in Russian oil group Rosneft complies with sanctions. Glencore, the commodities group, and the...
View ArticleFTSE100 reclaims 7,000-point mark
Broker’s cut blurs shares in Micro Focus International Source link
View ArticleBrexit dashes the euro’s reserve-currency hopes
Controls on the international movement of people and capital can be imposed gradually, suddenly become grim, and then take a long time to remove. The UK’s exchange controls on converting sterling into...
View ArticleTop fund manager: 'How I make money from companies failing'
You might not want to be exposed to the index, but we can choose from around 600 companies and construct a portfolio with no UK exposure if that’s what we want to do. Over the past 12 months we have...
View ArticleCar bomb kills 13 and wounds 55 in central Turkey
©Reuters ANKARA, Turkey, Dec 17 — A car-bomb attack on a bus carrying off-duty military personnel killed 13 soldiers and wounded 55 in the central Turkish city of Kayseri on Saturday, an incident...
View ArticleChina capital outflows: bank loans dwarf FDI
While an overseas buying spree by Chinese companies has grabbed headlines, more mundane activity such as trade finance and corporate cash management are a much bigger strain on China’s foreign...
View ArticleVenezuela cash crisis takes new turn
Venezuela’s cash crisis took another turn on Saturday after benighted socialist President Nicolás Maduro flip-flopped on his decision to withdraw the largest-denomination currency note from...
View ArticleThe big events that shook financial markets in 2016
A series of big events shaped financial markets in 2016. Here is a selection of FT analyses and commentary, alongside charts, highlighting a tumultuous year. The new year rout January proved brutal...
View ArticleICAP looks to process forex trades on blockchain
ICAP is preparing to process thousands of foreign exchange trades on blockchain technology amid signs the emerging standard is encroaching on global markets. The London group, to be renamed NEX Group...
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