Taiwanese companies see ‘made in USA’ opportunities
US president-elect Donald Trump’s promise to bring manufacturing jobs back home not only played well among millions of American voters; it also perked up the ears of Taiwanese technology and other...
View ArticleAsia bourses retreat as post-Fed glow fades
Monday 02:20 GMT Overview Stocks across Asia were weaker, retreating in line with Wall Street’s slight pullback on Friday from last week’s record highs, and as the US dollar softened. What to watch...
View ArticleEM torn between rosier commodities and hawkish Fed
If you are an emerging market investor, things at least look a little rosier than they did 12 months ago. Then sentiment was souring thanks to doubts about China’s economy, a slumping oil price and...
View ArticleOil industry on the cusp of cash flow recovery
The world’s major oil and gas companies will turn cash flow positive for the first time in three years in 2017 if the Opec production cartel succeeds in keeping the oil price above $55 a barrel. That...
View ArticleReal recovery still elusive for Russia economy
December 19, 2016 by: Kathrin Hille in Moscow After more than two years of recession Elvira Nabiullina, Russia’s central bank governor, had good news to offer. Russia, which has struggled to get over...
View ArticleCraft beer sales slip after record US hop revenue
US hop farmers have celebrated record revenues from their crops in 2016 as they planted more acres despite signs that the craft beer boom, which has boosted demand for the key brewing ingredient, may...
View ArticleEM corporate borrowing in euros at record levels
Emerging market companies are increasingly choosing to borrow in euros rather than dollars as the spread between the yield on 10-year US Treasuries and German Bunds has widened to its highest level...
View ArticleChina’s bull market in bonds on borrowed time
As recently as October, investors could be forgiven for believing that China’s bull market in bonds had miles more to run. With economic growth slowing and wholesale prices mired in deflation, the...
View ArticleIsraeli billionaire Steinmetz detained over bribery allegations
Beny Steinmetz, the Israeli billionaire, has been detained by police for questioning in Israel, the mining group BSG Resources said in a statement on Monday, relating to bribery allegations it...
View ArticleGerman shorter-dated debt in heavy demand
German short-term interest rates dropped to a fresh record low on Monday as traders anticipated the effect of New Year policy changes announced by the European Central Bank this month, at a time when...
View ArticleCosts slashed for DIY investors
The cost of “DIY” investing has fallen for people with portfolios of all sizes over the past 12 months, as firms slash charges. For smaller savings, up to £50,000, fees charged by firms running...
View ArticleBank of Japan raises growth outlook
The Bank of Japan kept monetary policy on hold and turned optimistic on the growth outlook as a slide in the yen sharply improves the outlook for Japan in 2017. Japan’s economy is “likely to turn to a...
View ArticleWhich funds performed the best and worst in 2016?
The £230m Argonaut Absolute Return fund delivered the worst performance this year. It posted a loss of 26pc, dropping its three-year returns to a loss of 3pc. Barry Norris, manager of the fund, said...
View ArticleHPS Investment completes $6.6bn mezzanine debt fund
The credit investment group spun out of JPMorgan earlier this year has raised one of the largest debt funds of 2016, in the expectation that rising volatility and regulatory changes will create...
View ArticleItalian bank shares close to best month since 2009
Italian bank shares are on track for their best month in more than seven years as signs the government may intervene to support its financial sector gave fresh momentum to a rally. The FTSE Italia...
View ArticleTurkish lira reverts to volatile type
Turkey’s lira, the second worst performing currency of 2016, reverted to type with a bout of volatile trading after the country’s central bank kept interest rates unchanged. After strengthening by...
View ArticleTake no chances on a repeat performance by the Swiss
Fool me once, shame on you. Fool me twice, shame on me. That saying resonates strongly with observers of the Swiss National Bank. The scars have not yet fully healed after the central bank lobbed a...
View ArticleThe dilemma facing Sweden’s Riksbank
Swedish monetary policy currently operates at extreme levels. The policy rate remains at -0.5 per cent with a clear easing bias despite very strong GDP growth and an undervalued currency. The Riksbank...
View ArticleHalma slips as ‘quality defensive’ doubts raised
Halma was a laggard on Tuesday even as the FTSE 100 edged to within 1 per cent of its record high. The health and safety sensor maker slipped 3.4 per cent to 912.5p after Redburn Partners argued that...
View ArticleRay Dalio: unleashing ‘animal spirits’ will be key for Trump
The “animal spirits” that Donald Trump’s incoming US administration may unleash would have more far-reaching consequences on the economy and financial markets than any specific stimulus package he...
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