CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US banks are “in the beginning of go-mode” and “animal spirits are alive”, according to a senior JPMorgan Chase executive, as Wall Street bets that a lighter-touch regulatory regime under President Donald […]
‘Chilling effect’ spreads to European asset managers over climate even as risks rise #NewsMarket
CashNews.co European asset managers are following their US counterparts in “pulling back” on a public show of climate action while still quietly assessing risks and new regulations, fund managers, lawyers and consultants told the Financial Times. When a group of investors met this month to discuss putting pressure on Shell at an upcoming annual meeting […]
Indonesia eyes nickel production cuts to support price of ‘unloved’ metal #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. Indonesia is considering potential cuts to nickel ore supplies to help boost prices amid a global glut, in a move that could put the brakes on rapid production growth in the world’s largest producer of […]
Saudi Arabia set to buy stake in Pakistan copper and gold mining project #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. Saudi Arabia’s investment mining fund is set to buy a stake in Pakistan’s Reko Diq project, which will be one of the world’s largest copper mines once complete, as the kingdom accelerates its expansion into […]
Oil majors brace for falls in LNG revenues as prices stabilise #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The world’s biggest oil companies are expected to suffer a fall in liquefied natural gas revenues this year as the market volatility that drove big profits in the wake of Russia’s invasion […]
Fintech Monzo looks to US as board debates where to float #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. London-based fintech Monzo is at odds over where to pursue a long-awaited market listing, with the digital bank’s chief executive pushing consideration of a US initial public offering while the board favours the UK […]
Bridgewater founder Ray Dalio warns of UK ‘debt death spiral’ #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ray Dalio, the billionaire founder of hedge fund firm Bridgewater Associates, warned that the UK could be heading for a “debt death spiral”, in which it has to borrow more and more money to […]
Saudis ramp up efforts to tap ETF investors to support Vision 2030 #NewsMarket
CashNews.co Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools The Saudi Arabian sovereign wealth fund’s investment in a recently launched exchange traded fund underlines the kingdom’s growing interest in using the mass-market fund structure to develop its capital markets. The Saudi Public […]
BHP boosts copper production as miners race to meet growing demand #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BHP, the world’s largest mining company by market capitalisation, has boosted copper production as it races to meet demand for the metal used in key technology ranging from electric vehicles to power grids. The […]
Donald Trump jolts markets with threat of tariffs against Mexico and Canada #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump sparked tumult in financial markets hours after his inauguration as he threatened to hit Mexico and Canada with big tariffs. Speaking in the Oval Office late on Monday, Trump said […]