CashNews.co Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. European and Asian stock markets softened alongside the dollar on Friday as traders awaited the US payrolls data which is likely to determine the size of interest rate cut from the Federal Reserve this month. […]
How to fix the housing market #NewsMarket
CashNews.co By many measures, the US housing market is broken. High demand is causing high prices, and yet, year after year, new supply fails to arrive. What’s behind the mismatch? And is there any way to solve it? Today on the show, Robert Armstrong and Aiden Reiter discuss proposals from the two US presidential candidates, […]
UK pension funds’ allocations to British stocks hit historic low #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. UK pension schemes have among the lowest proportion of funds held in domestic stocks and private assets of any significant global pension market, according to a new report, adding pressure on the government to […]
Royal Mint strikes gold with e-waste recovery facility #NewsMarket
CashNews.co Britain’s oldest business has become the latest to embrace the circular economy — and in a big way. The UK Royal Mint has opened a new facility within its high-security complex to focus on retrieving precious metals from electronic waste. The Precious Metals Recovery Plant in Llantrisant, Wales, has been designed to extract materials […]
Wealthy families already know they must look beyond ESG to their ‘legacy’ #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You’d be forgiven for missing the news last month that the new UK chancellor, Rachel Reeves, has brought forward the introduction of regulation for environmental, social and governance rating agencies. From next year, firms […]
The stakeholder doctrine is flourishing despite attacks on ESG #NewsMarket
CashNews.co This month a striking free-speech fight has erupted in Texas. No, this is not yet another social media salvo from Elon Musk or a battle over book bans. Instead, the American Sustainable Business Council is suing the Texas government over its 2021 and 2022 decisions to blacklist companies that uphold environmental, social and governance […]
Morgan Stanley to debut first Pathway-branded ETFs #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Morgan Stanley plans to convert two of its flagship equity funds totalling […]
Broadcom sales outlook underwhelms investors despite AI upgrade #NewsMarket
CashNews.co The S&P 500 notched its first three-day losing streak in a month, even as investors bought up Big Tech stocks ahead of the release of a key jobs report on Friday. The S&P 500 fell 0.3 per cent. However, the Nasdaq Composite closed 0.3 per cent higher as each Magnificent Seven group except Microsoft […]
Shift in US bond yields leaves investors guessing about economic outlook #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Short-term US government borrowing costs have fallen below long-term costs in a reversal of the so-called “inverted yield curve”, a move that some analysts believe could herald an imminent economic downturn. The yield […]
Opec delays production increases for two months #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opec+ members have agreed to delay planned increases to oil production for at least two months as the group continues its battle to prop up prices that have fallen to their lowest levels this […]