September 23, 2024

Category: Markets

Global stocks slide as investors fret over US slowdown
 #NewsMarket
Markets

Global stocks slide as investors fret over US slowdown #NewsMarket

CashNews.co Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks tumbled on Tuesday, as weak data on the state of the manufacturing sector renewed investor concerns about an economic slowdown. The S&P 500 was down 1.7 per cent in early afternoon trading […]

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North Sea oil and gas producers are not bluffing over tax
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Markets

North Sea oil and gas producers are not bluffing over tax #NewsMarket

CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Business lobbyists cry wolf all the time — especially if governments threaten to push up their costs or taxes. The oil and gas industry has been guilty of frequent hyperbole and exaggeration. But when […]

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Fantastical goings-on in Nasdaq-listed Chinese micro-caps
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Markets

Fantastical goings-on in Nasdaq-listed Chinese micro-caps #NewsMarket

CashNews.co The IPO window is (maybe, hopefully, please?) open again — particularly for companies based in Singapore or China. Per Renaissance Capital’s list of US market debuts last week: YHN Acquisition I (YHNAU) – ChinaDeal Size: $60mn Exchange: NasdaqLead Underwriter: Lucid Capital MarketsBlank check company led by executives from boutique SPAC firm Norwich Capital. Cuprina […]

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Active ETFs set to hit tn in assets
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Markets

Active ETFs set to hit $1tn in assets #NewsMarket

CashNews.co Actively managed exchange traded funds are poised to hit $1tn in assets, cementing a dramatic transformation from a forgotten backwater to a key driver of global industry growth. The vehicles, which offer a cheaper rival to mutual funds that try to outperform indices, reached $974bn in assets as of the end of July, data […]

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