CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Rachel Reeves is, as we’ve previously noted, not having a wonderful week. Wednesday was a bad day for Great British assets: sterling and gilts both fell at the same time, which is […]
US imposes wide-ranging sanctions on Russian oil sector #NewsMarket
CashNews.co The Biden administration on Friday issued sweeping sanctions targeting the Russian energy sector, taking aim at Moscow’s oil revenues just days before Donald Trump takes office. The measures include sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, and the blacklisting of 183 vessels involved in Russian energy exports. Dozens of traders, Russia-based oilfield […]
UK ‘well placed’ to obtain enough gas this winter, says biggest network operator #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s biggest gas network operator has insisted the country is “well placed” to obtain enough gas this winter, after a big energy supplier warned that there was “less than a week” of reserve […]
The rising cost of a caffeine fix #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A bite, or two, of chocolate and a sip of latte is a much welcome comfort, particularly in stormy times. Loathe to cut back, coffee aficionados and the sweet-toothed are understandably peeved by the […]
What does the gilt sell-off mean for your money? #NewsMarket
CashNews.co Consumers face a darkening outlook across their borrowing and investments due to a UK debt market sell-off that has deepened since the new year. Yields for UK government bonds, or gilts, along with US Treasuries and other sovereign bonds, have risen as investors expect interest rates will remain higher for longer due to stickier-than-expected […]
Senior Labour MP raises ‘concerns’ with City regulator over planned Shein listing #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chair of a cross-party group of MPs has written to the heads of the UK’s financial watchdog and the London stock exchange to raise concerns about fast-fashion group Shein ahead of its planned […]
Treasury yields jump after US jobs report smashes expectations #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US economy blew past expectations to create 256,000 jobs in December, sending yields on US government debt lurching higher as traders and banks trimmed their forecasts for Federal Reserve interest rate cuts. The […]
Corporate borrowers kick off 2025 with record-setting $83bn bond bonanza #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 Corporate borrowers kicked off 2025 with a record $83bn in dollar bond sales, capitalising on buoyant investor demand to raise debt ahead of any market volatility sparked by Donald Trump’s return to […]
Germany’s second-biggest fintech shuns IPO #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany’s second most valuable fintech, Trade Republic, has vowed to stay private after doubling its customers and tripling client assets to €100bn. The Berlin-based company, often characterised as Europe’s answer to Robinhood because of […]
China steps up defence of renminbi against Wall Street bets #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street boosts its bets against the currency over weakness in the world’s second-largest economy and […]