CashNews.co Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Shares in Chinese developer Sunac plummeted on Friday after the company revealed it was the subject of a petition in Hong Kong seeking to wind it up, the latest in a series […]
UK government borrowing costs hover near 16-year high #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK government borrowing costs edged higher on Friday but remained below Thursday’s peak as investors await a key US jobs report later in the day. The 10-year gilt yield rose 0.04 percentage points to […]
Thames Water junior creditors accuse rivals of ‘predatory’ loan conditions #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water’s junior bondholders have accused the troubled utility’s senior creditors of attaching “predatory” conditions to a £3bn emergency loan, which they claim is an attempt to “sidestep” regulatory oversight. The claims by a […]
US stocks slide as strong data sends Treasury yields higher #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. US stocks sold off on Tuesday, while government bond yields jumped, after strong jobs and services data prompted investors to bet the Federal Reserve will lower interest rates just once this year. Wall Street’s […]
Trump refuses to rule out force to take Greenland and Panama Canal; Meta ends fact-checking #NewsMarket
CashNews.co Hey, everyone, I want to talk about something important today because it’s time to get back to our roots around free expression on Facebook and Instagram. First, we’re going to get rid of fact-checkers and replace them with community notes, similar to X, starting in the US. But the fact-checkers have just been too […]
Amundi to shut its original ‘multi’ smart beta ETF #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 Amundi is to close a multi-strategy smart beta exchange traded fund, the […]
Pentagon blacklisting of China’s EV battery maker puts US banks in bind #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. For Wall Street banks hoping to play a role in one of Hong Kong’s biggest listings in years, the US defence department’s decision this week to add CATL to a list of […]
Shell flags weaker gas production #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shell trimmed its gas production forecast for the fourth quarter and warned that trading in its gas and chemicals divisions would be “significantly lower” than in the previous three months. Wednesday’s trading statement, which […]
China’s currency hits 16-month low on Trump tariff fears #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’s currency has weakened to a 16-month low following strong US economic data overnight and as the potential for sharp tariff increases from the incoming Trump administration fuels concern over growth prospects for the […]
Bank of England to relax rules for banks and insurers #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The Bank of England’s top financial supervisor has announced plans to ease the burden of its rules on banks and insurers, saying changes can be made without unleashing “a race to the bottom” […]