CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Veteran investment manager Terry Smith has dumped his underperforming £22.5bn fund’s stake in Diageo after almost 15 years owing to concerns over the drinks maker’s new management team and the threat to demand posed […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One thing’s for sure: we’re all going to die. The pound is down, gilt yields are up, some people are unhappy. Liz Truss is claiming to have been defamed over characterisations of her economic […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Xi Jinping might be able to muzzle Chinese economists, but the message of the bond market is harder to silence. And right now it’s howling that China is sliding towards a Japanese-style deflationary spiral. […]
CashNews.co We love bonds, but we hate it when they make the front page. Let’s face it, while they are intellectually fascinating, there are no good news stories about bond markets. It’s always “someone’s defaulted”, “someone’s crashing the economy”, or some other such awfulness. Readers would have found it hard to miss the excellent coverage […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s government has paid $4.3bn to holders of its sovereign bonds, its largest repayment since a 2020 debt restructuring, in a crucial step for libertarian President Javier Milei’s bid to restore confidence in the […]
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CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Syria’s largest oil refinery has halted operations after ceasing to receive the crude from Iran that previously made up the vast majority of the country’s input, its general manager told the Financial Times. Baniyas […]
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 financial watchdog has issued a grovelling apology for “failings” that let hundreds of people lose millions of pounds they invested in a fraudulent peer-to-peer lender. The Financial Conduct Authority told more than […]
CashNews.co Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. June 5, 2021. El Salvador president Nayib Bukele to a bitcoin conference: Great ideas are beautiful, and have great power. But like most beautiful things, they can also be more fragile than everything. When I […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fears that a flood of listed companies would ditch London for New York have proved unfounded. But there has undeniably been a trickle — and it is one that could, if left unchecked, become […]