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Markets
Fund manager Terry Smith’s pay falls to £28mn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Terry Smith, one of the UK’s most renowned stockpickers,…
S&P 500 breaking 6.000 – Is it a state of euphoria yet?
Stocks extended their post-election rally on Friday, with the S&P 500 index setting a new record high of 6,012.45, gaining 0.38%. Although Thursday’s…
China’s $1.4tn fiscal package fails to excite
Donald Trump’s election victory has sent shockwaves across the renewable energy industry, and China has announced fiscal stimulus to bail out local governments. Bitcoin hit $80,000…
How many US tariffs shall we expect? – Commerzbank
During the election campaign, Donald Trump and his supporters announced high tariffs: 60% on imports from China, 10%, 20% or more on all other imports. There…
The race to build a £354bn British pensions behemoth
In the race to unite the UK’s sprawling local government pension funds, Simon Radford is a frontrunner. As chair of Barnet’s £1.4bn council pension scheme, he is willing to cede…
USD/JPY: PM vote risk – OCBC
Japanese parliament will vote in a special session this afternoon to decide on who will take premiership. Prime ministerial vote can take up to two rounds,…
FTX sues Binance and former chief Zhao for $1.8bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Collapsed crypto exchange FTX is suing Binance and its…
USD/JPY jumps above 153.50 amid uncertainty over BoJ rate hike prospects
USD/JPY surges above 153.50 amid uncertainty over scope for further BoJ policy-tightening
Japan’s growth outlook appears to be weak as Shigeru Ishiba fails…
Trump victory leaves Wall Street giddy
One scoop to start: BlackRock is in early-stage discussions with Millennium Management about a strategic partnership that could lead to the world’s largest asset manager taking an…
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data.
Silver trades at $31.28 per troy ounce, broadly unchanged
0.10% from…