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China’s $1.1tn asset manager becomes star player on ‘national team’
China’s state-owned asset manager, with $1.1 trillion under management, has taken a prominent role in supporting the domestic economy through strategic investments in local financi...
Read Full Article →UK families ‘seize moment’ to buy exclusive London homes as non-doms retreat
Domestic purchasers are increasingly investing in premium London properties, benefiting from declining market values and reduced competition due to changes in tax policies affectin...
Read Full Article →OpenAI expects subscription revenue to nearly double to $10bn
Despite ongoing losses similar to its major competitors, OpenAI anticipates that income from user subscriptions will increase significantly, potentially reaching around $10 billion...
Read Full Article →Thames Water bosses were set for £18.5mn before outcry over bonuses
Creditors have proposed a rescue plan involving a £3 billion equity injection and a 20 percent reduction in loan values, highlighting significant financial restructuring efforts am...
Read Full Article →Apple to give app developers access to its AI models
Apple plans to provide software creators with tools based on its artificial intelligence technology, potentially opening new revenue streams and encouraging innovation within its a...
Read Full Article →Trump eyes chip export deal for rare earths in China talks
Negotiations between the United States and China may lead to relaxed semiconductor restrictions, potentially boosting trade by increasing the availability of critical rare earth ma...
Read Full Article →Activist hedge fund builds stake in Ozempic-maker Novo Nordisk
An investment firm has increased its holdings in the Danish pharmaceutical company known for its diabetes treatment, signaling confidence amid leadership changes and recent decline...
Read Full Article →WPP boss quits as advertising giant struggles with AI upheaval
Mark Read’s departure from the UK-based advertising firm comes amid a significant decline in its market value over seven years, highlighting financial challenges linked to emerging...
Read Full Article →China’s exports to US plunge as trade talks loom
The recent decline in shipments from China to the United States reflects growing economic uncertainty, with a notable drop in manufacturing activity indicating potential challenges...
Read Full Article →Norway’s oil fund calls for urgent reform of European capital markets
The world’s largest sovereign wealth fund emphasizes the need for significant changes in European financial markets to enhance efficiency and maintain global economic competitivene...
Read Full Article →Hedge funds circle distressed French private equity-owned companies
Economic challenges, elevated liabilities, and recent regulatory adjustments have increased the appeal of certain French private equity-backed firms as investment opportunities for...
Read Full Article →Hong Kong rate slump is a warning light for global markets
The recent decline in interest rates in Hong Kong highlights potential risks for international investors as increasing preference for Asian currencies signals uncertainty regarding...
Read Full Article →UK prioritises health and defence as other budgets face squeeze
The government's budget plans allocate increased funding to healthcare and defense sectors while imposing tighter restrictions on other areas, reflecting shifting fiscal priorities...
Read Full Article →Trump’s Golden Dome pits Silicon Valley against defence giants
Lucrative government agreements provide emerging technology companies an opportunity to compete with established defense firms, potentially reshaping the industry’s financial lands...
Read Full Article →UK industrial strategy launch pushed back to end of June
The postponement of the UK's industrial strategy launch reflects growing urgency for government officials to develop measures addressing the substantial financial impact of rising...
Read Full Article →China arms itself for more export control battles
China’s strategic management of rare earth resources has influenced global supply chains, giving it a stronger position in negotiations that could impact international trade and ec...
Read Full Article →Apple’s struggles to update Siri lead to investor concerns over AI strategy
Apple’s difficulties in advancing its voice assistant technology have raised questions among investors about the company’s approach to artificial intelligence and its potential imp...
Read Full Article →Junk bond sales surge as companies try to beat fresh tariff uncertainty
Companies are increasing their issuance of high-yield debt to secure financing before anticipated market fluctuations linked to the upcoming trade negotiation deadline increase eco...
Read Full Article →Private equity firms overhaul exit strategies as IPO market slams shut
Private equity firms are adjusting their approaches by focusing more on asset sales and follow-on fundraising due to reduced opportunities for public offerings amid ongoing trade t...
Read Full Article →European small-caps outshine US rivals as investors bet on growth revival
This year, smaller companies in Europe have shown stronger stock gains compared to their American counterparts, reflecting investor confidence in a potential economic rebound withi...
Read Full Article →Wise’s wake-up call for London
The fintech company’s choice to shift its main stock market listing to New York reflects ongoing challenges for the London Stock Exchange in maintaining its competitive position in...
Read Full Article →Cyber crime is surging. Will AI make it worse?
The increasing frequency of digital attacks on UK retailers is causing significant economic losses, with advanced technologies potentially amplifying the costs associated with data...
Read Full Article →Trump says US-China trade talks to be held in London on June 9
The upcoming discussions between the United States and China scheduled in London are expected to impact economic relations and potentially influence global markets and trade polici...
Read Full Article →Donald Trump calls for ‘full point’ rate cut after jobs report
Donald Trump urged the Federal Reserve to significantly lower interest rates following government data indicating a slowdown in job creation, highlighting concerns about the broade...
Read Full Article →Russia’s central bank cuts interest rates for first time since 2022
The recent reduction in lending rates by Russia’s monetary authority aims to decrease the cost of borrowing to 20 percent, reflecting an easing inflation environment.
Read Full Article →Man Group orders quants back to office five days a week
The hedge fund’s move to require quantitative analysts to work on-site full-time reflects an effort to improve results following a decline in the returns of its systematic investme...
Read Full Article →Triumphing under Trump: the corporate winners and losers
Since the US president’s inauguration, various multinational corporations have experienced differing financial outcomes, with some achieving substantial growth while others faced s...
Read Full Article →UK makes new concessions to private equity on tax crackdown
The government has introduced adjustments to the tax rules affecting carried interest, potentially easing the financial obligations faced by private equity firms under the revised...
Read Full Article →JPMorgan says it will fire analysts who accept future-dated job offers elsewhere
JPMorgan's warning to terminate analysts who commit to future roles at other firms highlights the bank's efforts to retain junior employees amid increasing competition from private...
Read Full Article →Goldman Sachs reins in risk appetite as Trump tariffs roil markets
Goldman Sachs is adjusting its investment strategies in response to trade tensions and expects a phase where inflation increases faster than economic expansion, impacting financial...
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