Hong Kong's financial sector is urging lawmakers to speed up a proposed tax break on carried…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
Anthropic Plans IPO That Could Surpass SpaceX’s Record Size
Anthropic, the AI company behind the Claude chatbot, is getting ready to file for an initial…
FTSE 100 Rises as Consumer Confidence Reaches Two-Year High
The FTSE 100 opened higher on Friday, gaining about 12 points, or 0.1%, to trade near…
Deutsche Bank Released from 2010s FX Scandal Consent Order
Deutsche Bank has been released from a consent order linked to a foreign exchange scandal that…
Speculation Grows on Lagarde’s Future Amid ECB Rate Hikes
Speculation about the future of European Central Bank (ECB) president Christine Lagarde is growing as the…
Ukraine’s Drone Attacks Disrupt Russian Maritime Operations
Ukraine has stepped up its drone attacks on Russian-linked merchant ships. This change in strategy is…
Panama Canal Reduces Ship Transits Amid El Niño Drought
The Panama Canal will cut the number of ships passing through it starting September 3 due…
German Business Activity Grows in August
German business activity expanded slightly in August, driven by a recovery in manufacturing, according to the…
ICG’s €1.2 Billion Takeover Bid Likely to Fail Before Vote
Irish Continental Group's (€1.2 billion) takeover bid is likely to fail. Early proxy votes show strong…
UK Government Reports £1.8 Billion Deficit in July 2023
The UK government reported a larger than expected deficit of £1.8 billion in July, according to…