Data suggests shipments of refined fuels are not picking up in blow to Asian economies starved of supplies by Iran war
Deputy governor says initial plans may have been ‘overly conservative’ and central bank ‘looking very hard’ at alternatives
Weaker dealmaking environment during turbulent period for country’s financial markets
The $25bn auction comes hours after data showing sharpest rise in producer prices since Russia’s invasion of Ukraine
Andy Burnham seen as biggest risk to UK government bonds
Investors hunt for winners in market that for years has lagged behind Wall Street’s rally
The bearish outlook may only be shortlived, presenting opportunities for longer-term investors
Diversification is the foundation of good investing
The bond vigilantes saddle up for Starmer
US chief executives should be wary of putting their own convenience ahead of transparency
Plus, UK gilts
Record gulf between Tokyo’s Nikkei 225 and Topix reflects major influx of foreign capital, analysts say
Also in this newsletter: government to invest $4bn in coal gasification
Indian tycoon had lobbied Trump administration and pledged billions of dollars of investment in America
Bondholders might balk at the recoveries offered so far, but any remedies involve complex negotiations
The revival in deal activity has law firms rebuilding their teams
Market reform has meant that large debts today are much less destabilising than smaller sums were in the past
Jump in share price of Cerebras underscores strong demand for shares in companies linked to AI boom
New subsidiary pivots to energy storage batteries for AI after disastrous electric vehicle writedown
Central bank increases target to 24% from 16% due to accelerating rise in prices triggered by Iran war
Protests erupt as energy minister admits island has ‘absolutely no’ supplies or reserves
Leadership hopefuls should not get into a trial of strength with bond investors
It must be true, we saw it on TV
PCAOB considers staff reductions as it takes less confrontational approach to industry oversight
Shares in European fintech have plunged 70% since September
UK’s largest fintech awarded licence to provide complex financial instruments to clients
UK private equity group has become heavily reliant on Dutch chain to power its returns
Plus, US oil producers aren’t drilling
The US Treasury has proposed investing some of the idle cash it keeps at the Federal Reserve into money markets
Body for pension and sovereign wealth funds wants costs shared between investors and buyout groups
Suriname, South America’s smallest and greenest country, is tying its future to a $10.5bn offshore oil development led by TotalEnergies
Private capital groups have a new opportunity to buy significant risk transfers tied to credit funds
The chances of claims management companies landing another big blow against the banks are fading
SDNY attorneys that took on Drexel and SAC Capital adopt more lenient stance on corporate wrongdoing
The FTSE 100 group’s chief executive says ‘this is our moment’ but private capital rivals are circling
Strait of Hormuz blockade prompts shortage of raw materials for everything from water bottles to car parts