Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nigeria has sharply devalued its currency for the second time in eight months, as the west African country bids to clear up its messy system of exchange rates and attract investment to its flailing economy.
A rescue operation is underway in China’s equity markets with large and unusual flows into blue-chip funds suggesting a plunge by state-backed investors. It is unclear exactly who is buying, or whether their pockets are deep enough to turn around the sliding market. But analysts say the purchasing pattern points to the so-called “national team”
By David Milliken LONDON, Feb 1 (Reuters) – Britain’s central bank looks set to keep interest rates at their highest in nearly 16 years on Thursday, but the prospect that inflation may soon be back at the Bank of England’s 2% target will leave investors looking for hints of rate cuts to come. Sharp falls
It might be of some concern to shareholders to see the Ionic Rare Earths Limited (ASX:IXR) share price down 23% in the last month. But over five years returns have been remarkably great. To be precise, the stock price is 400% higher than it was five years ago, a wonderful performance by any measure. So
The Federal Reserve signaled that it’s considering cutting its key interest rate but isn’t yet confident inflation is licked. The S&P 500 extended losses after release of the Fed policy statement and chair Jerome Powell’s comment that a March rate cut was “not the base case.” X Fed Chair Powell Powell indicated that the good
The Federal Reserve is set to wrap up its January FOMC meeting on Wednesday with Chair Jerome Powell speaking on the Fed’s latest interest rate decision at 2:30 P.M. EST. Investors are watching closely as the debate on Wall Street — as to when and if the Fed will cut interest rates in early 2024
Long term investing can be life changing when you buy and hold the truly great businesses. And we’ve seen some truly amazing gains over the years. Don’t believe it? Then look at the Kinsale Capital Group, Inc. (NYSE:KNSL) share price. It’s 576% higher than it was five years ago. If that doesn’t get you thinking
MOSCOW (Reuters) – Moscow Exchange, Russia’s largest bourse, is hoping to see over 20 initial public offerings (IPOs) this year, it said on Wednesday, in a market ruled by retail investors since the exodus of Western capital over the conflict in Ukraine. Russian companies raised only around 140 billion roubles ($1.6 billion) in nine IPOs
Key Insights Given the large stake in the stock by institutions, James Halstead’s stock price might be vulnerable to their trading decisions The top 5 shareholders own 55% of the company Insider ownership in James Halstead is 20% A look at the shareholders of James Halstead plc (LON:JHD) can tell us which group is most
Key Insights Significant control over Laiqon by individual investors implies that the general public has more power to influence management and governance-related decisions 44% of the business is held by the top 10 shareholders 17% of Laiqon is held by Institutions If you want to know who really controls Laiqon AG (ETR:LQAG), then you’ll have