Yields continue rising after global bond sell-off last week October 2, 2023 Yields on sovereign bonds edged up again on Monday, renewing a sell-off which took steam last week amid concerns over higher interest rates.
IMF warns on unsustainable rising debt burden from climate change policies October 2, 2023 Policies to tackle climate change could send debt to unsustainable levels unless governments are able to find new revenue sources, the International Monetary Fund (IMF) warned today.
London races ahead of San Francisco on fintech as chiefs rally behind reform October 2, 2023 London tech chiefs have called on the government to push ahead with reforms today after a new survey showed that London has climbed above San Francisco as a global hub for fintech for the first time.
FTSE 100 close: London markets close deeply in the red after poor PMI data shakes sentiment October 2, 2023 London's FTSE 100 markets slumped into the red on Monday, having opened slightly higher, as disappointing PMI data sparked a sell-off.
Manufacturing slide continues in wake of market uncertainty October 2, 2023 Rob Dobson, director at S&P Global Market Intelligence, said: “September saw the manufacturing sector still mired in contraction territory, as weak conditions at home and abroad hit new order intakes and led to a further scaling back of production volumes."
Should we be paying more attention to the money supply in fight against inflation? October 2, 2023 The surge in inflation over the past few years caught most central banks and many economists by surprise.
China: Manufacturing activity returns to expansion amid hopes economy is stabilising September 30, 2023 China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.
Science at the heart of the square mile September 29, 2023 | Sponsored The modelling started with Hurricane Andrew,” Oriol Gaspa Rebull tells me about the forecasting work Aon does to measure the risk of so-called ‘catastrophic’ events. That 1992 hurricane, which did extraordinary damage to South Florida, woke the industry up to the increasing severity of weather events. Every ‘event,’ of course, leaves insurers on the hook, [...]
Why Britain is no friend of capitalism September 29, 2023 Britain has been a home to free marketeers for centuries. Yet the public don’t seem to want them, writes Dr Rainer Zitelmann in this guest essay for City A.M. You might have thought that the home of Adam Smith, a raft of prominent economists and indeed Margaret Thatcher would have a rose-tinted view of capitalism – or [...]
Eurozone inflation falls to lowest level in two years in sign the ECB’s rate hikes worked September 29, 2023 Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank's steady diet of interest rate hikes was succeeding in curbing runaway prices albeit at a growing cost for economic growth.