Why are private jets so irresistible to the country’s bigwigs? May 13, 2024 City bigwigs and politicians seem set on using private jets to get around. Should we be up in arms or is it vital for efficiency?
London Stock Exchange boss says IPOs on the way as Shein and Raspberry Pi ready floats May 13, 2024 City grandees have cheered on a rebound for the beleaguered London Stock Exchange as fast fashion giant Shein and computer firm Raspberry Pi eye up blockbuster listings in the capital.
GLIL bags £475m pension injection after infrastructure spending spree May 13, 2024 GLIL Infrastructure, the investment vehicle backed by the Local Government Pension Scheme (LGPS), has secured £475m in additional fundraising from its members as it looks to up spending on UK assets.
Struggling Vodafone and BT to update the City on turnaround efforts May 13, 2024 A highly competitive market, heavy debts, tight regulation and dividend cuts are to blame for Vodafone and BT's poor performance.
Meet the fund manager: Finding the best ideas in the world May 13, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Gerrit Smit, manager of the Stonehage Fleming Global Best Ideas Equity fund. How does your fund stand out from others in the same market? Stonehage Fleming Global Best Ideas Equity Fund is a [...]
Exiled Hong Kong activist: HSBC ‘short-sighted’ for lobbying Sunak to ease China crackdown May 13, 2024 A leading Hong Kong pro-democracy activist has called major firms like HSBC and Standard Chartered "short-sighted" for lobbying the UK government to ease its planned clampdowns on China.
London’s strength suggests economic recovery has further to run May 13, 2024 "The sharp and quicker expansion in the capital also supported growth in activity across the UK as a whole," Catherine van Weenen, territory head of commercial mid market at NatWest, noted.
Guess who’s back? RWA Tokenization May 13, 2024 Tokenization of real world assets is finally seeing adoption by financial institutions. This time it’s different as the technology is more mature, regulators are supportive and there’s an increasing mindset on the topic. For anyone following blockchain and Web3, the tokenization of real-world assets (RWA) might have a familiar ring. Expected to be a key driver of the adoption of blockchain technology for the next couple of years, RWA tokenization has already been explored in past cycles, specifically between ‘16 and ‘18. In this article I’ll uncover what is different this time and quantify some of the adoption we’re seeing by the large financial players.
China’s economic rollercoaster: Consumer prices inch up in April amid lingering factory deflation May 13, 2024 China's consumer prices rose for the third month in April, while producer prices continued to fall, highlighting ongoing economic challenges.
FTSE 100 today: London markets set to hold strong in bull rally ahead of UK jobs data May 13, 2024 Asian markets started cautiously, while China's CPI rose for the third month. Investors now await US inflation data and Walmart's earnings.
