Gold price: what’s behind the safe haven’s latest rally? May 25, 2024 The price of gold - one of the ultimate safe haven assets - has risen nearly 30 per cent since August last year. What's behind the rally?
Formula E and motorsport at heart of a China waking from its slumber May 25, 2024 In Rome’s Palazzo dei Congressi last summer, Formula E chief executive told City A.M. that a return to racing in China after four years was on the cards. “We need to be in mainland China,” he said. “I know we can dance around that a bit but we need to be in mainland China. “Every [...]
FTSE 100 today: Footsie to open lower amid political uncertainty and wavering rate cut bets May 24, 2024 Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.
Why the prospect of a Shein listing is dividing the City of London May 22, 2024 Shein's plans to reportedly float on the London Stock Exchange have been seen as a welcome boost in some quarters. But the Chinese founded fast-fashion giant is posing difficult questions for the City, writes Charlie Conchie
FTSE 100 today: London markets set to open higher if UK inflation falls in line with expectations May 22, 2024 Asian indices mixed despite Wall Street's record highs; RBNZ kept rates steady. Investors await UK CPI, Fed minutes, and Nvidia earnings.
FTSE 100 today: British blue-chip index set for subdued start amid cautious US Fed comments May 21, 2024 Asian markets dipped. Oil prices fell, gold stayed near highs, and Australia's BHP Group surged. Focus on Fedspeak and BOE's Andrew Bailey.
Shein: Sajid Javid hunted for senior role at fast-fashion giant as London listing rumours swirl May 20, 2024 The fast-fashion disruptor has been plotting a bumper float on London’s public market.
City minister Afolami rounds on regulators and calls to maintain ties with China May 20, 2024 The City minister has doubled down on the government’s collision course with regulators today as he laid out a choice between “high regulatory barriers” and making the Square Mile “competitive” on the global stage.
Lotus supplier CT Automotive swings to profit May 20, 2024 CT Automotive swung to a full-year profit on Monday amid a recovery in the global automotive market and the re-opening of Chinese markets.
China’s BYD nears deal to supply London’s electric double decker buses May 19, 2024 Chinese automaker BYD is closing in on a deal that would see it supply all-electric double decker buses in London.