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  • FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings

    May 2, 2024

    Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.

  • FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays

    May 1, 2024

    Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.

  • Shein cash giveaways similar to Temu’s raise data privacy issues

    April 30, 2024

    Fast-fashion giant Shein has launched a number of promotions on its app,  such as "magic draw", "draw easily", "free gift", and "spin to win".

  • Explained: The UK’s Chinese electric vehicle insurance quandary

    April 30, 2024

    Chinese electric cars are expected to flood the UK market and there is a growing nervousness among insurers that premiums could soar in response.

  • Who are the runners and riders to succeed Noel Quinn as HSBC boss?

    April 30, 2024

    In a shock announcement this morning, Noel Quinn announced that he is drawing the curtain on a nearly four-decade career at HSBC. So who are the leading contenders to succeed him as chief executive of Europe's largest bank?

  • Growth markets India and Thailand help Prudential keep up the momentum

    April 30, 2024

    Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.

  • HSBC chief Noel Quinn unexpectedly steps down after nearly five years

    April 30, 2024

    HSBC has unexpectedly announced that its group chief executive Noel Quinn will retire after almost five years in the role and has started searching for a successor to lead Europe's largest bank.

  • London’s ultra wealthy have ‘moved out’ since Brexit, says top private jet dealer

    April 30, 2024

    Brexit, changes to non-dom status tax rules and the Russia-Ukraine war has led to a slump in sales of private jets in London, a top dealmaker has said.

  • The Notebook: For the UK’s poorest, things are only getting worse – just look at the numbers

    April 30, 2024

    Ian Whittaker takes the Notebook pen to write about inflation, the US's Tiktok ban, and a little bit of life advice.

  • FTSE 100 today: London markets set to extend rally; US Fed decision, Apple, Amazon earnings in spotlight

    April 29, 2024

    Asian shares rose alongside their US counterparts, with Hong Kong equities extending a rally for the sixth straight day. The Japanese yen plunged below ¥160, but authorities did not intervene due to the holiday, while oil and gold prices dropped. The focus remained on upcoming earnings reports from tech giants Apple and Amazon, along with the Fed meeting and jobs data.

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