Prudential shares bounce as chief lays out new Asia push August 30, 2023 Prudential announced a fresh growth push into Asia and Africa today as it laid out a hefty warning missive to investors over the slowing global economy.
FTSE 100 close: London markets storm to two week high August 29, 2023 London’s premier index stormed to a two week high thanks as falling food inflation and hopes of a Chinese stimulus package lifted sentiment. The bluechip FTSE 100 ended 1.7 per cent higher at 7,464.99 while the midcap FTSE 250 rose 1.9 per cent to 18,468.59. Many markets around the world saw strong trading yesterday, when [...]
Axe the £4bn-a-year share tax holding back stock markets, government told August 29, 2023 CALLS are increasing for the UK’s £4 billion-a-year share trading tax to be reduced or scrapped in an effort to reinvigorate our capital markets.
How Aston Martin revved up to become the fastest riser on the FTSE 250 August 28, 2023 Aston Martin is revving up a gear this year after a slew of major announcements, with shares more than doubling in value to make it the best performer on the FTSE 250 in the last 12 months.
New man from the Pru to lay out Asia-focussed growth plan August 27, 2023 Prudential is set to unveil its latest trading performance next week as shareholders hope for a revival under its new boss.
Next week in the City: Prudential, Bunzl and Grafton update investors August 26, 2023 Despite an August lull taking hold of the corporate calendar, Prudential, Bunzl and Grafton.
China’s slumping economy signals the end of a high growth era August 24, 2023 Exports have slumped, growth has stalled and the economy even slipped into deflation. The youth unemployment figures have gotten so bad that the government has stopped publishing them. These figures - or their absence - reveals more than an economy struggling to grow after Covid. What they demonstrate is that China’s growth model over the past few decades has run out of steam.
Why mining stocks have rebounded despite BHP’s profit slump August 22, 2023 China's gloomy economic data has chipped away at the share prices of the world's largest miners for months. But is a recovery underway?
FTSE 100 close: London kicks longest losing streak since 2019 as Arm listing lifts sentiment August 22, 2023 London’s FTSE 100 index rose for the first time in seven days as it successfully ended its longest losing streak since 2019. Miners helped lift the FTSE 100 0.2 per cent to 7,274.71 while the midcap FTSE 250 index climbed 0.7 per cent to 18,029.00. Fresnillo, Endeavour Mining, Anglo American and Glencore were among the [...]
ARM muscles up for bumper IPO with $70bn valuation and 28 rostered banks August 22, 2023 SoftBank Group Corp’s Arm Holdings Ltd reported a 1% fall in annual revenue due to a slowdown in smartphone sales, after the chip designer disclosed the paperwork for an initial public offering (IPO) that is expected to be the largest of the year. Arm’s stock market launch is expected to bring back to life a lackluster IPO [...]