A Major title is obvious next step for Hideki Matsuyama, the brightest Asian prospect in the men’s game October 31, 2016 The golfing world has been talking about Hideki Matsuyama for a few years now and this week in Shanghai he took another big step towards fulfilling the promise he has displayed since he was a teenager. Matsuyama claimed the most significant victory yet of his career at the HSBC-Champions on Sunday, pulling clear of a [...]
Rory McIlroy puts bid for $1.25m Race To Dubai prize on hold and pulls out of Turkish Airlines Open over security fears October 30, 2016 World No2 Rory McIlroy admits he may have sacrificed his chances of winning the Race To Dubai by withdrawing from this week’s Turkish Airlines Open because of security concerns. McIlroy decided to pull out of the event in Antalya on Saturday, four days after a car bomb injured several people in the city, which was [...]
FTSE 100 closes within a whisker of 7,000 as sterling pares some of its losses October 28, 2016 The FTSE 100 finished the week marginally higher – and within a whisker of the 7,000 mark. After a day of volatility, the UK's blue-chip index closed up 0.14 per cent, at 6,996 points, buoyed by a strong US GDP figure. It was pushed up by International Airlines Group, the British Airways owner, whose shares rose [...]
Here’s what will happen to the US economy if Donald Trump is elected and enacts all the policies he’s announced October 28, 2016 Much time and energy has been spent decrying Donald Trump for his insults, on social media and otherwise, which are aimed at Hillary Clinton and many, many others. But what about if Trump actually wins, and implements the policies he's announced during his campaign? Researchers Didier Borowski and Philippe Ithurbide at Amundi Research have analysed Trump's [...]
Third quarter US GDP beats expectations, bolstering rate rise hopes October 28, 2016 Uncle Sam surprised the markets this afternoon by announcing that the US economy was growing at a faster rate than expected. US gross domestic product (GDP) grew at 2.9 per cent over the last 12 months, the fastest rate for two years. A consensus of analysts polled by Reuters expected growth of 2.5 per cent. Read [...]
Gold prices: Value of the yellow stuff rises in modest rally as Hindu festival of Diwali approaches October 27, 2016 The price of gold has modestly rallied in the run-up to Diwali, the Hindu festival of lights, on Sunday. Spot gold prices were trading at $1,269.83 per ounce today, up almost $30 from lows earlier this month. Prices often rise as the festival approaches each autumn, as giving and receiving gold is a key part of [...]
This government will be more radical on savings and pensions than you think October 27, 2016 For all her bold ambitions to reshape Britain’s economy in a more interventionist direction, Theresa May is unlikely to spend as much time on domestic matters as she might like. Brexit is said to be the most fiendishly complicated task Whitehall has had to undertake since the Second World War, touching nearly every area of [...]
Rory McIlroy reveals the massive prize money cut he gave to caddie J.P. Fitzgerald after winning the FedEx Cup October 27, 2016 You would have needed to be ranked as one of the top 110 golf players in the world last season to have earned more than $1m in prize money. Not a bad career. Alternatively, you could land a job as a caddie for one of the very best players and earn even more without having to tee [...]
Inside Big Bang: The chaotic October morning that created the modern City October 26, 2016 Shortly before 8am, as Sir Nicholas Goodison surveyed the floor of the Exchange crowded with foreign television crews and curious journalists, he was a little apprehensive. After so much hype about the possibilities of what had been termed Big Bang, and difficult negotiations with Margaret Thatcher’s ministers, and efforts to persuade the more conservative elements [...]
The devil you know, the devil you don’t: How to protect your investments whoever wins the US election October 25, 2016 As polling day draws near, it is regrettable that the contest to become the 45th President of the United States has been more about personality than policy. The campaign has been distinguished on one side by preposterous promises to suspend the entry of Muslims into the country and build a hard border with Mexico, and [...]