UK retail sales growth cut to 1.1% after ONS error
The accuracy of Britain’s economic data has come under fresh scrutiny after the Office for National Statistics (ONS) admitted to a mistake in its retail sales figures. On Friday, the…
Jet2 share price has hit turbulence: is it a bargain now?
The Jet2 share price hit turbulence this week, tumbling to a low of 1,210p, its lowest level since April this year. Its lowest level this week was down by over…
Asian markets open: MSCI rises 0.7%, China falls 2% as rate-cut bets fuel rally
A powerful wave of optimism is sweeping through global markets, with Asian equities climbing in lockstep with Wall Street as weak US labor data cements expectations for an imminent Federal…
Morning brief: China tariffs US fiber; dollar slips; Trump sons’ crypto soars
A day of significant market-moving events is underway, as China retaliates with new tariffs on a key US technology, the American dollar weakens on growing expectations of a Federal Reserve…
Trump seeks SC backing for tariffs that could reshape $1 trillion trade flow
The legal fight over tariffs in the United States is heading to the highest court, with President Donald Trump asking the Supreme Court to uphold his sweeping global levies. At…
Nidec shares plunge 22% after suspected accounting scandal at China unit
Shares of Japanese motor maker Nidec Corp. tumbled steeply on Thursday after the company disclosed possible accounting misconduct at one of its Chinese subsidiaries, sparking concerns over governance and financial…
TLT ETF analysis as outflows slow amid a Trump tariff silver lining
The iShares 20+ Year Treasury Bond ETF (TLT) has remained in a tight range this week as investors assess the impact of tariffs on the economy and the upcoming actions…
Europe markets open: Stoxx 600 flat, FTSE -0.2% as Trump takes tariff fight to SC
A tense and divided morning is unfolding across European markets, with stocks opening to a mixed and hesitant picture as investors grapple with a legal bombshell that has thrown the…
BYD cuts 2025 sales target amid slowing growth: report
BYD has lowered its sales target for this year by as much as 16% to 4.6 million vehicles, Reuters reported earlier today, citing two people with knowledge of the matter.…
Job losses loom for South African sugar farmers amid trade challenges
South Africa’s sugar farmers face a “double whammy” from cheap imports and US tariffs, which have been eating into their earnings. Nkosinathi Msweli’s sugarcane farm in KwaDukuza, a predominantly rural and…