Two regional Federal Reserve bank presidents said Tuesday that the US central bank could raise short-term interest rates at its meeting next month, despite low market expectations for such a move and uncertainty surrounding the referendum on the UK’s membership in the European Union.
A new report from Greenwich Associates shows that a large number of UK and EU companies appear to be shockingly complacent about the risks of Brexit.
Global fund managers are avoiding UK stocks in the run-up to a referendum on Britain’s membership of the EU, as the chance of a Brexit now tops investors’ worry list.
Japan’s economy grew at an annualised rate of 1.7 per cent in the first quarter of 2016, easily beating expectations of a 0.3 per cent rise, in a big boost to the country’s beleaguered policymakers.
The Senate passed legislation Tuesday allowing Sept 11 victims and their families to sue other countries for their role in the attacks, defying White House objections and reported threats by Saudi Arabia to sell its US debt holdings.
Boris Johnson is losing his political judgment and stooping to “obscene” depths under the strain of leading the campaign for Brexit, a Tory grandee claimed last night.
- EU’s Tusk Calls Brexit Advocate Boris Johnson’s Hitler Comments ‘Absurd’ – Business Insider
- Land Securities in £1.1bn Assets Cull to Limit Brexit Risk – FT (Subscription)
- Carney Is About to Stop Talking About Brexit – Bloomberg
Republican presidential candidate Donald Trump said on Tuesday he is willing to talk to North Korean leader Kim Jong Un to try to stop Pyongyang’s nuclear program, proposing a major shift in U.S. policy toward the isolated nation.
- Donald Trump and Megyn Kelly Are Convivial in Prime-Time Special – New York Times
- Clinton, Democrats Confronting Dangerous Divisions Within Party – Bloomberg
An Islamist extremist accused of funding the 2009 Jakarta suicide bombings has been selling advertising space on his website to international brands including Citigroup, IBM and Microsoft using a service provided by Google.
The London Stock Exchange and Deutsche Börse will put their proposed $30bn merger to create one of the world’s largest exchanges operators before shareholders only after Britain has voted on whether to leave the European Union on June 23.
The soon-to-be acquired SABMiller toasted its “good” results for the financial year to 31 March this morning, despite taking hits from currency headwinds and lower reported profits.
Antofagasta’s chairman, Jean-Paul Luksic, is remaining cautious on copper prices.
Chinese home-appliance maker Midea Group announced Wednesday it plans to launch a takeover of Germany’s Kuka AG, in a deal that values the industrial robot maker at more than $5 billion, making it one of the largest unsolicited approaches of a foreign company by a Chinese buyer.
Chelsea and Nike have agreed to the second-biggest apparel deal in English soccer. The US sports manufacturer will pay as much as 60 million pounds ($87 million) per season over at least 10 years to outfit the Premier League team starting in 2017, according to people familiar with the matter.
Suzuki Motor Corp. plunged after saying it used an improper method to test the fuel efficiency of its vehicles, widening a scandal for Japan’s auto industry that first originated with Mitsubishi Motors Corp.
Haruhiko Kuroda’s pain is China’s gain. The Bank of Japan Governor’s efforts to bolster economic growth have been undermined by the yen’s surge, which outstripped all other Asian peers this year and spurred carmakers to project lower-than-estimated profits.
Chinese house prices rose at the fastest pace for two years in April, despite accentuated oversupply after investment poured into the construction sector in the first quarter.
David Wilkins, head of e-FX sales for EMEA and Asia at Goldman Sachs, discusses the growth of electronic EMFX trading on single bank platforms.
The latest figures from CLS show that April was the busiest month this year for the settlement system.
German Court to Rule on ECB Bond-Buying Plan – fastFT (subscription) Germany’s powerful constitutional court will finally deliver its ruling on the European Central Bank’s programme to buy sovereign bonds of troubled member states, two days before the UK’s EU referendum.