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UPDATE 1-ICG’s assets under management jump to $56.15 bln, raises fundraising targets – Reuters

08 Jun Stock Analysis

Asset manager Intermediate Capital Group Plc posted a 19% jump in its full-year third-party assets under management (AUM) to…

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‘Zombie’ companies likely to keep commercial insurance rates rising -Swiss RE – Reuters

08 Jun Stock Analysis

The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the…

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‘Zombie’ companies likely to keep commercial insurance rates rising -Swiss RE – Reuters

08 Jun Stock Analysis

The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the…

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Wall Street body proposes new rules on short positions, stock loans – Reuters

07 Jun Stock Analysis

The Financial Industry Regulatory Authority (FINRA), Wall Street’s self-regulatory body, has proposed changes to its short-interest…

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Ivory Coast’s cocoa mid-crop threatened as dry spell drags on – Reuters

07 Jun Stock Analysis

An unusual dry spell persisted across most of Ivory Coast’s cocoa-growing regions last week, fuelling farmers’ fears that the…

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Anglo spinoff points to darker future for coal – Reuters

07 Jun Stock Analysis

Anglo American (AAL.L) has shown how much shareholders hate coal. Thungela Resources (TGAJ.J), the London-listed mining giant’s…

S.Africa coal miner Thungela valued at $253 mln after Anglo spin-off – Reuters

07 Jun Stock Analysis

South Africa’s Thungela Resources (TGAJ.J), which was spun off from Anglo American (AAL.L), is valued at roughly 3.4 billion…

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UPDATE 1-Forced relocation of swaps clearing to EU would harm bloc, says LSE – Reuters

07 Jun Stock Analysis

Forcing euro derivatives clearing to move from London to the European Union would bump up costs for customers and…

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China’s imports grow at fastest pace in decade as materials prices surge – Reuters

07 Jun Business

China’s imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials,…

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Thai stock investor mood improves as mass vaccination starts – Reuters

07 Jun Stock Analysis

Investor confidence in Thai financial markets for the three months ahead has risen slightly on optimism over the country’s…

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