UPDATE 1-ICG’s assets under management jump to $56.15 bln, raises fundraising targets – Reuters
Asset manager Intermediate Capital Group Plc posted a 19% jump in its full-year third-party assets under management (AUM) to…
Reuters
‘Zombie’ companies likely to keep commercial insurance rates rising -Swiss RE – Reuters
The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among…
‘Zombie’ companies likely to keep commercial insurance rates rising -Swiss RE – Reuters
The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among…
Wall Street body proposes new rules on short positions, stock loans – Reuters
The Financial Industry Regulatory Authority (FINRA), Wall Street’s self-regulatory body, has proposed changes to its short-interest…
Ivory Coast’s cocoa mid-crop threatened as dry spell drags on – Reuters
An unusual dry spell persisted across most of Ivory Coast’s cocoa-growing regions last week, fuelling farmers’ fears that the…
Anglo spinoff points to darker future for coal – Reuters
Anglo American (AAL.L) has shown how much shareholders hate coal. Thungela Resources (TGAJ.J), the London-listed mining giant’s…
Stock Analysis
S.Africa coal miner Thungela valued at $253 mln after Anglo spin-off – Reuters
South Africa’s Thungela Resources (TGAJ.J), which was spun off from Anglo American (AAL.L), is valued at roughly 3.4 billion…
UPDATE 1-Forced relocation of swaps clearing to EU would harm bloc, says LSE – Reuters
Forcing euro derivatives clearing to move from London to the European Union would bump up costs for customers and put EU firms…
China’s imports grow at fastest pace in decade as materials prices surge – Reuters
China’s imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although export growth…
Thai stock investor mood improves as mass vaccination starts – Reuters
Investor confidence in Thai financial markets for the three months ahead has risen slightly on optimism over the country’s COVID-19…