flash-finance

The yuan advanced after China’s central bank signaled its comfort with the currency’s strength by setting the daily reference rate below 6.80 per dollar for the first time since 2023.

Japan’s long-term bond yields fell and the yen strengthened after Finance Minister Satsuki Katayama said the government wants to encourage pension funds, including the Government Pension Investment Fund, to increase investment in domestic financial assets.

Private equity has a winning formula for breaking the will of publicly traded UK targets. First, make (or merely weigh up) a cheap offer. Then, if your ambitions leak, let the outrage flush out the price shareholders will accept and leave them to nudge the board into talks. Is there no way of ending

Unfinished railway is emblematic of the country’s fiscal strains.

Corn futures steadied ahead of a key monthly US report on supply and demand, while concerns about weather risks eased.

An over-reaching Tehran seems to be looking at America’s confused moves and wondering what it may be missing

Also ex-Elon ETFs, Egg Libor, middle-market banking and fundraising agents.

BP CEO says company must sharpen financial discipline Reuters

Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy

Covering global equities, rates, currencies, policy, fintech, and deals, the publication reports what moved and why for the people who allocate capital. Covering global equities, rates, currencies, policy, fintech, and deals, the publication reports what moved and why for the people who allocate cap