Rathbones Cut Gilt Exposure in Case Burnham ‘Does a Truss’
Rathbones Asset Management has reduced its holdings of UK government bonds to avoid a potential selloff if Andy Burnham boosts spending and raises borrowing.
Rathbones Asset Management has reduced its holdings of UK government bonds to avoid a potential selloff if Andy Burnham boosts spending and raises borrowing.
Klarna is seeking to offload credit risk tied to a portfolio of ‘buy now, pay later loans’, in a deal aimed at freeing up capital as it looks to accelerate its international expansion plans.
At a time of acute investor unease over a selloff in AI-inflated tech stocks, this week’s results from Taiwan Semiconductor Manufacturing Co. and ASML Holding NV carry even greater significance than usual.
Anna Edwards, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
The liquefied natural gas market will move into oversupply in 2028, a year later than previously forecast, as war in the Middle East and major project delays push back the emergence of a global glut, according to BloombergNEF.
The World Bank and Deutsche Bank AG are starting a €1 billion trade finance platform for frontier and emerging markets.
Andy Burnham has yet to announce his choice for UK Chancellor of the Exchequer, but among the presumptive next prime minister’s leading candidates, Energy Secretary Ed Miliband is seen as the least market-friendly choice, according to the latest Bloomberg Markets Live Pulse survey.