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Top StoriesAnalysis-Russia’s ‘political’ Debt Default Sets Emerging Market Precedent
InvestingGlobal Equity Funds See First Weekly Inflows in Seven Weeks
Top StoriesBlinken to Say China Strategy Is About Rules-Based Order, Not ‘new Cold War’
Top StoriesAnalysis-As N.Korea Gears up for Potential Nuclear Test, Missiles Get Little Domestic Fanfare
Ukraine Says Russia Shells More Than 40 Towns in Donbas Push
Date: May 26, 2022
By Pavel Polityuk and Max Hunder KYIV (Reuters) – Russian forces shelled more than 40 towns in Ukraine’s eastern Donbas region, Ukraine’s military said, threatening to shut off the last main escape route for civilians trapped in the path of their invasion, now in its fourth month. After failing to seize Ukraine’s capital Kyiv or...
Why Quality Matters Now More Than
Date: May 25, 2022
By Jamie Ross, Fund Manager at Henderson EuroTrust With the clocks going forward and nights lengthening, we’re far enough into 2022 to assess the year’s current market conditions. And one thing is for sure – uncertainty seems to be the new normal. In this article, Jamie Ross, Portfolio Manager of Henderson EuroTrust, explores the factors...
Global Mutual Funds Investors Could Sell $350 Billion Worth Equities This Year -Barclays
Date: May 25, 2022
(Reuters) – Barclays said on Wednesday global mutual funds investors could sell equities worth a further $350 billion this year, unless fears of recession diminish, due to an uncertain macro backdrop and monetary policy tightening. Investors have been selling equities in the wake of rising inflation, prompting economies to hike interest rates. Russia’s invasion of...
UK Stocks Edge Higher, M&s Slips on Gloomy Outlook
Date: May 25, 2022
By Sruthi Shankar (Reuters) -UK stocks edged higher on Wednesday as the global mood steadied after a bruising previous session, while Marks & Spencer slipped on a warning that rising cost pressures and economic uncertainty would weigh on its outlook. The blue-chip FTSE 100 index was up 0.4%, with commodity majors providing the biggest boost....
UK Stocks Hit by Global Gloom, Windfall Tax Threat for Utilities
Date: May 24, 2022
By Sruthi Shankar (Reuters) -UK’s FTSE 100 fell on Tuesday, as the global mood soured after bleak results from social media firm Snap Inc and shares of British utilities slumped after a media report fuelled speculation of windfall tax. UK power generating companies Drax, Centrica and SSE plunged between 10.9% and 17.5% after the Financial...
EU Lawmakers Move to Block Green Investment Label for Gas and Nuclear
Date: May 20, 2022
By Kate Abnett BRUSSELS (Reuters) – European Union lawmakers will attempt to block a plan to label gas and nuclear energy as sustainable investments as Europe wrestles with reducing its carbon dioxide emissions to address climate change. The European Commission, which is the EU executive, this year proposed including gas and nuclear in the bloc’s...