UK to relaunch trade talks with India and form new Japan partnership Politics The UK is set to relaunch trade talks with India and form a new economic partnership with Japan, Downing Street has announced. It was confirmed that trade discussions with India will reopen at the start of next year, following a bilateral meeting between Sir Keir Starmer and Indian leader Narendra Modi at the G20 summit [...]
MS Amlin: Lloyd’s syndicate reports triple-digit growth in insurance service MS Amlin’s Lloyd’s syndicate reported an large jump in profits from underwriting from its insurance services, as partner group revises its full-year outlook
Japanese minister visits Ukraine over North Korean troops Politics Japan’s foreign minister has arrived in Kyiv to discuss North Korea’s deepening military alliance with Russia, including the deployment of thousands of troops to support Moscow’s war in Ukraine. Takeshi Iwaya will meet his Ukrainian counterpart, Andrii Sybiha, to reaffirm Japan’s “strong support” for Ukraine against Russia’s invasion and to discuss further sanctions against Moscow, [...]
Nvidia and Softbank team up to build new AI supercomputer November 13, 2024 Nvidia announced its partnership with Softbank to build a Blackwell-powered AI supercomputer, as Japan seeks to get ahead in the AI arms race.
Why bond funds just had their best month in five years August 20, 2024 Bond funds just recorded their highest monthly inflows in the last five years, as investors flocked to the safe havens in anticipation of the market crash in August. European investors poured €32.3n (£37bn) into fixed income funds during July, data from Morningstar revealed. “This surge reflects a strong appetite for fixed-income strategies amidst varied global [...]
Panic over? London’s FTSE 100 surges after overnight rally in Asia August 7, 2024 The global market rally picked up the pace on Wednesday with European equities surging after Japanese stocks recorded strong overnight gains. The FTSE 100 was up 1.8 per cent at 8,166.88 while the midcap FTSE 250 gained 1.0 per cent to trade at 20,576.03. The CAC in Paris gained 2.0 per cent while the DAX [...]
‘A turbocharged turnaround’: Asian stocks rebound after Monday’s global market rout August 6, 2024 "it's a turbocharged turnaround Tuesday in Asia," Deutsche Bank's Jim Reid said.
How the Bank of Japan fuelled the market rout August 5, 2024 Japanese equity markets suffered their worst day in decades as part of a global market sell-off fuelled in part by a long-awaited normalisation in Japan’s monetary policy. The Nikkei 225 lost 12.4 per cent on Monday, its worst day since 1987. The rout wiped out all the gains made by the Nikkei this year. The [...]
Ocado continues foray into Japanese market with expanded Aeon partnership July 8, 2024 In May, Ocado held its position as the fastest growing grocer for the third month in a row, as efforts to cut prices continued to pay off.
Yen on brink of breaching ‘psychological barrier’ as Bank of Japan poised to intervene June 24, 2024 The Japanese yen is at risk of passing the psychological barrier of 160 per dollar as markets prepare for the country's central bank to intervene in an effect to prop up the currency, as it has in the past.