Hints and tips:
...The price-to-book ratio of companies listed on South Korea’s flagship Kospi index is 0.91, significantly lower than the Nikkei 225’s 2.01....
...The boost from its earnings helped push the S&P 500 index and the tech-heavy Nasdaq Composite to new highs. The ripples spread far beyond the US....
...Judging by today’s purchasing manager indices from S&P Global, UK business conditions are also looking more favourable, with services activity continuing to rise and the manufacturing downturn easing....
...But Darren Woods insisted the companies — and their leaders — would be able to maintain a “collaborative” relationship. “It’s business....
...The US was well placed to start cutting interest rates because of the rapid fall in inflation, the OECD said today, in stark contrast to the UK, which the organisation maintained would experience the G7’s...
...Tim Moore of survey organisers S&P Global said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close on...
...It follows Channel 4’s announcement of 200 job cuts, with staff reductions also soon likely at the BBC and ITV. Wuhan in China is emerging as a key testing centre for self-driving cars....
...UK housebuilding activity shrank for the 11th consecutive month as high borrowing costs hit demand, according to new S&P Global PMI data....
...UK business activity grew marginally in November, according to new S&P Global/Cips PMI data....
...Cars, watches and handbags could be targeted by new anti-money laundering controls in Singapore in the aftermath of a S$2.8bn (US$2bn) scandal....
...In the UK, the “flash” reading for the S&P Global/Cips purchasing managers’ index this morning showed business activity slipping at the fastest rate since January 2021, suggesting the economy was heading...
...A S$1bn (US$737mn) money laundering investigation in Singapore is being widened as prosecutors seek documents from at least 10 banks....
...Commentator Anjana Ahuja says at least three descendants of Covid-19’s Omicron variant have scientists on alert. US regulators have approved new boosters from Pfizer and Moderna....
...Almost three-quarters of all seaborne Russian crude flows travelled without western insurance in August, a lever used to enforce the G7’s $60-a-barrel oil price cap....
...Factory activity expanded in September for the first time in six months according to government PMI data on Saturday, while S&P Global data yesterday also showed improvement....
...The absence of Chinese president Xi Jinping is a blow to the G20’s status as a global leadership forum....
...UK housebuilding slumped in August at the second-fastest pace since the first Covid lockdown, according to the S&P Global/Cips UK Construction Purchasing Managers’ index, as concerns about the economic outlook...
...That voids 2003’s impressive but uncharacteristic Think Tank, made in the aftermath of guitarist Graham Coxon’s angry exit from the band, and 2015’s decent The Magic Whip, an on-the-hoof reactivation that...
...Moreover, an analysis by rating agency S&P suggests UK banks have handed more of the benefits of interest rate rises to savers than their counterparts in Europe and the US....
...Chris Williamson, chief business economist at S&P Global Market Intelligence, which publishes the index with the Chartered Institute of Procurement and Supply, said the data showed the UK economy had “come...
...Last year’s Inflation Reduction Act and Chips and Science Act, alongside 2021’s Infrastructure Investment and Jobs Act, offer hundreds of billions of dollars of subsidies, grants and loans to spark new investment...
...Here’s what else I’m keeping tabs on today: Manufacturing: S&P Global publishes its manufacturing purchasing managers’ indices for the EU, UK and US while the US Institute for Supply Management publishes...
...A new Big Read highlights how just seven tech companies are driving the US stock market rally, with the S&P 500 enjoying its best first-half of the year for two decades, despite worries about the direction...
...Foreign policy experts said the G7’s tough language — and the US successfully persuading European countries to take a harder line — would make China even less willing to co-operate on issues of concern...
...chief executive Darren Woods Results: Embraer Q4, Marshalls FY Tuesday Australia: interest rate announcement Canada: February CPI inflation rate data Germany: Zew Economic Sentiment Japan: Bank of...
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