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...For a start, he’s not as effective as others have been: the expensive lawyers didn’t silence Leslie or Burgis, the lavish donations haven’t protected his reputation....
...“There’s a whole lot to it to make sure that it doesn’t tarnish your brand, and that you really are looking after the [limited partners].”...
...“Since 2020, I can’t count how many times I saw people off at the airport,” Cheng says....
...Mary Perkins jokes that if you were to cut Specsavers’ workers open, “they’ve got green blood”....
...Policymakers in recent weeks have ramped up warnings about the yen’s weakness with finance minister Shunichi Suzuki saying this week that he wouldn’t rule out any steps to address excessive moves....
...Consumers “come and go” with these bubble tea chains, Wong said. “They don’t have a tendency or loyalty to any one of the companies....
...“The US is its own special case with very loose fiscal policy and now tight monetary policy, which is a recipe for a stronger dollar,” said Quentin Fitzsimmons, a senior portfolio manager at T Rowe Price...
...“With the economy this strong, policy isn’t as restrictive as the Fed thinks it is.”...
...The shorter settlement timeframe is known in industry jargon as T+1....
...“You couldn’t find that one perfect pair that carried you from day to night comfortably while looking chic.”...
...Stancliffe said retail investors will initially only be able to participate in auctions of new gilts, but didn’t rule out access to “taps” — auctions to top up existing bonds — in the future....
...Money managers at Pimco, JPMorgan Asset Management and T Rowe Price have all increased their exposure to European government debt in recent weeks....
...Investors buying new gilts at auction aren’t charged any dealing fees....
...In practice, however, it’s all a bit more complicated . . . those who know more about this than me, any thoughts to mary.mcdougall@ft.com will be warmly received....
...UK government bonds led a global rally on Tuesday as Bank of England governor Andrew Bailey told a parliamentary committee that the UK didn’t need inflation to come back to its 2 per cent target before it...
...Tomasz Wieladek, chief European economist at T Rowe Price, estimated that the latest rise in UK gilt yields would raise government interest costs by about 0.1 per cent to 0.15 per cent of gross domestic...
...For Pgim’s Peters, “a stronger economy with a little inflation isn’t such a bad backdrop for corporate America . . . if you just forget everything else and focus on the fundamentals, I think the fundamental...
...“It’s true that Italy is doing better than Germany growth wise and that is unusual,” said Tomasz Wieladek, chief European economist at T Rowe Price....
...“The BoE turned less hawkish, but relative to market expectation it wasn’t strong enough.” Markets place a 55 per cent chance of the first cut in May, from 62 per cent before the announcement....
...“That’s the plight of the immigrant: if they can’t find jobs, they start their own businesses,” Sung says, before breezily asking: “Now, folks, how is your appetite?”...
...To my wife (in Cantonese): Can’t you find a Chinese man? On receiving an order for another plate: You’ve had your meal, now pay the bill and get out. Michael QuinlanReigate, Surrey, UK...
...My personal style signifier is an old band T-shirt. I’m still wearing cotton T-shirts from the ’90s because they’re so comfortable....
...“It doesn’t take very much movement in the market for the lender to go underwater and actually be losing money....
...The market couldn’t avoid the assumption that the US economy is going to be stronger for longer.”...
...“It is a tough call, but it isn’t clear whether there will be easier alternatives.”...
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