Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
Thames Water Draws Final £677M Lifeline as Cash Runs Out in November
Thames Water is drawing the final £677 million from its £3 billion lender lifeline after warning it could run out of cash by November. The u
Bridgepoint Acquires Majority Stake in GBA Group, Valuing Lab Network at Over €1 Billion
Bridgepoint has agreed to buy a majority stake in GBA Group, a German lab-testing company, from Ardian. The deal values the business at over
Emerging Markets Split: Chip Rout Hits Stocks, Currencies Steady on Dollar Weakness
Emerging-market assets showed a split on Tuesday: stocks fell 1.2% as Asian chip stocks slid again, but currencies edged 0.1% higher. The di
BlackRock Backs SP Group's First Dollar Bond at 14.5% Yield in High-Stakes Refinancing
India's Shapoorji Pallonji Group has raised $650 million in its first dollar bond, yielding 14.5%, with BlackRock participating. The three-y
Hong Kong Stocks Rise 1.3% as Cooling US Inflation Overshadows Iran Tensions
Hong Kong stocks climbed 1.3% as softer US producer inflation strengthened expectations the Fed will hold rates later this month. The gains
SNB Ready to Intervene as Middle East Tensions Threaten Franc Strength
The Swiss National Bank says renewed Middle East conflict could drive the franc higher, and it's prepared to intervene if moves are rapid an
Shanghai Composite Falls 1.9% as US-Iran Strikes Continue, Xi AI Speech Awaited
Chinese stocks fell sharply on Tuesday, with the Shanghai Composite dropping 1.9% as investors weighed a fifth day of US strikes on Iran and
European Stocks Stall as AI Optimism Clashes with Oil Price Jitters
European stocks stalled as AI optimism from TSMC's record profit was offset by oil price jitters with Brent near $85. Selective M&A, includi
Nikkei Slides 2.8% as Chip Stocks Tumble Despite TSMC's Record Profit and Raised Outlook
Japan's Nikkei closed 2.8% lower as chip stocks tumbled and Middle East tensions dampened sentiment, even after TSMC reported record profit
FTSE 100 Dips 0.6% as Retail Gains Clash with Housing and Deal News
The FTSE 100 slipped 0.6% on Thursday as retail strength from Premier Foods and Dunelm was offset by cautious outlooks from DFS Furniture, C
South Africa's Rand Holds Near 16.35 as Brent Crude Rises to $85 on US-Iran Tensions
Brent crude oil extended its rally to a fourth day, reaching around $85 a barrel amid rising US-Iran tensions. The move kept South Africa's
BHP's Copper Output Cut Drags Australian Market to Flat Close
BHP's copper production outlook for fiscal 2027 fell short of expectations, causing its shares to drop over 2%. The decline weighed on Austr