Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan weakening is neither the intent nor desirable. More here: https://t.co/A8KIyy3Neg
Great thread for anyone interested in auto-enrolment in pensions. What constitutes a worker, low pay levels and rights from day one all important for pensions policy
From @WSJopinion: The best solution to climate change isn’t to cut ourselves off from fossil fuels prematurely and embrace inadequate green alternatives. It is to ramp up investments in green innovation, writes @BjornLomborg. https://t.co/rMYvXrIqMu https://t.co/rMYvXrIqMu
Following similar moves in the US and EU, Japan and South Korea are among the countries introducing rules to rein in the dominance of Apple and Google https://t.co/tdA7pGUHIE
Chinese developer stocks rallied for a second day after two major cities scrapped restrictions on residential property purchases https://t.co/KrTnV3NSeg
Volatility can make investors nervous. But timing the markets is incredibly difficult. The better option, according to one investment manager, is to make small adjustments and focus on the long term. Partner Content by Orbis Investment Management
The yen weakened as US calls for caution on intervention added to expectations that the currency will face continued pressure due to a wide yield gap between the US and Japan https://t.co/u0P1DR7GeL
Israel has rejected a ceasefire proposal accepted by Hamas and announced it is pushing ahead with an assault on the town of Rafah in southern Gaza.
🔗 Read more https://t.co/qNC0gy9Dyc
The Fed won’t climb down from high rates yet, but other big central banks increasingly can’t wait, say @johnauthers and @annerquaye. Even if they’re nervous about taking the first step https://t.co/eKAxwfXXEU
Global investors are unwinding bets on local-currency bonds as some emerging-market central banks come under pressure to raise interest rates — rather than cut them as widely anticipated just weeks ago. https://t.co/uAPzvQZeg2
The UK’s second biggest mortgage provider stops making loans on homes at risk of flooding, over fears they may become uninsurable — and therefore, unsellable — over the coming years https://t.co/RN6ECHe0Yd
Mercedes-Benz's earnings plummeted 34% in the first quarter, weighed down by model changes and sluggish demand for electric vehicles https://t.co/Sv5imER3qX