Regarded as a daring investment all too recently, European stocks have become the flavour of the month. John Stepek suggests a better place to put your money.
The FTSE 100 saw a sharp rise yesterday after the Bank of England cut interest rates to 0.25% and extended its quantitative easing programme. The index closed up 1.6% at 6,740.
Several countries in the Middle East and Africa have cut all ties with the small Gulf state of Qatar. Finding a solution to the dispute will not be easy. Alex Rankine reports.
If US growth remains strong, that will benefit exporters to the US, reckons Templeton’s Mark Mobius.
Serial defaulter Argentina has issued a 100-year bond. Investors beware, says John Stepek. It’s the sort of thing you can only get away with at the top of the market.
Prime Minister Narendra Modi’s government is set to dramatically reshape India’s economy.
Mark Mobius, executive chairman of Templeton Emerging Markets Group, thinks consumer-facing stocks are emerging markets’ best buys.
Sainsbury’s has bid £130m to buy Nisa, the mutually owned consortium of more than 1,300 independent retailers, which operates 3,000 small shops.
The online retailer is buying a supermarket chain. The logic isn’t obvious, but the deal will shake the industry. Ben Judge reports.
King Salman of Saudi Arabia has “ousted” his nephew as crown prince and replaced him with his favourite son, Mohammed bin Salman.
Economic basket-case and serial defaulter Argentina has issued a 100-year bond. But who on earth would buy it?
Turkey is heading for default, says Jonathan Compton, and the resulting global domino effect should not be underestimated. Investors should stand clear.