China plans crackdown on iron ore import loans
China plans to get tougher on loans for iron ore imports as concerns grow that steel mills are using import loans to stay afloat. The FT reports.
Three killed in China train station attack
Three people were killed and 79 wounded in a bomb and knife attack at a train station in western China on Wednesday, state media said.
Is sterling punching above its weight?
Positive sentiment has spurred a winning streak for the pound, but some analysts are not convinced its strength will last.
Why Sony desperately needs to innovate
Innovation is the name of the game for most tech firms. In Sony’s case, much more needs to be done on this front, analysts say.
Morrisons cuts core product prices
Struggling supermarket Morrisons announces it will cut prices by as much as 17% on some products, in a bid to win back customers.
‘Weed’ portfolios, but don’t sell in May: Analysts
Stocks closed out April with a bang and many watchers believe this is not the year to sell in May.
US Fed continues to shrink stimulus
The US Federal Reserve announces a further slowdown of its stimulus efforts, trimming its monthly bond-purchases by $10bn.