Is April’s best-performing currency set for further gains?
South Korea’s won outperformed major global currencies in April, and according to HSBC, investors can expect it to continue rising this year.
Welfare and tax boost for Brazil poor
Brazil’s President Dilma Rousseff announces an increase in social security payments and tax cuts ahead of her re-election campaign in October.
VIDEO: Western equality ‘not working’
Economist Thomas Piketty says “democratic institutions cannot work properly if inequity becomes too extreme”.
IMF approves $17bn Ukraine bailout
The International Monetary Fund approves a bailout for Ukraine, to help the country’s beleaguered economy.
Sell in May and go away: Is it true?
There’s an old saying in the stock market: sell in May and go away. Now that the first of May is here should we sell?
Ex-Nokia boss’ pay-off rises to $33m
Former Nokia chief executive, Stephen Elop, receives a bigger-than-expected pay-off, as the firm finalises the sale of it handset business to Microsoft.
China official PMI rises slightly to 50.4 in April
China’s official manufacturing Purchasing Managers’ Index rose to 50.4 in April from 50.3 in March, data released Thursday showed.
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.