Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. More than a year into the Covid-19 pandemic, the prospect of more government spending continues to support the financial markets. European stocks are expected to rally...
Economics
China bank regulator warns of ‘bubble’ in foreign markets – business live
I’m worried the bubble problem in foreign financial markets will one day pop,” Guo Shuqing, chair of the China Banking and Insurance Regulatory Commission, told local media at a briefing in Beijing. He pointed to gains in US and European markets enabled by ultra-loose monetary...
China bank regulator warns of ‘bubble’ in foreign markets – business live
I’m worried the bubble problem in foreign financial markets will one day pop,” Guo Shuqing, chair of the China Banking and Insurance Regulatory Commission, told local media at a briefing in Beijing. He pointed to gains in US and European markets enabled by ultra-loose monetary...
Global stocks bounce back; UK factories suffer supply-chain woes – business live
“International supply lines remain tangled after months of disruption which, clients are telling us, is delaying imports of in-demand materials and causing production to flatline despite rising order books. Supply challenges, particularly for businesses with large networks, will take months to iron out. In response,...
Global stocks rise as bond markets stabilise – business live
A stock market indicator board in Tokyo, Japan, today Photograph: Franck Robichon/EPA Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. After a late-February wobble, the markets are starting March with a spring in their...
FTSE 100 tumbles as bond sell-off spooks markets – business live
The rapid rise in yields this week has come despite a perfectly competent performance from Fed Chair Jerome Powell in front of the Senate Banking and House Financial Services Committees. He gave his best assurances and it’s seemingly fallen on deaf ears. I expect we’ll...
Markets fall as bond selloff spooks investors – business live – business live
Traders on the floor of the New York Stock Exchange last night Photograph: Courtney Crow/AP Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. World markets are roiled today as a surge in government bond...
Brexit trade delays getting worse at UK border, survey finds
Delays importing and exporting goods to and from the EU have worsened since Brexit was introduced at the start of the year and will result in stock shortages and price rises for consumers, according to a report. A survey of 350 supply chain managers found...
UK jobless rate highest since 2016; reopening hopes lift travel shares; tech stocks slide – business live
“Every year we get some sort of market correction that throws everyone off balance. It certainly appears as if the market could be shifting in sentiment given the rise in bond yields and the sell-off we are seeing in tech focused names. Indeed, should this...