Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a bond portfolio manager at Barksdale Investment Management and editor of ‘The Credit Investor’s Handbook’The junk bond market has roared back to life, making May the busiest high-yield bond issuance month in the year to date. It was hard to catch a breath from one new issue to the next. This good news for credit investors has a downside — we have to go back to worrying about liability management exercises.LMEs are debt restructurings where one creditor can usurp…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.One of my regular tasks is monitoring newly published reports about the UK housing market for my weekly email. Recently, I’ve noticed that, while government releases have focused on their planning reforms, the private sector is more interested in the demand for new homes, with many calling for a new equity loan scheme for housebuilders to attract buyers.To recap, the previous Help to Buy equity loan scheme to enable first-time buyers to get on the property ladder was controversial. It provided buyers…

The Warriors have brushed Cronulla aside in a 40-10 win that has helped create a breakaway pack of four in the race for the NRL minor premiership.Marshalled by one-time Cronulla playmaker Luke Metcalf, the Warriors kept pace with fellow top-four contenders Canberra, Canterbury and Melbourne with victory in front of 13,727 at Shark Park on Saturday.Metcalf will take the plaudits for the Warriors’ round 14 victory, but some of the Kiwi outfit’s young forward talent – namely Demetric Vaimauga and Leka Halasima – trumped the Sharks for both flair and fight.The win for Andrew Webster’s side opens up a four-point…

JAKARTA: Indonesia said on Saturday (Jun 7) that free trade negotiations with the European Union, which have been going on for nine years, are expected to finish by the end of June. Airlangga Hartarto, the chief economic minister for Southeast Asia’s biggest economy, met with EU Commissioner for Trade Maros Sefcovic in Brussels on Friday. “Indonesia and the European Union have agreed to conclude outstanding issues and we are ready to announce a conclusion of substantial negotiations by the end of June 2025,” Airlangga Hartarto said in a statement. He did not disclose details about what agreements may have been…

An Iranian spokesperson called the move a sign of a ‘supremacist and racist mentality’ dominating US policy.Iran has sharply criticised United States President Donald Trump’s travel ban on its nationals and those of several countries, calling it “racist” and a sign of deep-rooted hostility towards Iranians and Muslims. Trump earlier this week signed an executive order that bars and restricts travellers from 19 countries, including several African and Middle Eastern nations. The policy, set to take effect on Monday, echoes measures introduced during Trump’s previous term in office from 2017-2021. In the executive order, Trump said he “must act to…

What’s at stake as Trump and Musk feud publicly – CBS News Watch CBS News There’s no sign that a reconciliation is possible between President Trump and Elon Musk after the two traded insults in public view. Scott MacFarlane reports there is a lot of money and political power at stake. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

Halifax has been without an AI wildfire surveillance system since October when the pilot project ended. For residents who were directly impacted by the Tantallon wildfires and for councillors in districts in which these towers were located, this is the first time they’re hearing the program is offline.“It’s a bit of a dangerous time to maybe not have all things focused on the task at hand,” said Richard O’Fegan, Westwood Hills Residents Association president.He says he was excited when he first heard about the FireScout pilot program that ran from March until October 2024.O’Fegan viewed it as a step in…

NEWYou can now listen to Fox News articles! Brad Marchand had the potential game-winning goal for quite some time – when it was snatched away from him, he made up for it.The reigning Stanley Cup champion Florida Panthers evened up the final on Friday night with Marchand’s double-overtime goal, giving the Cats a 5-4 win in Game 2 against the Edmonton Oilers.After scoring three goals during the first 12:37 of the game, Edmonton could no longer find the back of the net. In desperation mode and down 4-3, the Oilers pulled Stuart Skinner from the net with 2:33 left in regulation,…

Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker added nearly 5%, a day after plunging 14% as CEO Elon Musk and President Donald Trump publicly feuded . Broadcom — Shares of the chipmaker slipped about 2% before the opening bell, on the heels of lackluster free cash flow in the second quarter. Broadcom reported free cash flow of $6.41 billion, while analysts surveyed by FactSet were looking for $6.98 billion. Broadcom stock has risen more than 12% year to date. Circle Internet Group — The stablecoin company popped nearly 14%, following…

West Coast co-captain Oscar Allen has completed a light session with teammates in Bunbury amid doubt over his status for their historic clash with North Melbourne tomorrow.