The British pound has fallen to its lowest level against the US dollar since 1985, as a new Prime Minister takes office and investors flock to the safe-haven currency. We hear more from Kenneth Rogoff, former chief economist at the International Monetary Fund.
Cineworld has filed for bankruptcy protection in the United States. The second largest cinema chai ... Show More
Aug 22
All eyes on Jerome Powell’s major speech at Jackson Hole
The Federal Reserve's annual summit is happening in the scenic setting of Jackson Hole kicks into high gear on Friday, with the Fed Chair, Jerome Powell, taking centre stage. UN agencies are warning that the global workforce needs better protection from excessive heat driven by w ... Show More
27m 35s
Jun 2024
Central banks are scooping up the US dollar
Shari Redstone has ended talks with Skydance Media over a deal to control Paramount, the number of central banks seeking to increase their exposure to the US dollar has increased sharply this year, the EU plans to put hefty tariffs on Chinese electric vehicles, and the UK Tories' ... Show More
11m 12s
Apr 2024
Prime money markets funds are in trouble
Three more US regulators have opened probes into Morgan Stanley, managers are planning to shut or convert US prime money market funds ahead of new regulations, and the European Central Bank held interest rates steady. Plus, sanctioned Russian oligarchs got a big win in a top EU c ... Show More
13m 29s
Dec 2016
P&L: Making America Great Again Will Need a Weaker Dollar
Doug Borthwick, managing director at Chapdelaine & Co., discusses the weakening\u0010of China's yuan versus Japan's yen, and gives an outlook for the dollar. Then,\u0010Bloomberg's Zeke Faux talks to Pimm Fox and Lisa Abramowicz about the news that\u0010Platinum Partners' co-foun ... Show More
25m 59s
Sep 2022
Inflation, the Hamptons and an $800 grocery cart
China’s local government financing vehicles are bailing out cities and provinces that are struggling for cash, and UK prime minister Liz Truss is making a last-ditch effort to convince SoftBank to list its British chip maker, Arm, in the UK. Plus, the FT’s global business columni ... Show More
9m 38s