Author: KMFSLLP

GDP data highlight weakness of the economy but experts are divided on growth prospects

Turmoil in the ruling African National Congress has destabilised South Africa's state asset manager as rival factions jostle for influence over the multi-billion dollar fund, its former chief executive said on Wednesday.

* Managers plan town hall events to boost staff morale (Updates share price, adds investor comment, CDS price)

JPMorgan Chase & Co intends to lower the minimum account balance on its new digital investment product You Invest Portfolios to as low as $1,000, an executive said Wednesday.

* Shares in rival SpiceJet rise as much as 9% (Adds InterGlobe Enterprises' response to Gangwal's letter)

The Greek government will submit a bill to parliament in the coming weeks to cut taxes, newly elected Prime Minister Kyriakos Mitsotakis said at his first cabinet meeting on Wednesday.

The U.S. Treasury yield curve steepened on Wednesday after Federal Reserve Chair Jerome Powell increased expectations that the U.S. central bank may cut rates more sharply than expected in July. Powell's prepared remarks to a congressional committee were published Wednesday morning. The chance of a 50...

Return of political rhetoric around a no-deal Brexit has hurt the pound

The departure of the UK’s man in Washington reflects the depth of Brexit divisions

The departure of the UK’s man in Washington reflects the depth of Brexit divisions