Category : Markets


Elon Musk loses $18bn as Tesla shares crash

Elon Musk's net worth plunges dramatically as Tesla shares nosedive following disappointing earnings and production concerns, wiping out billions in market value.

Thames Water creditors agree £1.6bn rescue deal

Thames Water's creditors have agreed to a crucial £1.6bn financial restructuring plan as Britain's largest water company battles to avoid collapse, while Tesco reports strong profits and markets react to economic uncertainty.

Asian Markets Rally as KOSPI Hits 22-Month High

Asian markets surged with South Korea's KOSPI reaching its highest level in nearly two years, while Philippine stocks hit record highs as investor confidence grows across the region.

US Government Shutdown Threatens Crucial Jobs Data

Financial markets face unprecedented uncertainty with potential government closure threatening to delay vital employment reports that guide Federal Reserve policy and investor decisions worldwide.

RBA Bets Against Rate Cut Despite Economic Signals

The Reserve Bank of Australia appears poised to pause interest rate cuts, signalling confidence in the economy despite contradictory data. Analysis suggests the RBA believes current conditions are stronger than indicators show.

US Shutdown Fears Rattle Global Markets

As America faces another potential government shutdown, financial markets brace for impact. Discover how this political stalemate could affect your investments and the global economy.

FTSE 100 Plummets as UK Economy Shows Strain

London's FTSE 100 index faces significant losses amid economic stagnation fears and global market uncertainty. Expert analysis reveals what's next for UK investors.

Aussie Mining Stock Skyrockets Nearly 500% in Shock Rally

In one of the most remarkable stock market performances of the year, little-known mining company Flynn Gold witnesses near-500% share price explosion, defying market expectations and creating millionaires overnight.

HMRC's ISA shake-up: New digital system coming

Millions of UK savers face major changes as HMRC plans to replace paper-based ISA applications with a new digital system, promising faster processing but raising concerns about implementation.

Auto Collapse Sparks 2008-Style Recession Fears

The dramatic downfall of a major automotive player has triggered alarming parallels to the 2008 financial crisis, raising urgent questions about the UK's economic stability and sending shockwaves through the industry.

Trump's CBD Backing Sends UK Cannabis Stocks Soaring

Former President Donald Trump's endorsement of CBD sparks unprecedented surge in UK-listed cannabis companies, while landmark US Medicaid decision opens doors for medical cannabis coverage. Explore the market implications and what this means for British i

Jobs Report Cancelled: Wall Street's Recession Fear Grows

Financial markets face unprecedented uncertainty as the pivotal September jobs report cancellation leaves investors flying blind during economic turbulence. Discover what this means for recession predictions and your investments.

Premium Bonds Warning: Your Odds Are Changing

Exclusive analysis reveals how Premium Bonds prize distribution is shifting, potentially reducing your chances of winning big while increasing smaller payouts. Discover what this means for your savings strategy.

UK Executives Hire Bodyguards Amid Threat Surge

A startling new report reveals a surge in British business leaders hiring personal security, driven by increased threats from organised crime, disgruntled employees, and social media targeting.

Gold Prices Surge as Pharma Stocks Face Pressure

Financial markets experienced significant volatility as gold hit record highs while pharmaceutical giant Eli Lilly faced pressure over drug pricing concerns. Get the latest analysis on today's market movements.

Powell's hawkish comments trigger Asian market sell-off

Federal Reserve Chairman Jerome Powell's firm indication that US interest rates will remain high for longer has triggered a sharp sell-off across Asian financial markets, with Tokyo's Nikkei leading the declines.

Barefoot Investor Crisis: La Trobe Account Frozen

Scott Pape's Barefoot Investor community faces a major crisis as La Trobe Financial abruptly freezes its popular Cash Management Account, blocking access to funds for more than 120,000 account holders.

Kingfisher Shares Dive on OECD UK Warning

B&Q owner Kingfisher hit by market turmoil following OECD's downgraded UK growth forecast, as Chancellor Rachel Reeves faces immediate economic pressure.

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