High-speed trader Jane Street raked in $4.4bn at start of 2024

Trading revenue for secretive New York firm rivals sums generated by Wall Street banks

Posted on Wednesday April 17, 2024

UK rental costs rise at record 9.2%

Official figures highlight impact of higher borrowing costs on landlords and tenants

Posted on Wednesday April 17, 2024

Liontrust hit with £4bn in outflows from UK funds

Investors pull total of £6bn from asset manager over past year amid pressure on London’s capital markets

Posted on Wednesday April 17, 2024

Hedge funds and commodities traders urged to hold more liquid assets

Financial Stability Board highlights need for capacity to meet margin calls in case of market shocks

Posted on Wednesday April 17, 2024

Private credit is even larger than you think

Even the IMF underestimates the industry’s heft, according to JPMorgan

Posted on Wednesday April 17, 2024

IMF urges UK to curb rising debt

Warning comes as Rishi Sunak promises further tax cuts as part of re-election drive

Posted on Wednesday April 17, 2024

US reimposes oil sanctions on Venezuela after broken election promises

Biden administration says Maduro has ‘fallen short’ on pledge of free and fair presidential race

Posted on Wednesday April 17, 2024

Push to crack down on TikTok gains momentum in US Congress

Move to bundle divest-or-ban measure with foreign aid could compel Senate to act against Chinese-owned app

Posted on Wednesday April 17, 2024

House of Lords insists on further changes to Sunak’s Rwanda bill

New amendments by peers dash government hopes of asylum legislation becoming law this week

Posted on Wednesday April 17, 2024

Boeing engineer says safety concerns are ignored inside plane maker

Whistleblower says he was told to ‘shut up’ after raising questions about 777 and 787 aircraft

Posted on Wednesday April 17, 2024