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The value investment approach Deutsche Bank calls ‘cash returned on capital invested’ is not cheap, but has paid off in Europe and the US
Stock markets mixed, commodities struggle for traction, after HSBC ‘flash’ PMI signalled contraction in China factory activity for a fourth month
Singapore’s equity market suffers from low trading volume and a lack of big-ticket IPOs, issues highlighted by the ‘penny stocks’ crash in November
Lisbon believed to be under pressure from other eurozone governments and its bailout lenders to emulate Ireland exit and become second ‘success story’
Expected yields vary from 4.875% to 6.25% across the tranches, with the euro tranches priced at a yield markedly below the dollar ones
Volcafe, the coffee division of commodities group ED&F Man, is latest to warn on a supply crunch, predicting a global shortfall of 11m bags in 2014-15