ARCHIVE December2022
Nick Train keeps faith in wealth manager stocks despite ‘miserable year’
Nick Train, one of the UK’s best-known fund managers, has lamented his “disappointing” and “frustrating” performance this year in what has been a bruising period for investors. Train’s Finsbury Growth & Income Trust, […]
Peter Hargreaves-backed Blue Whale sees profit more than double to £5.6m
Blue Whale Capital, the fund management company backed by billionaire Peter Hargreaves, more than doubled profit during its last financial year on the back of an almost 90% increase in investment management […]
Jeremy Hunt confirms plans to overhaul bank ring-fencing rules
The government has confirmed it will look to loosen the ‘ring-fencing’ rules forcing banks to hive off their investment banking and retail activities. In a statement ahead of what are being dubbed the Edinburgh […]
Credit Suisse completes $2.4bn capital raise amid cost-cutting review
Credit Suisse said on 8 December that it completed its latest rights offering and had put into action around 80% of the cost cuts it planned for 2023, as the bank maintains […]
North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST
North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]
South Korea court overturns North Korea leaflet ban – JURIST
The Constitutional Court of South Korea on Tuesday struck down a provision of the Law on the Development of Inter-Korean Relations which prohibits the distribution of leaflets in North Korea and imposes […]
Hong Kong court sentences journalist to 5 days in jail for obstructing police officer – JURIST
The West Kowloon Magistrates’ Court on Monday sentenced the head of the Hong Kong Journalists Association Ronson Chan to five days in jail, according to the Hong Kong Free Press (HKFP). As […]
Philippine Coast Guard removes floating barrier allegedly placed by China – JURIST
A Philippine Coast Guard (PCG) spokesperson announced Monday that the PCG removed a floating barrier allegedly placed by China near the disputed Scarborough Shoal in the South China Sea. This comes days […]
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