Market Pulse
MySQUAR finalises deal to distribute games in 30 markets
Myanmar-language social media, entertainment and payments platform MySQUAR has finalised a cooperation agreement with Guangzhou Ruiyou Information Technologies - a partially-owned subsidiary of Sealand Capital Galaxy - it announced on Monday.
JP Morgan stays overweight on global equities
Strategists at JP Morgan reiterated their 'overweight' stance on global stocks going into 2018, pointing out that economic growth would continue to be above-trend and that analysts' forecasts for corporate profits had room to increase.
Europe midday: Traders playing it safe ahead of central bank rate meetings
Traders are keeping their cards close to their chests ahead of interest rate decisions by three of the world's main central banks, the US Federal Reserve, the European Central Bank and Bank of England later in the week.
Faron says Traumakine trial on track as it expands data target
Clinical stage biopharmaceutical company Faron Pharmaceuticals has completed recruitment on track for its Phase III INTEREST trial of ‘Traumakine’ for the treatment of moderate to severe acute respiratory distress syndrome (ARDS), it announced on Monday.
Evgen raises £2.3m as Sulforadex trials progress
Virtual pharmaceutical company Evgen announced on Monday that it was progressing in Phase II clinical trials of SFX-01 for both subarachnoid haemorrhage and ER+ breast cancer, with readouts expected at or around the end of 2018.
Randall & Quilter enters Malta underwriting agreements
AIM-listed Randall & Quilter's Malta subsidiary has entered into delegated underwriting agreements with UK motor insurance providers Xpekt and Blagrove Underwriting Agency.
AorTech reaches settlement in Utah litigation
Biomaterials and medical device intellectual property company AorTech International announced the end of its litigation with the Foldax defendants on Monday.
SatoshiPay set to accept credit card payments, says Blue Star Capital
Technology-focussed investing company Blue Star Capital announced on Monday that, further to its update on 13 November regarding its investee company SatoshiPay, it could confirm that SatoshiPay's partnership with Stellar was now ‘live’.
China November credit growth belies slowdown, economists say
Credit conditions in China continued to tighten last month, leading economists to anticipate cuts to the central bank's reserve requirement ratio for lenders in the short-run in order to provide liquidity and - eventually - allow a weaker currency as well.
GCP Student Living completes acquisition of 'Podium' in London
Student residential asset-focussed real estate investment trust GCP Student Living announced on Monday that its purpose-built private student accommodation ‘Podium’ in London was now operational and fully occupied in respect of the 2017-2018 academic year.
Asia report: Markets higher after strong Friday on Wall Street
Markets in Asia finished higher on Monday, as investors reacted to a solid finish on Wall Street on Friday which came after the release of stronger-than-expected employment data stateside at the end of the week.
London midday: Stocks maintain gains; big week for central banks
London stocks were holding on to gains by midday on Monday as investors digested the latest on Brexit and looked ahead to a week of central bank updates.
US pre-open: Stocks seen touch higher ahead of Fed announcement this week
US futures pointed to slightly firmer open on Wall Street on Monday as investors eyed a rate announcement by the Federal Reserve later in the week.
Goldman Sachs downgrades Inmarsat to 'neutral', slashes price target
Goldman Sachs has downgraded its stance on Inmarsat to ‘neutral’ from ‘buy’ and slashed the price target to 580p from 860p.
Brexit: Ireland will hold the UK to border agreement
Ireland has lashed out at the British government after Brexit secretary David Davis said the divorce agreement was a "statement of intent".
China CPI slows more than expected in November, re-acceleration seen
Consumer price inflation in Asia's largest economy slowed more than expected last month, weighed down by falls in food prices, but economists expected it would recover in 2018.
Real Estate Investors sells Birmingham property, announces Leicester letting
Midlands focused property group Real Estate Investors has sold 24 Bennetts Hill, Birmingham, for a cash consideration of £4m and completed a major letting in Leicester.
UK consumer spending in 2017 likely to be lowest in five years
UK retailers face lower festive spending this year after a survey indicated consumer spending ebbed lower for the third month running in November.
Great Portland Estates JV secures Old Street pre-let
The Great Ropemaker Partnership, a 50:50 joint venture between Great Portland Estates and Ropemaker Properties, has pre-let 98,100 sq ft in its new development at 160 Old Street, EC1, to Turner Broadcasting System Europe.
Bitcoin makes futures trading debut as digital currency aims for $17k
The remarkable trajectory of bitcoin continued on Monday as the digital currency gained another 25% and trading was halted twice after making its futures trading debut on the Chicago Board Options Exchange at the weekend.