From surging Japanese markets to London Liquidity. Here’s what stood out from the last 7 days.
TOP HEADLINE
Think London’s stock market is a ghost town? The Financial Conduct Authority has news for you: you’re looking at the wrong numbers. The City watchdog is about to pull back the curtain on UK share trading data and they reckon actual liquidity could be four times higher than what’s currently reported. Between January and September last year alone, the LSE recorded 270 million transactions. The FCA’s estimate? Over a billion. That’s not a rounding error—that’s a perception problem that’s been costing the UK listings for years.
FEATURED CRYPTO NEWS
While most crypto investors were panic-selling last week, Tom Lee’s Bitmine Immersion Technologies did the opposite, snapping up 40,613 ether tokens as prices tanked. The firm now controls a staggering 4.3 million ETH worth roughly $8.7 billion at today’s price of just over $2,000. The kicker however: Bitmine is sitting on an estimated $7.8 billion unrealised loss. So what’s the strategy behind doubling down during a crash? Let’s break down why the world’s largest ETH holder keeps buying the dip.
QUESTION OF THE WEEK
FEATURED BUSINESS NEWS
NatWest just dropped £2.7bn on wealth manager Evelyn Partners and investors aren’t thrilled. Shares tumbled over 7% on Monday despite the bank announcing a £750m buyback alongside the deal. Why the cold shoulder? Shareholders reckon the cash-flow proposition hasn’t really changed, and future buybacks look thinner on the ground. Here’s why NatWest’s big wealth play is causing more nerves than excitement in the City.
MORE BUSINESS UPDATES
MARKETS NEWS
Last week’s top story
Japan just had a political earthquake — and the markets absolutely loved it.
Prime Minister Sanae Takaichi’s Liberal Democratic Party (LDP) didn’t just win Sunday’s election. They smashed it, securing 316 out of 465 seats and landing a two-thirds super majority. The result? Japanese stocks rocketed to record highs, and the ripple effect sent markets across Asia soaring on Monday.
The Nikkei 225 jumped over 5% in early trading, smashing through the 57,000 yen mark for the first time ever. By close, it settled at a still-impressive 3.89% gain, finishing at 56,363.94 yen (£264.91). Year-to-date, the index is now up 8.7%. Not bad for a Monday.
THAT’S ALL FOLKS
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