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Steel tycoon Gupta's troubles deepen amid Australian probe
Sanjeev Gupta, the metals tycoon whose main British business was forced into compulsory liquidation last week, is facing a deepening probe by Australian regulators into his operations in the country. Sky News has learnt that officials from the Australian Securities & Investment Commission (ASIC) last week served Mr Gupta's Liberty Steel group with a new demand for information about its activities. Sources said the regulator had also taken possession of a mobile phone belonging to Mr Gupta as part of the probe. One insider said that other senior executives at the company may also have had electronic devices ... (full story)
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From @financialjuice|Aug 28, 2025|2 commentsECB's Rehn: Testing Fed independence can have significant risks ECB's Rehn: ECB remains alert and ready to act on rates if needed ECB's Rehn: Euro area inflation being at its 2% target is linked to the ECB's independent decision-making
From ecb.europa.eu|Aug 28, 2025Annual growth rate of broad monetary aggregate M3 stood at 3.4% in July 2025, after 3.3% in June 2025 Annual growth rate of narrower monetary aggregate M1, comprising currency in ...
From investinghaven.com|Aug 28, 2025Platinum delivered one of the strongest commodity performances in H1 2025, rising about 40% in H1 and in some reads up to 55% YTD, with an intraday high of $1,432.60 on June 26. ...
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From cnbc.com|Aug 28, 2025|4 commentsJapan’s top trade negotiator Ryosei Akazawa canceled a trip to the United States on Thursday over issues related to the U.S.-Japan trade deal. In a statement, Japan’s Chief ...
From usmagazine.com|Aug 28, 2025Bill Belichick and Jordon Hudson want to own the “gold digger” moniker — literally. TCE Rights Management LLC, the company owned by the North Carolina football coach and managed ...
From ecb.europa.eu|Aug 28, 2025|1 commentMs Schnabel started her presentation by noting that financial markets had reverted to a low-volatility, “risk-on” regime, leaving the turbulence of April 2025 behind despite further tariff-related headlines. Market volatility had receded after the short-lived spike due to tensions in the Middle East, with tariff announcements by the US Administration having recently lost traction as drivers of asset price dynamics and risk assets having rallied globally since the Governing Council’s last monetary policy meeting on 4-5 June. Meanwhile, the euro area economy appeared to be more resilient to rising tariffs and elevated trade uncertainty than anticipated. Despite a further appreciation of the euro, driven to a large extent by the reassessment of relative economic activity between the euro area and the United States, market-based inflation compensation had edged up further and the ECB forward interest rate curve had shifted higher. ECB ACCOUNTS: INTEREST RATES WERE IN BROADLY NEUTRAL TERRITORY ENVIRONMENT REMAINED EXCEPTIONALLY UNCERTAIN MOST MEMBERS VIEWED THE RISKS SURROUNDING THE INFLATION OUTLOOK AS BROADLY BALANCED MAINTAINING POLICY RATES AT THEIR CURRENT LEVELS WOULD ALLOW MORE TIME TO SEE…
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- Aug 28, 2025 4:18am Posted byEntertainment354
