13,379 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 3 of 134.
“SK Hynix tumbled 7.6 per cent to 1,911,000 KRW (£935.4) during Monday trading”
“As late as 1997, the IMF had to bail the country out of a crisis with a $17.2 billion loan.”
“Bayoumi is now at the centre of the $1 trillion (£733bn) lawsuit brought against the Kingdom of Saudi Arabia by several thousand families of victims and as well as survivors of 9/11.”
“A resolution needs to come through within the next 18 months as that is the timeline when SP Group’s recently closed bond issue will need to make its first payout.”
“Samsung suffered a 10.2 per cent fall to 293,000 KRW”
“Michael Camdessus, the retiring IMF chief, now says he is delighted to see the country’s economic recovery – a recovery to which the one million-plus backpackers (most of them British) contributed significantly.”
“The FBI would later discover he was being paid about $90,000 (£55,600 at the time) a year.”
“These bonds sold by Eqyizen Investment offered 18.95% and will mature in 36 months.”
“Foreign investors also sold a net $10bn worth of Korean shares in the last week alone”
“At the peak of the 1997-8 high season, the baht was valued at more than 50 to the US dollar”
“The first interest payment is coming up in July 2028.”
“The rally has essentially been driven by Samsung and SK Hynix, which together make up around 50 per cent of the index”
“Growth in France, in particular, is high, at 3.5 per cent annualised”
“The home was built for $70,000”
“both have seen their valuations surge past $1 trillion (£742bn)”
“unemployment is zipping downwards, falling under 10 per cent for the first time since the mid-1990s”
“Florida voters have approved $35 million to buy and transform 5.8 miles of underused railroad into a trail that will form part of an 11.4-mile greenway”
“Last month Samsung Electronics swerved a workers’ strike by handing employees bonuses averaging $400,000”
“Because of the secrecy that surrounds them we can’t know how much. The most recent estimate is around $6 trillion, approximately the annual world trade in goods and services, or about one-third of all global wealth.”
“According to public election filings, $28.6 million will be used to buy the 5.8-mile inactive railway corridor from the Fay family, owners of the Seminole Gulf Railway.”
“the family behind the tech giant also paid off its 12 trillion KRW inheritance tax bill”
“It’s the same in the offshore financial centres nearer home. Deposits in the Channel Isles and the Isle of Man probably amount to £400 billion.”
“The combined purchase price agreed by the three jurisdictions is $60 million, about 20 per cent below the property's total appraised value.”
“economists expecting the Bank of Korea to raise rates by 25 basis points in July”
“Then there is the money that simply passes through the offshore centres on its way somewhere else. One American study believes that up to half of all global transactions are conducted electronically via the offshore financial centres.”
“The $35 million bond will be repaid through local property taxes over 30 years.”
“He also warned he did not put Burnham though a 'pub quiz' on the fiscal rules, with the former Manchester mayor failing to explain them in an interview with the BBC. 'I’m all for investing into new towns and mayoral development corporation…”
“In Jersey and Guernsey, non-resident companies have been able to adopt new types of tax status, which means they can negotiate tax rates of less than 2 per cent.”
“Financial estimates from PFM Financial Advisors show that the measure will add between $49 and $88 a year to the property tax bill for an average home valued at $441,137.”
“There is a lot more room under the existing fiscal rules to borrow for investment, and the next chancellor should take advantage of that.”
“one in three workers, as high a proportion as anywhere in Britain, is employed making things”
“Supporters, including the Naples Pathway Coalition, said this works out to about $4.75 a month per household.”
“Real Madrid became the first football club to record annual revenues of more than €1bn during the 2023-24 season and they remain the biggest income generators in the game.”
“driving its sharpest single-day gain in nearly 18 years.”
“On average across the G7 economies, public debt now exceeds annual national income. Prior to the GFC, it was less than six months’ national income.”
“Microsoft reported its fastest acceleration in cloud revenue since 2022.”
“In the UK, public debt relative to national income has trebled in less than a generation.”
“Following the quarterly report, Borges reiterated her Buy rating on Microsoft while raising her 12-month price target nearly 5% to $640, implying a potential upside of approximately 64% from Wednesday’s closing price.”
“The GFC cost the average G7 government around seven–eight per cent of GDP.”
“During intraday trading in New York on Thursday, Microsoft shares surged 17% to $457 -- positioning the company for its largest single-day percentage gain since October 2008.”
“Covid cost more than three times that amount.”
“Bitcoin crossed $80,000 for the first time since mid‑May on Tuesday”
“Brexit is estimated to cost the UK perhaps four per cent of GDP.”
“The recent cost of living crisis cost the UK two–three per cent of GDP.”
“Productivity has flatlined since the GFC, rising at around a quarter of its pre-crisis rate.”
“The Office for National Statistics said the number of job vacancies fell by 19,000 between March and May.”
“The unemployment rate dropped to 4.9 per cent per cent compared to five per cent in data from last month, lower than markets predicted.”
“The ONS revealed that wage growth was 3.4 per cent when bonuses were excluded, which was higher than expected.”
“Including bonuses, wage growth was higher than predicted at 4.4 per cent.”
“Payroll numbers continued to fall over this period, with new recruits at their lowest level in five years,” Liz McKeown, director of economic statistics at the ONS, said.”
“This month’s figures show that there are 400,000 more people in work than this time last year, but we know ongoing instability in the Middle East is causing uncertainty in our labour market,” said Pat McFadden, work and pensions secretary.”
“On Tuesday, the ONS said inflation remained flat at 2.8 per cent, well below the Bank’s 3.3 per cent prediction a month ago.”
“Core inflation, which strips out volatile energy and food costs, was 2.6 per cent”
“while services inflation — closely watched by Bank of England rate-setters for signs of wage pressure — jumped from 3.2 per cent to 3.7 per cent.”
“Andrew Griffith, the shadow business secretary, has warned that rising business costs of as much as nine per cent threaten to bring either higher prices to the high street, more firms closing with the loss of jobs, or both.”
“THE FTSE 100 closed 2.2 per cent higher yesterday, fuelled by a rise in the oil price which prompted a strong rally in commodity stocks, and on hopes that the recession may be drawing to a close. The index was up 91.50 points at 4,340.71, …”
“BP, Royal Dutch Shell, BG Group, Tullow Oil and Cairn Energy rose between 0.4 and 4.2 per cent.”
“Miners rose in sympathy, with Eurasian Natural Resources, Antofagasta, Xstrata, Kazakhmys and BHP Billiton adding 4.5 to 6.3 per cent, amid metal price strength.”
“Vedanta Resources was the biggest blue-chip riser, up 9.9 per cent, after news the India-focused mining group has boosted the size of its share buy-back programme by 40 per cent to $350m (£212m).”
“International Power grabbed the second spot on the FTSE 100 leaderboard, up 6.6 per cent after news the British utility is selling its Czech business to the Czech-Slovak investment firm J&T Group for £581m after costs, helping calm worries…”
“Peer National Grid gained 1.37 per cent.”
“Elsewhere, Marks & Spencer added 3.8 per cent as analysts nudged up their full-year profit forecasts for the high street retailer after it posted a smaller than expected decline in first-quarter underlying sales.”
“Peer Next was also firmer, climbing 3.9 per cent.”
“Banks were broadly higher, as the risk sensitive stocks responded well to increased investor confidence. Barclays, HSBC, Standard Chartered and Royal Bank of Scotland rose 1.4 to 3.5 per cent.”
“On the downside, Man Group shed 5.6 per cent after going ex-dividend.”
“He also suggested that banks would need to undergo a “radical simplification” of how they are structured in order to temper the risk they could pose to the economy. “Banks can’t live in a world where the upside goes to shareholders and boa…”
“Its market capitalisation is £20bn, while Anglo is valued at £21.3bn.”
“Headquartered in Texas and with a presence in London, Ryan specialises in tax services and counts BP and BAT among its clients. The firm was valued at about $7bn earlier this year when private equity firm Neuberger bought a minority stake …”
“Pret reported £1.2bn in system sales – which includes its company-owned and franchised shops – in the year to January, flat on the previous year, while revenue dipped by two per cent to £854m.”
“The firm currently holds £553m in debt, up five per cent from the previous year, and its debt servicing costs fell by 24 per cent to £70m.”
“Last year, Pret pushed back the terms of its £625m loan facilities to March 2029.”
“For 2025, AB InBev’s reported revenue was 59.3 billion USD (excluding JVs and associates).”
“Bolt’s appeal involves an estimated £190m in unpaid VAT.”
“HMRC argued in February 2023 that Bolt did not qualify for this scheme”
“Ride hailing giant Uber has a similar ongoing legal battle over a £1bn VAT bill over TOMS, awaiting to be heard by the tax tribunal, which this decision could impact.”
“The prior closing price in Frankfurt for the stock ended slightly above €36.”
“Hugo Boss has yet to publicly respond to the approach, which values the group at a small premium of just over four per cent.”
“The regulator was looking into the multi-billion-pound collapse of the Greensill Group [...] in March 2021, that left liabilities of over £1.6bn.”
“The primary findings against him are that he allowed Greensill Capital (UK) Limited to divert $440m received in November 2020 for alternative purposes rather than using it to redeem the notes owed to Credit Suisse.”
“Last Wednesday, MSCI announced changes to its equity indices, which includes the MSCI World index – a common benchmark of 1,500 stocks from developed markets. As of Wednesday 29 May 78 stocks will be added to its Global Standard indices, w…”
“one set of indices that is definitely the exception to the rule is the MSCI indices. Its six-monthly reshuffles – in May and November – are famously hard to predict”
“it is thought that the MSCI indices have around $3 trillion benchmarked against them.”
“Goldman Sachs estimates that MSCI tracker funds will have to buy 3.5m shares in Randgold and 8.4m in Fresnillo before 29 May”
“equivalent to 7.8 days average trading volume in Randgold and 9.5 in Fresnillo.”
“When their eight-day average volume is around 500,000 shares”
“the Ministry of Defence had initially estimated a shortfall of £28bn over the next four years”
“HM Treasury would not agree to more than £13.5bn”
“departments instructed to make capital budget savings of at least one per cent”
“But Burnham’s allies may point to the minimal impact his Makerfield victory had on the bond markets today. Long-term gilt yields remained broadly stable on Friday morning, with the 30-year gilt yield, which determines UK government borrowi…”
“In return, the pilots will receive £13m of BA shares — about £4,300 worth each — in three years’ time.”
“BA posted record losses of £401m earlier this year – £331m of which came in the final quarter alone – and scrapped its dividend.”
“The GMB points out that last year the airline made a record profit of £992m.”
“It emerged over the weekend that Walsh had won backing for a potential rights issue to raise up to £500m from the firm’s biggest shareholders in a bid to repair the airline’s balance sheet.”
“Following the announcement, IWG shares rose 1 per cent to 184p.”
“The stock is down by 18.8 per cent since the start of the year.”
“IWG’s shares lost more than half their value in 2020 after Covid lockdowns saw hundreds of its office sites left empty.”
“pre-tax profit for the 12 months to 3 May fell 15 per cent to £118.5m, ahead of forecasts of £115m”
“Greene King successfully raised £207.5m through a rights issue”
“Shares in the company closed up three per cent at 422p”
“often attracting takeover premiums of as much as 60 per cent, explains Neil Shah, a market strategist at Edison.”
