19 February – 23 February

19 February

Thailand’s economy grew slower than expected in the three months to the end of December despite notching up a fifteenth consecutive quarter of growth, driven by tourism and manufacturing.

Nintendo is facing calls from investors to split its stock and broaden its shareholder base as the global success of the Switch games console re-ignites concerns over corporate governance at the Japanese group.

Global dividends reached record levels in 2017, bolstered by strong global economic growth and a revival in US payouts as business confidence returned following political uncertainty in 2016.

Commodities rose in early Asia trading on Monday as a weak dollar continued to support oil and gold prices.

20 February

Finance professionals’ view of the German economy moderated slightly in February as a closely watched leading indicator eased from a record high.

Reckitt Benckiser dropped after cautious 2018 guidance overshadowed its full-year results. The Dettol and Airwick maker repeated a medium-term target of modest operating margin improvement but said that current-year margins will be held back by currency effects and costs largely relating to its acquisition of baby formula maker Mead Johnson.

Wall Street returned from a long weekend a little worse for wear, with stocks lower shortly after the opening bell.

HSBC was one of the worst-performing stocks on the UK’s benchmark index on Tuesday morning, after a “mixed” set of results saw it miss forecasts on a number of key measures, despite meeting some long-sought targets.

21 February

Rising employment in the UK may finally be leading to faster wage growth, according to the latest labour market figures published on Wednesday.

Gap shares fell on Tuesday after the retailer said the president and chief executive of its eponymous brand will leave the company.

A US biotech company is on course to win approval for the world’s first peanut allergy drug after reporting impressive results from a large clinical trial.

Asia Pacific equities were broadly higher on Wednesday despite a weak lead-in from Wall Street, which made a nervous return from the long weekend break in the US.

22 February

Eurozone concerns over the weakness of the dollar were laid bare in a set of European Central Bank minutes that highlighted fears the Trump administration was deliberately trying to engage in currency wars.

Share on Facebook (opens new window) Share on LinkedIn (opens new window) Mail Save Save to myFT Robert Smith FEBRUARY 22, 2018 Irish aircraft leaser Avolon has rewritten parts of its bond documentation to reassure investors that they are shielded from any financial strains at its parent company, the Chinese conglomerate HNA.

United Technologies Corp shares skipped higher on Thursday after its chief executive said the equipment manufacturer was exploring breaking up its diverse business portfolio.

HSBC is capping bonuses for thousands of operational staff globally to streamline remuneration, just as former chief executive Stuart Gulliver receives a bumper payout.

23 February

Those who can’t lead, borrow. The American, Chinese and Indian governments boast of the strength of their economies, yet they are also borrowing intensely. Such a situation is not only contradictory, it will also prove harmful to their chances at global leadership in the future.

Stocks were broadly higher in Asia Pacific trading on Friday following an underwhelming session on Wall Street, where a tentative rally saw the S&P 500 finish higher but well short of its intraday peak as concerns about the possibility of a more aggressive policy stance from the Federal Reserve continued to dominate the mood.

Shares in Moneysupermarket fell sharply on Thursday after the UK price comparison website said its latest strategic re-jig would hold back growth.

Rovio lost more than half of its market value on Thursday after warning that revenue and profitability would come in significantly below analyst expectations in 2018, as the Angry Birds maker predicted that the cost of attracting new users would rise heavily.