26 March – 30 March

26 March

New Zealand has added a new requirement for the country’s central bank to consider jobs growth when making monetary policy decisions.

Sterling climbed on Monday to its strongest level in a month and a half, with further gains in store in April if history is any guide. The UK currency climbed 0.64 per cent on the US dollar to $1.4223, reaching its strongest level since February 2, according to Reuters data.

SoftBank has launched an internal investigation to determine who was behind a shareholder campaign against two of its executives and whether there was any insider involvement, according to people with knowledge of the probe.

Spotify forecast that losses would shrink and gross margins improve this year, even as its sales growth slowed, as the music streaming company disclosed the last financial information to potential investors before its unconventional initial public offering next week.

27 March

Fortescue Metals Group touched its lowest in 19 months on Tuesday after cutting its outlook for the price of iron ore because of subdued demand in China and international trade worries.

Amazon has arrived on the French grocery scene. The US e-commerce giant is teaming up with French retailer Casino Group for food delivery.

Import prices paid by German manufacturers fell 0.6 per cent in February, the first year-on-year decline since October 2016.

US stocks had punched about 2 per cent higher by lunchtime in New York, as investors continued to jump back in after last week’s heavy declines.

28 March

Private equity firms are writing large cheques. In January it was Blackstone for the $17bn acquisition of the finance and risk division of Thomson Reuters. Now it is Carlyle with the €10bn purchase of Akzo Nobel’s specialty chemicals units.

Apple is launching a new entry-level iPad with extra features aimed at schools, as it looks to challenge the growing dominance of Google’s Chromebooks in education.

The US telecoms company AT&T faces the prospect of paying up to $1.1bn for financing its acquisition of Time Warner, a deal currently hanging in the balance thanks to an antitrust challenge from the US government.

Tesla’s equity and debt have skidded after ratings group Moody’s cut the electric automaker’s rating deeper into junk territory.

29 March

Howling winds and snowdrifts failed to deter hardy British consumers in March with sentiment turning more positive at the start of spring.

Asia-Pacific’s major bourses were mostly moving lower after a choppy morning session on Thursday on a weak showing from technology stocks which rattled markets in the US overnight.

Issuance of securities backed by riskier US mortgages roughly doubled in the first quarter from a year earlier, as investors lapped up assets blamed for bringing the global financial system to the brink of collapse a decade ago.

Greenhouse gas emissions in the UK fell 3 per cent last year from the previous year, due to increased use of renewable power sources and lower energy consumption.

30 March

The Federal Reserve’s favoured inflation measure picked up to its strongest level in almost a year in February, supporting expectations that a solid economy and tight labour market are pushing price growth towards the central bank’s target.

The S&P 500 was hit by its first quarterly losses since 2015 as questions over global trade and regulation of technology companies — its star sector — weighed on company share prices.

Uber’s deal to sell its south-east Asian ride-hailing operations to rival company Grab has potentially infringed competition rules, Singapore’s watchdog has said.

Huawei spent a record $13.8bn on research and development last year, ranking the Chinese tech giant among the world’s top spenders, and projects its budget will rise to as much as $20bn each year.