NailseaFinancial NFS

Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan weakening is neither the intent nor desirable. More here: reut.rs/3wEp5tD

Great thread for anyone interested in auto-enrolment in pensions. What constitutes a worker, low pay levels and rights from day one all important for pensions policy

From @WSJopinion: The best solution to climate change isn’t to cut ourselves off from fossil fuels prematurely and embrace inadequate green alternatives. It is to ramp up investments in green innovation, writes @BjornLomborg. on.wsj.com/3UrfDSc on.wsj.com/3UrfDSc

Following similar moves in the US and EU, Japan and South Korea are among the countries introducing rules to rein in the dominance of Apple and Google on.ft.com/3wAKHHi

Chinese developer stocks rallied for a second day after two major cities scrapped restrictions on residential property purchases trib.al/lPiWinJ

Volatility can make investors nervous. But timing the markets is incredibly difficult. The better option, according to one investment manager, is to make small adjustments and focus on the long term. Partner Content by Orbis Investment Management

Charity launches free suicide prevention training bbc.in/3QuzVZR

The yen weakened as US calls for caution on intervention added to expectations that the currency will face continued pressure due to a wide yield gap between the US and Japan trib.al/lSrlSXr

Israel has rejected a ceasefire proposal accepted by Hamas and announced it is pushing ahead with an assault on the town of Rafah in southern Gaza. 🔗 Read more trib.al/24NDDsZ

Why HSBC’s CEO is leaving on.ft.com/4bfzU46

The Fed won’t climb down from high rates yet, but other big central banks increasingly can’t wait, say @johnauthers and @annerquaye. Even if they’re nervous about taking the first step trib.al/yrjwies

Hotel chain banned from advertising rooms 'from only £35 a night' trib.al/WZsC5DJ

Global investors are unwinding bets on local-currency bonds as some emerging-market central banks come under pressure to raise interest rates — rather than cut them as widely anticipated just weeks ago. trib.al/0v1u3Bj

Here is an early look at the front page of The Wall Street Journal on.wsj.com/3JHjo1a

Royal Mail waives £5 penalty for fake stamps bbc.in/3UnPbJv

The UK’s second biggest mortgage provider stops making loans on homes at risk of flooding, over fears they may become uninsurable — and therefore, unsellable — over the coming years trib.al/yGajzQv

French economy grows faster than expected in first quarter on.ft.com/4aUCVH7

Mercedes-Benz's earnings plummeted 34% in the first quarter, weighed down by model changes and sluggish demand for electric vehicles trib.al/bpcl4bD

Nightingales return to reserve for summer bbc.in/3JlffQm

Banking hub to offer new services in town bbc.in/3TWb5Dq