- Financial Times: Shinzo Abe is set to double down on economic stimulus and push for a revision of Japan’s pacifist constitution after his gamble on calling an early election was rewarded with a thumping victory.
- The Daily Telegraph: An important report assessing the viability of new “mini” nuclear power plants for the UK to be published this week is expected to give the green light to develop designs proposed by a British consortium led by Rolls-Royce.
- The Times: Britain is facing an investment crisis as factories cut back spending plans amid mounting political uncertainty over Brexit, the country’s leading manufacturing trade body has warned.
- Financial Times: Google plans to share revenues with publishers which benefit from the company’s new digital subscription tools, in a scheme comparable to its successful advertising revenue model.
- Financial Times: Major investment banks are talking to regulators about routing their Asia-Pacific trading activities through Hong Kong instead of London, in a move that would have limited effect on jobs but would shift global finance’s centre of gravity further away from the UK capital after Brexit.
- Financial Times: Intense price swings in cryptocurrencies are luring the highest-volume traders on Wall Street as they search for relief from the low volatility blanketing financial markets.
Business and economics
- The Daily Telegraph: City investors are enjoying a bumper payday after dividends reached a record £28.5 billion during the third quarter of this year.
- Financial Times: Anbang Insurance Group, the once-high-flying conglomerate whose brash chairman was detained in June, has resumed sales of high-yield investment products that funded its global acquisition spree.
- The Times: Xendpay, a money-transfer operation co-founded by London’s deputy mayor for business, is set to expand into India this year after becoming the first of its kind to receive approval from India’s central bank to move money out of the country.
- The Daily Telegraph: Japanese-inspired restaurant chain Wagamama has refinanced debts in an attempt to ease the financial burden that contributed to another year of pre-tax losses.
- Daily Mail: Fashion chain Abercrombie & Fitch has undergone a branding overhaul as it seeks to attract customers who it previously shunned.
- The Daily Telegraph: EDF, which generates nuclear power in the UK and France, is expected to be first in line to reap the benefit of rising carbon market prices which could drive its share price up by over a third, according to analysis from Jefferies.
- The Times: China’s unemployment rate has dipped below 4% for the first time since 2001 after the creation of almost 11 million jobs in the first nine months of this year.
Share tips, comment and bids
- Daily Mail (Trader share tips): BUY Asos; SELL Talk Talk.
- Financial Times: Qatar’s sovereign wealth fund is in talks to join CEFC China Energy and commodity trader Glencore in taking a stake in Russian hydropower-to-aluminium group EN+, as part of the company’s planned flotation in London and Moscow next month.
- Financial Times: Arqiva, the British towers company, is set to announce plans to push ahead with a float of the business with a projected market value of more than £4.5 billion after its shareholders opted to list rather than sell the company.
- Financial Times: US private equity group Carlyle has joined the heated takeover battle for Old Mutual Global Investors’ £25 billion fund business, with four parties now bidding for the investment arm run by star UK manager Richard Buxton.
- The Daily Telegraph: AfriTin will de-merge from fellow Aim-listed miner Bushveld Minerals and float around 50% of its shares in a bid to revive Uis mine in Namibia what was once the largest opencast tin mine in the world.
- The Daily Telegraph (Comment): Xi's party conference provides clues about China's dealmaking appetite.
- The Guardian (Comment): Regulation is back, after years of neoliberal neglect.
- The Times (Comment): When you have $1.4 trillion, what do you spend it on?