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Sweden weighs stricter bond-trading rules

Bloomberg Sweden’s financial watchdog says it may need to tighten rules around bond trading following a liquidity crunch that led 35 fixed-income funds to slam shut in March. Peter Svensson, a spokesman for the Financial Supervisory Authority (FSA) in Stockholm, said one area of particular interest is an exemption granted to Swedish securities firms a few years back, essentially giving ...

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PM Johnson tells Brits to ‘shop with confidence’ as shops open

Bloomberg British Prime Minister Boris Johnson encouraged consumers to go out and “shop with confidence” when stores reopen in England on Monday, as he suggested social distancing rules will be eased. Johnson said coronavirus regulations requiring people to stay 2 meters apart in public spaces could be relaxed as infection rates fall. His signal will be welcomed by Conservative Party ...

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UK house prices rise amid lockdown easing

Bloomberg UK house prices increased as lockdown measures that froze the market were relaxed, Rightmove Plc said. Asking prices in June were 1.9% higher compared to March, before the market was put on hold, the property website operator said on Monday, bringing average values to $424,000. Restrictions put in place to slow the outbreak of the coronavirus were eased in ...

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