MoneyWeek

MoneyWeek is a weekly magazine that enables you to become a better-informed, smarter investor and enjoy the rewards of managing your money with confidence. Week-in, week-out we'll guide you through the financial world as it changes, alerting you to all the opportunities to profit and dangers to avoid, as they appear. Income strategies, rising-star companies, the best funds and trusts, clever ways to preserve your wealth during market turmoil... you will get the best ideas from the sharpest financial minds and investing professionals in Britain.

From the editor...

The US-China trade war kicks off again

Is the dollar sell-off already over?

An upgrade for Vietnam's stocks

Signs of life in London IPOs

Viewpoint

■ Central banks pile into gold • Composition of global reserve assets

HSBC’s real-estate rescue • The bank is taking full ownership of a Hong Kong subsidiary hampered by a commercial-property downturn. Matthew Partridge reports

Bellway strengthens its foundations

Drug giant Novo branches out

MoneyWeek’s comprehensive guide to this week’s share tips

An American view

IPO watch

Xi weaponises rare earths • Trump does not hold all the cards in the trade stakes. Emily Hohler reports

France pauses politics “for responsibility”

Who can break Japan’s stalemate?

News

Last orders for the pub • Pubs in Britain are closing at the rate of one a day, continuing and accelerating a long-term downward trend. Why? And can anything be done to save them? Simon Wilson reports

It’s time to close the British steel industry

City talk

Waiting for a property rally • Investors are still cautious about UK Reits. Private equity is snapping them up. One view must be wrong

I wish I knew what capitalisation rate was, but I’m too embarrassed to ask

Guru watch

Best of the financial columnists

Money talks

The dawn of an illiterate age

Trump is losing his war

The LSE’s daftest stock

Common sense is the third way

Back the AI maximalists • Polar Capital believes the sector is far from being a bubble

Short positions... M&L in merger talks

Activist watch

Three VCTs to consider now

Venturing into the dragon’s den • Investing in early-stage companies is a risky but potentially profitable business, especially given the tax breaks. Venture-capital trusts are one way in. But are they worth the risk? David Prosser reports

How to profit from silver’s record rise • The precious metal often lets investors down, but there may now be room for further gains, says Dominic Frisby

New faces don’t solve old problems • Changing managers often fails to boost a trust’s performance, says Max King

Delve into default funds • Check if the scheme set up by your company pension provider suits you

Personal financeBring a friend on your BA flight

Pocket money... crypto is now eligible for Isas

Klarna leads a financial revolution • Klarna has ambitions to rewire the global payments system and has huge growth potential

All change in crypto • Bitcoin treasury companies are no longer coining it. Short this one

Betting on politics... will Macron quit?

How my tips have fared

Emerging markets boast top-quality growth stocks at bargain prices • A professional investor tells us where he’d put his money. This week, Lim Wen Loong, investment director at Ashoka WhiteOak Capital, selects three favourites

Alex

The new titans of Wall Street • Profits at lucrative trading house Jane Street have exploded, throwing Rob Granieri, a reclusive billionaire, into the limelight. It’s not just the firm’s...