Articles by The Corner

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
unemployment spain

Unemployment falls below 10%, but Spain still carries 2.5 million unemployed people

The Labour Force Survey (EPA) for the second quarter of 2026 confirms that unemployment continues to fall. The unemployment rate stood at 9.87%, nearly a percentage point lower than in the previous quarter (-0.96 points) and its lowest level since 2008. The number of unemployed people fell by 213,300, down to 2,495,300: a decline of 0.37% in seasonally adjusted terms and by 57,800 people over the past year. Employment is…


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European banking sector resilient despite complex geopolitical landscape says Scope Ratings

The cost of risk could rise by 10 basis points in 2026 compared with 2025, reflecting increased geopolitical risks and macroeconomic uncertainty, although provisions will remain low overall. Scope Ratings Analysis European banks are profitable, well-capitalised and have sound balance sheets. Our outlook is positive, although we are closely monitoring the knock-on effects of the war in the Middle East, the risk of stagflation, merger and acquisition activity, interest rate…


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Bleak day for Kospi, on verge of trading halt amid fears of excessive investment in AI

Report by Renta 4 European markets opened lower (Eurostoxx futures down 0.02 per cent, S&P down 0.25 per cent, Nasdaq down 0.8 per cent), following a session that started strong but ended weakly in the US and a black day on the Kospi (down 9%), which hit its lowest level since mid-April and triggered the sidecar and trading halt mechanisms at the start of the session. This fall has been…


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More than a dozen European countries experiencing decline in workforce

According to a report by PlayersTime, the European labour market is undergoing restructuring, laying the foundations for future growth. Whilst Germany is losing half a million people of working age, the UK is gaining 590,000. Analysis by Consejeros Editorial Team Whilst many European countries are struggling to maintain employee productivity amidst summer heatwaves and nationwide strikes, some nations appear to be quietly running out of labour. A recent report by…


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Emerging markets see dividend growth of 12 per cent according to Aberdeen Investments

Analysis by Aberdeen Investments Despite the geopolitical turbulence seen in March, global stock markets have, on the whole, maintained an upward trend so far this year. Growth has been driven mainly by emerging markets, which have posted a return of 24.8 per cent, whilst developed markets have lagged behind (as at 31 May 2026). Dividend growth in emerging markets has also generated a compound annual growth rate of nearly 12…


Acciona Energía nueva

Acciona sells 361 MW of wind power capacity in Spain to GALP for €432 million

Since 2024, the group has reached agreements to sell more than 3 GW of renewable capacity in Spain, Peru, Costa Rica, South Africa, the United States and Mexico, for a total of €3.7 billion and with an average implied multiple of €1.2 million per MW. Reported by Bankinter The group has announced the sale of 15 wind farms with a capacity of 361 MW in Navarre, Zaragoza, Ciudad Real, Palencia,…


Ibex movil

Ibex 35 rises 0.80% to close at 19,741 points after coming close to all-time highs

Reported by Singular Bank The main European indices closed the session with widespread gains, buoyed by the easing of tensions between the United States and Iran and the sharp fall in oil prices, factors which fuelled greater risk appetite. The DAX led the gains with a 1% rise, followed by the IBEX 35 (up 0.8%), whilst the Euro Stoxx 50 remained flat. At the close of European trading, the session…


FED Kevin Warsh

Market expects Fed to keep rates at 3.5%–3.75%, although Kevin Warsh’s comments causing confusion

Report by Renta 4 Higher opening (Eurostoxx futures up 0.8%, S&P up 0.9%, Nasdaq up 1.5%), reflecting the pause in US attacks on Iran since last Friday, which has allowed Brent to fall to $92 per barrel (down 10% from the high of $102 per barrel reached last Thursday), a fall in energy prices that is allowing yields to ease (T-bonds down 6 basis points and Bunds down 3 basis…


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CXMT rises 472% to become most valuable company on a mainland Chinese stock exchange

The technology group has become China’s most valuable listed company following the largest IPO on the mainland since 2010. By the Consejeros Editorial Team Shares in CXMT, China’s largest manufacturer of memory processors, soared on Monday following its debut on the Shanghai Stock Exchange, in what was the largest initial public offering on the mainland Chinese stock market in recent years. CXMT shares rose by 472 per cent and, in…


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Consortium comprising Clerbil, Ohmnia, BBK Foundation and Indar Kartera launches takeover bid for Azkoyen worth €245 million at €10 per share

Azkoyen’s share price closed Friday’s session at €11.40 per share, representing a 31 per cent increase so far this year, although it had approached €15 at the start of the month. The offer of €10 per share therefore represents a 12.3 per cent discount on last week’s closing price. Reported by the Consejeros Editorial Team Clerbil (chaired by José Antonio Jainaga), together with Ohmnia’s current shareholders (Carmen Lequerica Holding, the…