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Traders are spoiling for a fight over the yen

Traders are spoiling for a fight over the yen

After historic US-Japan intervention on the currency, the risk of market ructions is again rising...

3 hours ago
Jane Street suffers $15bn loss in July market ructions

Jane Street suffers $15bn loss in July market ructions

Wall Street trading firm has still recorded hefty trading revenues in 2026...

10 hours ago
Former Cambridge professor Jason Arday found dead

Former Cambridge professor Jason Arday found dead

University’s youngest-ever Black professor had been under scrutiny following plagiarism allegations...

10 hours ago
Unhappy voters are suffering from ‘Baumol’s disease’

Unhappy voters are suffering from ‘Baumol’s disease’

An analysis of classical music can explain why people feel they are paying more taxes for worse public services...

14 hours ago
Luigi Mangione admits shooting UnitedHealthcare CEO

Luigi Mangione admits shooting UnitedHealthcare CEO

Ivy League graduate pleads guilty in federal case that has become lightning rod for debate about US healthcare system...

14 hours ago
Bezos-backed group strikes deal for stake in Liverpool FC

Bezos-backed group strikes deal for stake in Liverpool FC

Consortium led by son-in-law of steel billionaire Lakshmi Mittal invests at valuation of more than $7bn...

15 hours ago
Top French court blocks social media ban for children

Top French court blocks social media ban for children

Constitutional Council says law is a ‘disproportionate infringement on freedom of expression’...

16 hours ago
Everyone but me is getting excited about European equities

Everyone but me is getting excited about European equities

It doesn’t matter which index you buy, and that tells you everything you need to know...

20 hours ago
Farage’s gamble pays off — but at what cost?

Farage’s gamble pays off — but at what cost?

Probe into party leader’s finances resumes with Labour government now leading in the polls...

21 hours ago
Investigation into Farage resumes after he wins Clacton by-election

Investigation into Farage resumes after he wins Clacton by-election

Reform UK leader increases number of votes after mainstream parties shunned poll as stunt...

23 hours ago
JPMorgan debanked Polymarket over regulatory concerns

JPMorgan debanked Polymarket over regulatory concerns

Largest US bank has continued to cultivate ties with prediction platform as it seeks $20bn valuation...

1 day ago
Trump launches tariffs targeting Chinese drone technology

Trump launches tariffs targeting Chinese drone technology

US to impose up to 100% levies on unmanned aircraft and their components...

1 day ago
FBI seized phone of Guggenheim executive in probe of Mark Walter’s business empire

FBI seized phone of Guggenheim executive in probe of Mark Walter’s business empire

US scrutiny of billionaire’s sprawling finance holdings reached beyond insurers into securities and asset management gia...

1 day ago
US sells 30-year bonds at highest borrowing costs since 2001

US sells 30-year bonds at highest borrowing costs since 2001

Yields have jumped amid concerns over mounting public debt and persistently high inflation...

1 day ago
AI has opened up big holes in cyber security

AI has opened up big holes in cyber security

It is too late to prevent the technology from being used as a damaging weapon, so great investment in defences is urgent...

1 day ago
Nearly 14,000 crypto holders face security risk after data breach

Nearly 14,000 crypto holders face security risk after data breach

Personal details of people with Trezor hardware wallets stolen by hackers in second ‘cold’ storage attack in two weeks...

1 day ago
Takaichi slams Putin’s visit to disputed Pacific islands

Takaichi slams Putin’s visit to disputed Pacific islands

Japan’s prime minister rebukes Russian president’s first-ever trip to Kuril Islands...

1 day ago
Russian ghost fleet tankers use ‘Mad Max’ nets to fend off Ukraine’s drones

Russian ghost fleet tankers use ‘Mad Max’ nets to fend off Ukraine’s drones

Defences on vessels under sanctions aim to protect against Ukraine’s vast maritime drone campaign...

2 days ago
Wall Street giants bet Nvidia’s AI chips will defy the laws of finance

Wall Street giants bet Nvidia’s AI chips will defy the laws of finance

Private capital firms are wagering that the crucial hardware will hold its value for years to come...

2 days ago
Karoline Leavitt to step down as White House press secretary

Karoline Leavitt to step down as White House press secretary

Donald Trump says chief spokesperson will leave job at the end of the month...

2 days ago
US inflation falls to 3.4% in July

US inflation falls to 3.4% in July

Fallout from Iran war continues to reverberate across economy even as petrol prices decline...

2 days ago
US fires on ship it says violated Iran blockade

US fires on ship it says violated Iran blockade

Central Command says Panama-flagged vessel ‘ignored repeated warnings’ from American forces...

3 days ago
US judge cites ‘concerning’ irregularities in Adani fraud case

US judge cites ‘concerning’ irregularities in Adani fraud case

Nicholas Garaufis of Brooklyn federal court points to ‘repeat attempts to resolve this bribery case with monetary offers...

3 days ago
Will failure in Iran reshape how the US fights?

Will failure in Iran reshape how the US fights?

Veterans and voters have punished past administrations for costly wars, but these days many Americans don’t seem to care...

3 days ago
Democratic socialist leads Wisconsin race in new threat to party leadership

Democratic socialist leads Wisconsin race in new threat to party leadership

Primary victory would pit leftwing gubernatorial candidate against Trump-backed Republican in November midterms...

3 days ago
Humans cannot remain passengers in the back of the AGI car

Humans cannot remain passengers in the back of the AGI car

A sense of fatalistic inevitability about the technology’s evolution is triggering something close to despair...

3 days ago
China tightens grip on Europe’s car supply chain

China tightens grip on Europe’s car supply chain

Acquisitions of local parts makers amid resistance to Chinese exports have worried EU officials...

3 days ago
Spain’s migrant amnesty a ‘very bad idea’, says Swedish PM

Spain’s migrant amnesty a ‘very bad idea’, says Swedish PM

Ulf Kristersson says mass regularisation threatens integrity of Schengen free-travel zone...

4 days ago
Colombian earthquake kills at least 47

Colombian earthquake kills at least 47

7.4-magnitude earthquake flattens buildings in the cities of Cali, Pereira and Manizales...

4 days ago
Shein IPO pitched to investors at sub-$30bn valuation

Shein IPO pitched to investors at sub-$30bn valuation

Fast-fashion retailer has suffered a roughly 70% drop in valuation over past four years...

4 days ago
Yen sinks as effect of US-Japan intervention fades

Yen sinks as effect of US-Japan intervention fades

Currency gives up roughly half its gains from joint action with investors citing lack of ‘unified voice’ among central b...

4 days ago
Trump and the failure of the Fafo doctrine

Trump and the failure of the Fafo doctrine

The president’s flawed decision-making is finally catching up with him...

4 days ago
Start-up bank backed by Palmer Luckey set to raise $1.5bn

Start-up bank backed by Palmer Luckey set to raise $1.5bn

Funding values Erebor at $8bn, underscoring growth of lender supported by Silicon Valley investors...

4 days ago
Mark Zuckerberg attacks ‘closed’ AI rivals as Meta returns to open models

Mark Zuckerberg attacks ‘closed’ AI rivals as Meta returns to open models

Meta’s founder casts OpenAI and Anthropic as foils in his pitch for powerful AI to become more freely available...

4 days ago
Ukrainian drone strike on oil-refining city in central Russia kills 13

Ukrainian drone strike on oil-refining city in central Russia kills 13

Death toll one of highest in a single attack by Kyiv since 2022...

4 days ago
Marine heatwaves strike as climate change plays out ‘in front of our eyes’

Marine heatwaves strike as climate change plays out ‘in front of our eyes’

Sea temperature records broken for month of July, Copernicus report reveals...

4 days ago
Europe faces rocket launcher shortage by 2030, space agency chief warns

Europe faces rocket launcher shortage by 2030, space agency chief warns

Demand for launches is growing faster than the region’s capabilities...

5 days ago
Trump is dismantling US guardrails, warn former security officials

Trump is dismantling US guardrails, warn former security officials

Ex-CIA staffers step up efforts to publicise their deepening alarm about the state of American democracy...

5 days ago
America’s hidden M&A boom

America’s hidden M&A boom

It’s lurking in one of the US’s top exports: higher education...

5 days ago
Organised crime suspect Daniel Kinahan extradited from Dubai

Organised crime suspect Daniel Kinahan extradited from Dubai

Irish government jet flies alleged drug trafficker back to Dublin to face charges...

5 days ago