HSBC sells Singapore insurance business to Allianz for $2.1bn

Deal is latest example of lender’s ‘ongoing simplification’ under Georges Elhedery

Posted on Friday July 24, 2026

Chinese AI models will slash adoption costs, says Singapore’s GIC

Sovereign wealth fund expects strong growth in Chinese AI companies but is cautious about start-ups

Posted on Thursday July 23, 2026

Jes Staley testifies on Capitol Hill over ties to Epstein

Former Barclays chief took questions from House oversight committee over his links to the late sex offender

Posted on Thursday July 23, 2026

Jes Staley testifies on Capitol Hill over ties to Epstein

Former Barclays chief took questions from House oversight committee over his links to the late sex offender

Posted on Thursday July 23, 2026

Hedge funds grow at fastest rate in history as AI boom lifts markets

Equity rally and inflows from institutional investors take global assets under management up by over $400bn

Posted on Thursday July 23, 2026

Intel shares rally after chipmaker posts fastest growth in 15 years

Chipmaker’s revenue jumped 25% in the second quarter

Posted on Thursday July 23, 2026

US hits 60 countries with new duties as Donald Trump rebuilds tariff wall

Administration pins new measures on forced labour probe after Supreme Court struck down blanket levies

Posted on Thursday July 23, 2026

Oil hits $100 for first time since May while US stocks slide

Donald Trump warns US is weighing ‘massive attack’ on Iran as Middle East tensions ratchet higher

Posted on Thursday July 23, 2026

How Andy Burnham’s rise to PM was helped by those axed by Starmer

List of people sacked or cast aside includes Louise Haigh, Lucy Powell and Anneliese Midgley, some of new premier’s most powerful allies

Posted on Thursday July 23, 2026

Trump’s dubious nuclear deal with Saudi Arabia

An accord lacking ‘gold standard’ safeguards on enrichment would carry proliferation risks

Posted on Thursday July 23, 2026