Bond bombshell

Borrowing costs move abruptly higher

Posted on Thursday September 24, 2026

Goldman reaped more than $200mn in fees from hedge fund Situational Awareness

Barely two-year-old AI-focused investment firm became biggest client of Wall Street bank’s prime brokerage unit

Posted on Thursday September 24, 2026

Russia’s $6.9bn sanctions evasion scheme

Western punitive measures have forced Moscow into costly workaround efforts

Posted on Thursday September 24, 2026

US mortgage rates breach 7% as affordability pressures mount

Surging yields on government bonds and rising oil prices from the war in Iran drive inflation fears as national elections near

Posted on Thursday September 24, 2026

HSBC axes $26,000 perk for Hong Kong bankers to join members’ clubs

UK lender overhauls historic benefits for employees working in the territory as it seeks greater alignment with Hang Seng staff

Posted on Thursday September 24, 2026

Xi says US and China must ‘coexist in peace’

Donald Trump and Chinese leader hold wide-ranging talks covering AI, Taiwan and Iran war

Posted on Friday September 25, 2026

EU urges UK to raise tariffs on Chinese cars to avoid ‘made in Europe’ barriers

London has lobbied intensely to secure equal treatment for British products but continues to rule out a customs union

Posted on Friday September 25, 2026

Britain in ‘good position’, McFadden tells business fearful of tax hikes

Work and Pensions secretary admits Labour has asked business to pay more and vows to try to ease pressure on public finances

Posted on Friday September 25, 2026

What Burnham means for business

His core message of devolving power from London appeals to corporate leaders. But his government has limited fiscal room to manoeuvre

Posted on Friday September 25, 2026

How can we tackle AI’s financial risks?

Out of public sight, bureaucrats are trying to fight digital fire with fire

Posted on Friday September 25, 2026