Global stocks fall and oil prices climb
Asian memory chipmakers lead declines as clashes over Strait of Hormuz put investors in ‘risk-off’ mode
Asian memory chipmakers lead declines as clashes over Strait of Hormuz put investors in ‘risk-off’ mode
Japanese group makes bid for decorative coatings business that includes Dulux brand
Fighting escalates as Trump insists Strait of Hormuz remains open while Tehran says it is closed
Turning everything into a wager can get ugly, but has its upsides
Hong Kong; change; Montenegro; Albania; housing; hell
Also in this newsletter: No ‘single measure’ will protect kids online, says justice commissioner
Plus, Japan pension fund urged to invest at home, investors cut back on Asian chipmakers and Roy Lichtenstein: Like New
Also in today’s newsletter: Bumper investment banking gains and UK council homes
US Senator Elizabeth Warren demands JPMorgan boss explain any links with paedophile over proposed tax on bankers’ bonuses
Saffeya Ahmed talks to Akila Quinio and Ortenca Aliaj
A bond forms between a girl and a man dying of Aids in The Nightingales, and culture flourishes in a Nazi concentration camp in Sophie Herxheimer’s Ode to Joy
Discussions to sell majority stake back to British banks come as unit seeks contract to develop next-generation platform
JK Simmons leads a richly detailed story of warring Irish and Italian crime families in early-1980s New York
Chair of new task force predicts ‘huge prize’ if progress is made in areas such as issuing sovereign bonds on blockchain
Political stability in the US requires it — the question is, pre-distribution or redistribution?
Study highlights challenge facing US and EU as they try to reduce Beijing’s dominance over strategic supply chains
Top US banks benefit from revival of large deals as AI optimism and strong consumer fuel market rally
Test case will determine whether lenders can recover hundreds of millions of euros seized by courts
There are other, more powerful forces weighing on the country’s economy
Dozens of partners at ‘magic circle’ law firm handed fewer equity points
Number of places available is key sticking point in ‘reset’ negotiations between London and Brussels
TSMC, SK Hynix and Samsung Electronics together account for 29% of MSCI Emerging Markets index
DoorDash, Siemens and Airbnb are among those seeking to curb ballooning bills and reduce reliance on US technology
Beth Hutchens’ new London store is a destination for symbolic and spiritual jewels