BUSINESS
The law of unintended consequences strikes again
A cooking oil subsidy has given fraudsters in Malaysia both motive and opportunity
BUSINESS
‘Sinister scheme’: India ban threatens Jane Street’s money machine
Allegations of market manipulation and temporary block on activities pose wider risks for Wall Street trader
BUSINESS
What Donald Trump’s ‘Big, Beautiful Bill’ means for Corporate America
Private equity cheers the legislation while Tesla and AI start-ups lose out
BUSINESS
Gates open for affluent to invest in private credit
Industry transformation under way to broaden access to the asset class to mainstream of wealth portfolios
BUSINESS
The global economy is suffering from the Rashomon effect
The same data and events can be interpreted in contradictory ways by different market participants
BUSINESS
‘Elon has finally woken up’: Musk battles to save Tesla from Trump
Billionaire’s political threats have not stopped the president’s ‘big, beautiful bill’ hurting the electric-car maker’s profits
WORLD
Whose job is safe from AI?
Technology can make a boring job even more boring and an interesting job even more interesting
BUSINESS
Are we rallying, or overcorrecting?
Markets are showing strong risk appetite, but rising tariffs and weak car sales signal challenges ahead for consumers and automakers alike
BUSINESS
Market squalls threaten to throw container shipping off course
How does an industry that built and benefited from globalisation survive when its main cheerleader turns on it
BUSINESS
In defence of the second-mover advantage
In AI, the message ‘act now or miss out’ has more in common with high-pressure sales than business strategy
BUSINESS
The US can beat China on critical minerals but not by copying it
America must rebuild the infrastructure that underpins markets and thus supply chains
BUSINESS
Ruchir Sharma: The world is changing, the US market is not
Until one of these three scenarios plays out, the US markets are likely to continue shrugging off the gloomcycle
TECHNOLOGY
We are the new gremlins in the AI machine
How users treat a product in the real world can diverge wildly from what the designers intended
BUSINESS
A resilient economy makes a resilient market
Shocks? What shocks?
BUSINESS
How oil traders called the Middle East conflict
Open source intelligence and social media posts gave market participants confidence to sell despite turmoil
BUSINESS
Martin Wolf: Why global imbalances do matter
If the US wants to accelerate a worldwide discussion with a policy intervention, the obvious one would be a tax on capital inflows
BUSINESS
The US, Iran and markets
What matters now is Tehran’s response
WORLD
Where is Iran’s uranium? Fate of strike hangs on 400kg stockpile
US and Israeli attacks hit key nuclear sites but questions remain over stash of enriched material
BUSINESS
Who are the companies hoarding bitcoin?
Corporate treasuries now hold more than 3% of the world’s biggest cryptocurrency, a stash worth $87bn
BUSINESS
Should we worry about Trump undermining the dollar?
History warns that the greenback may one day be superseded as the global trade currency
BUSINESS
Why Big Tech cannot agree on artificial general intelligence
It has been tipped as the next big breakthrough out of Silicon Valley, but is it a scientific goal — or a marketing buzzword?
BUSINESS
Critical minerals constraints are a wake-up call on energy security
Markets alone will not ensure secure a reliable supply of key materials needed for high-tech industries, says IEA chief Fatih Birol
BUSINESS
War and the Fed
The futures market has only barely changed its implied outlook for the Fed’s policy rate
BUSINESS
How long can it last? Israel and Iran’s endurance battle
Aerial ‘war of the cities’ pits IDF jets against Tehran’s missile reserves





