BUSINESS
UBS’s forex fumble is a sign of things to come
The Swiss bank has been attempting to contain the fallout of a preventable mishap
BUSINESS
‘Fiscal populism’ is coming for central banks
When monetary policy is set to meet government budgetary needs, these institutions become piggy banks
BUSINESS
Are US consumers running out of steam?
And thoughts on the Israeli market
BUSINESS
Tech shocks to industry have only just begun
The disruption that is hitting the manufacturing sector could come for healthcare next
BUSINESS
Can finance put a stop to AI data mining?
Access fees that the sector say will protect customers could also act as a competitive barrier
BUSINESS
How investors should view threats to the Fed
Curtis Yarvin’s ideas are going ever more mainstream in Trump’s Washington — and investors should be worried
BUSINESS
Tim Harford: The Wah Wah rocked Jimi Hendrix’s world
A rock ’n’ roll fable for those struggling to make AI tools work for them
BUSINESS
Trump reaps $50 bn tariff haul as world ‘chickens out’
Only China and Canada have retaliated against US president’s tariff war
TECHNOLOGY
How BYD caught up with Tesla in the global EV race
The Chinese group is poised to outsell its US rival this year after it dramatically narrowed the technology gap between the two
BUSINESS
Japan faces an era-defining reset with the US
After warm relations during his first term, Tokyo has not adapted to Donald Trump’s transactional approach in trade and defence
BUSINESS
WPP turns to Microsoft executive as AI threatens ‘Kodak moment’
British advertising group hopes Cindy Rose will revive its fortunes as AI shakes up ad land
BUSINESS
The frightening world without the dollar
What will the global economy look like if it loses its monetary anchor?
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
