Defaulted debt jumps more than 25% as investors hope protests will reduce support for groups such as Hizbollah
Brent crude falls more than 4% as oversupply fears return
Cautious stance comes amid Wall St concerns over president’s attack on Federal Reserve
S&P 500 recoups some of its earlier losses but still declines 0.5%
Tin also reaches fresh peak as metals extend recent strong run
Rate cut bets and easing tensions over government borrowing fuel gilts rally
Issuers should be allowed to pay interest on stablecoins — just as lenders can on dollars
Monetisation and its discontents
Susquehanna may find that having an edge in one market does not automatically translate into another
The market is navigating a regime where there is more volatility, dispersion of returns and changes in stock leadership
Plus fiscal dominance and the Fed
It’s a lonely time to be a crusader for tougher regulations of lenders, at least outside of Switzerland.
Beijing has been promoting the funds as a way to boost the market during turbulence
If the Trump administration exerts more influence on the US central bank, global swap lines could become more politicised
The country is the darling of investors, but that could change
Taxing times
The EU is proposing a new way to allow Ukraine to join the bloc, and it was the best…
Senior Vitol trader met US president at White House last week and gave millions to his re-election campaign
What bets paid off last year?
To rebuild the energy sector, the country needs a credible, legitimate government investors can trust
World’s largest asset manager drew in almost $700bn from clients in 2025
The US oil services company could be active in the country within ‘months’, its CEO says
High Court rules watchdog is within its rights to cap cross-border interchange fees
Criticism is the most strident challenge to the central bank’s decision announced last month
But I repeat myself
Currency has traded near lows of the global financial crisis in recent weeks
Traders offload retailer’s bonds and loans in a sign that confidence in the group’s turnaround is weakening
Collaboration comes against backdrop of pricing pressure from China and rival sources of supply
Buyout of UK-listed group would be latest private equity deal for European public company
Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth
The strategy now accounts for over 6% of the US government bond market, according to Morgan Stanley
Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro
Peeling back the layers of the ambiguously-regulated US prediction market
Claim alleges ‘no competent infrastructure manager’ would have invested in such ‘highly risky’ assets
With an estimated value of about €30bn, Czechoslovak Group is set to become one of Europe’s most valuable defence companies
UK oil major suffers latest setback as it tries to pivot back to fossil fuels
