Offshore issuance of renminbi debt — known as “dim sum” bonds because most are issued in Hong Kong, where the Cantonese cuisine is popular — has hit Rmb475bn ($66.3bn) so far in 2025, on track to ...

Trump still lives in hope on linkedin (opens in a new window) ...

What to know: Foreign minister Sergei Lavrov said yesterday that “really secure” guarantees for Ukraine would have to involve Russia and its biggest ally China alongside the US, UK and France. However ...

Russia has said it will only agree to security guarantees for Ukraine that give Moscow an effective veto over any future effort to defend Kyiv, pouring cold water on US efforts to broker a peace deal.

Italian fashion house Valentino has named industry veteran Riccardo Bellini as its new chief executive following Jacopo ...

Citigroup has stood by wealth management boss Andy Sieg after hiring law firm Paul Weiss to investigate complaints into his ...

“Many” rate-setters were more worried by a renewed bout of tariff-driven price pressures, the minutes noted. These policymakers remarked that “inflation remained somewhat above the committee’s 2 per ...

The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that ...

A sell-off in US tech stocks extended into Wednesday as concerns that this year’s rally in artificial intelligence companies has gone too far dented sentiment on Wall Street.

India was a marginal buyer of Russian oil until the Ukraine war upended energy markets. At that stage, it was out-priced by ...

At last year’s Jackson Hole symposium in Wyoming, central bankers were in a quietly confident mood. Across the US and Europe, the post-pandemic surge in inflation was well on its way down, job markets ...

UK chancellor examines case for ‘mansion tax’, which would be technically workable but politically combustible ...