How Wall Street’s all-in bet on AI blew up
US midterm elections sparked a hedge fund and retail investor exodus from a trade that had taken over equity markets
Russia ships metal via the Arctic to evade Ukrainian strikes
Pig iron will be exported through the northern port of Murmansk for the first time in 30 years as Black Sea battles rage
US warns China it must ‘immediately’ meet terms of Busan trade deal
Washington says Beijing is not fulfilling commitments to increase supply of rare earths and other critical products
US stocks recover after tech rout
Tech-heavy Nasdaq 100 rises 1.4% following day of turmoil
US stocks stage tepid recovery after $3.2tn rout fuelled by AI fears
Magnitude of rebound was feeble compared with historic recoveries from severe sell-offs