Pain trades are inevitable
Financial markets can fall fast but investors should look for where longer-term problems may be brewing
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Asian investors fear more volatility after ‘extraordinary’ currencies moves
Traders uncertain about what local companies will do with trillions of dollars of US assets
Soaring gold prices test mettle of luxury watch brands
Amid buoyant consumer demand, watchmakers are under pressure to pass on costs or turn to alternative materials
Macquarie warns of ‘intense pressure’ on global trade
Australian asset manager also highlights threat of pushback against renewable energy
Celsius founder Alex Mashinsky sentenced to 12 years in prison
Prosecutors described founder of cryptocurrency lender as a ‘fraudster of epic proportions’
Trump and Merz agree to ‘quickly settle’ US-Germany trade disputes
US president promises ‘breakthrough’ pact with UK will be first of many as he signals optimism on China talks