UK confirms powers to force pension funds to back British assets
Chancellor hopes plan to establish ‘megafunds’, circumscribed by binding allocation targets, will drive returns for savers
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Argentina raises $1bn in international bond auction in boost for Milei
Peso-denominated sovereign bond offered in dollars will increase country’s foreign currency reserves
Fed feared that loss of ‘haven’ status would hit US economy
Minutes showed officials worried about ‘long-lasting’ effect of market turmoil after President Trump launched trade war
JD Vance touts bitcoin’s emergence and hails pro-Trump crypto investors
US vice-president promises ‘pro-innovation’ regulatory agenda in speech at Las Vegas conference
Shein shifts focus from London to Hong Kong for listing
Fast-fashion group has been hit by US tariffs while flotation has also faced regulatory challenges over risk factors
Japan’s rising long-term debt costs ripple around the world
A sharp climb in Tokyo’s bond yields has the potential to push up borrowing costs elsewhere