Japan’s insurers are staying at home for better returns
With local yields rising, domestic investments are becoming more attractive than some international alternatives
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Scotland given same credit rating as UK ahead of debut ‘kilts’ sale
S&P and Moody’s award Edinburgh investment-grade status as it plans first bond issue since late 17th century
US mints last penny after Trump killed the coin
The one-cent copper piece fell victim to digital payments and rising production costs
FanDuel to launch prediction market to bypass US state gambling bans
Partnership with CME Group will allow betting group to offer contracts structured as peer-to-peer trades
Wall Street CEOs flock to White House dinner with Trump
JPMorgan, BlackRock and Goldman Sachs bosses among more than a dozen top financiers attending the event
The EU needs to rethink its AI rules
Overly onerous regulation could leave Europe as an also-ran after the US and China