Global stocks lifted by US reprieve for Trump’s tech tariffs
President suggests need for ‘flexibility’ but insists smartphone carve-out is temporary
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Top pension funds cool on US
Plus, Treasury market turmoil, gold surges, and David Hockney at Paris’s Fondation Vuitton
Corporate whistleblowing in the UK needs a shake-up
For larger companies in particular, having a proper system for disclosures is a strategic necessity
Only 3% of fines on offshore companies for not declaring UK property collected
Transparency campaigners says failure to enforce penalties does not provide ‘strong deterrent’ against non-compliance
UK lenders fret over risk-transfer market after BoE warning
Officials zeroing in on $1.1tn SRT market between banks and private capital investors