FirstFT: Japan’s bonds and currency under pressure after Fed chair’s Jackson Hole speech
Also in today’s newsletter: India’s GDP beats expectations and South Korea jails Unification Church leader over bribery scandal
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US regulator sues Amazon for manipulating advertising prices
Federal Trade Commission claims ecommerce giant overcharged about 1.2mn businesses to promote their products
KKR is the rare private equity firm that bets on itself
As buyout groups reach middle age, playing with other people’s money only gets them so far
Prediction platform Kalshi bans ex-US Congress member for manipulation
Regulator says George Santos made public statements to boost the value of his own bets on whether he would attend the State of the Union address
Trump says US will hit Iran ‘hard’ as conflict reignites
Oil prices rise after exchange of fire between warring countries ends weeks of relative quiet