Japan’s bonds and yen under pressure after Warsh’s Jackson Hole speech
Currency weakens past ¥160 a dollar and yields rise to highest in three decades as investors raise bets on monetary tightening
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Andrew Bailey warns G20 of danger AI poses to financial system
Head of world’s financial stability watchdog urges countries to take steps to control the release of new frontier models
Jane Street’s AI bets go sour
Plus, Woodford’s angry investors, fund management deals boom and Lucian Freud in Denmark
UK investment trusts struggle to keep up the liquidity illusion
Boaz Weinstein’s activist campaigns expose the strains in a centuries-old model
Scramble for gas assets pushes dealmaking to decade high
Spending on US projects has soared as national oil companies and traders add to the rush for gas assets
Crypto groups spend record $640mn buying back their own tokens
Firms employ similar strategy to equity market repurchases in response to prolonged slump in digital assets sector