Move by outgoing Biden administration made in co-ordination with UK

At times like these, it’s worth remembering just how bad Kwasi Kwarteng was as chancellor

American [stock market] carnage

CFPB proposes to put digital wallets under same standard as bank accounts

Owner of British Gas says low temperatures have strained supplies

America’s grip on global financial services could provide Trump with another source of leverage

As birth rates fall in Asia, companies focus on nostalgic toys for young adults

Bonds stabilise after sell-off that threatens to wipe out room for extra borrowing under Labour’s budget rules

Real estate company reveals winding-up request filed in Hong Kong

Plus: what’s the point of stablecoins?

Why Meta tapped UFC’s chief for its board and corporates start the year with historic bond issuance

Move demonstrates manager’s new determination to democratise alternatives and could be timely, analysts say

Rising gilt yields mean government departments may face further squeeze

Some 700,000 borrowers face jump in repayments when fixed-rate deals end this year

In the US they signal optimism while I’m loving a weaker pound

Equity market optimism about president-elect’s impact contrasts with warnings over hit to GDP growth

Huge recent fundraising deals for Databricks, SpaceX and OpenAI further delay need for stock market debuts

Chinese businesses continue to establish dominant foothold in fast-growing sector for battery supply chain

Investors expect price pressures to become entrenched in world’s second-largest economy