He was a heavyweight in Hong Kong finance and a hometown hero. Now he faces the possibility of jail

Donald Tang says management of fast-fashion retailer has yet to discuss price tag ahead of long-planned flotation

Trump administration frees up $4.7bn loan to French company that was frozen since 2021

Gold surges to all-time high as investors seek safety amid doubts over Ukraine ceasefire

Sovereign bitcoin reserves are a relatively small phenomenon but are probably here to stay

Marks and Recreation

People, pay your website designers more

Plus China’s Two Sessions

Senior executive at State Street says expertise in other markets will carry little weight

Marketing firm Wolff Olins wanted its name off asset manager’s promotional material

Bosses warn potential consumer benefits would be offset by squeezed domestic shale industry

Premium investors’ demand to hold riskier debt jumps to highest level in six months

It takes 29 years to get approval for a new mine in the US but the industry is hoping that will change

Champion of light regulation expected to be welcomed by Wall Street

Fiscal watchdog’s preliminary forecasts based on UK borrowing costs exclude recent rise in gilt yields

Shale pioneer and US-based TransAtlantic Petroleum in joint venture with Ankara’s national energy company

City cheers Sir Keir Starmer’s crackdown on red tape but there are questions over how much it can boost growth

Labelling justifies a preference for strong-arm tactics over co-operation

Emirates investment fund to buy minority stake with stablecoins

‘Far-reaching’ amendments to 1948 law highlight reluctance to wean world’s most populous nation off fossil fuels