Scandal involving island-wide seizures of gold bars and luxury cars rocked city-state’s wealth management sector

Transition away from fossil fuels will incorporate ‘some years’ using oil, Corrêa do Lago says

While equities soar, the US dollar plunges

The region risks marginalisation in the emerging new digital financial ecosystem

Companies raise just £160mn in first half amid growing fears over waning attractiveness of UK markets

UK chancellor’s Mansion House speech expected to include details of commission into adequacy of retirement savings

Collapse of Lindsey refinery owner is a cautionary tale of a company lacking financial heft to manage its sprawling operations

Local jewellers chip away at European dominance in domestic market as consumers move towards homegrown products

European Commission risks eroding trust by using urgent procedures to cut red tape, ombudsman says

Market fears that replacing chancellor would imperil fiscal rules

Figma listing plans might raise hopes of a rise in IPO activity

Token gestures

Owner of African nation’s most valuable bank will boost UK market as it looks abroad for capital

The increasing ubiquity of AI makes it harder to authenticate who someone is in the digital realm

Dallas Fed survey shows energy executives facing tougher business conditions

Big asset managers added to holdings in bet that sell-off sparked by doubts over Rachel Reeves’ future would be shortlived

Bets on GE Aerospace, Microsoft and Visa help activist fund to first-half profits

European Commission to propose mechanism to issue common bonds to fund member states in emergencies

Move partially reverses sell-off prompted by investor fears chancellor would be sacked after emotional PMQs appearance

Plus car sales