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Hedge funds’ correlation with stocks sparks fears over lack of crash protection
Correlation with equity benchmarks hits highest in at least five years, raising concerns over performance
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Emerging markets make roaring start to 2026 as dollar slides
Stocks, bonds and currencies have all soared as dollar weakness puts focus on fundamentals
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Trump warns Starmer against closer China business ties
UK prime minister to travel to Shanghai seeking to drum up deals after meeting Xi
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The meaning of Xi’s military purge
Relations between Chinese Communist leaders and the army have always been fraught
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Europe needs to put its money where its mouth is
Tussles over what to put on euro banknotes are symbolic of deeper dysfunction
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The music industry’s cautious embrace of AI
Leading labels have signed deals with tech companies in the hope of creating new revenue
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Panama court kicks Hong Kong’s CK Hutchison out of canal ports
Ruling comes after Donald Trump’s vow to ‘take back control’ of shipping lane and reassert
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HSBC targets Hong Kong IPOs after missing out on listings boom
Lender ‘maniacally focused’ on rebuilding its investment bank in one of its home markets
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