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Cost of insuring against US default climbs on debt ceiling fears
One-year credit swaps hit highest level since at least 2008
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At least 9 members of US Congress sold bank stocks amid turmoil last month
Disclosures show one representative on the House financial services committee sold SVB shares a day
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The dash for cash savings is a new experience for many UK customers
If you rediscover the savings habit, don’t let higher taxes be the sting in the
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China lashes out against US-Philippines alliance
Decision to grant access to four military bases near Taiwan infuriates Beijing
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Chip industry slowdown will last longer than expected, manufacturers warn
Weakening demand for automotive components compounds slumping PC and smartphone sales
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Companies seek alternatives to fill lobbying void left by CBI crisis
Pre-election campaign to launch as business body’s members search for alternative ways to engage with
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GAM held takeover talks with Zürcher Kantonalbank
Troubled asset manager under pressure to find a buyer after failing to recover from 2018
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The man who fixed Milan on the future of football
Plus, US leagues push back against gambling and Naomi Osaka’s media company raises $5mn
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