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The dangers of asset managers when it comes to long-term infrastructure
Closed-end funds with fixed lifespans dominate the sector
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European shares rise as bank contagion fears ease
Strong US corporate earnings offset recession concerns
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Chinese company moves some production abroad to escape geopolitics
US clients had told the water-heater maker Vanward to shift elsewhere to continue co-operation
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China starts retaliation against foreign groups after US-led tech blockade
Spectre of hostage diplomacy returns following raids on offices of western companies
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‘Anxious and frustrated’ Lula takes swerve to the left in Brazil
President has in effect abandoned his ‘big tent’ coalition only a few months into his
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Immigration is back in the US
The return of migrant dynamism could mean good things for American growth and the fight
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The UK’s financial watchdogs: 10 years on the political tightrope
Over their first decade, the FCA and the PRA have had to guard against scandals
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Deposit insurance is key to the confidence trick of banking
Reforms to guarantee schemes in UK and US are essential to avoid a deeper crisis
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