St James’s Place inflows drop as UK pensions tax change looms
Wealth manager notes an increase in withdrawals as people take money from their pension pots
Wealth manager notes an increase in withdrawals as people take money from their pension pots
South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains ‘limited’
Demand in Europe, US and Japan helps offset impact of US-Iran war
Indian industrialist considers offer for Associated British Ports as two Canadian pension funds prepare to sell stakes
Swiss bank unveils $3bn share buyback after volatile stock market drives record second-quarter revenues
Plus, oil is a problem again
Hugging Face; AI ingest; gambling; debt; the Borg; The Odyssey; ancient worlds; and boiling
Also in this newsletter: Hungary slows Ukraine’s EU accession despite Orbán’s departure
Read the BoJ’s July forecast from the FT’s Monetary Policy Radar team
Silicon Warsh is a hawk
Asia-focused UK lender has embarked on cost-cutting plan that includes reducing back-office jobs
Also in today’s newsletter: anger at Fifa plan and firefighting aircraft shortages
Robin Wigglesworth and Gillian Tett talk to financial historian Richard Sylla
Watch the latest episode from the FT podcast exploring the history of finance
Big Four consultant is latest firm found to have produced slapdash work while marketing expertise on the technology
Sonja Hutson talks to Robert Armstrong and Stephen Foley
Banks urged to unlock private capital as governments eye more atomic energy projects
Research warns Washington should be alarmed at military implications of the sector’s rapid expansion
Regulator to review exposure to AI sector at hedge funds and other clients of investment banks operating in UK
Football’s global governing body looks to sell a 20% stake in a new commercial entity
The Democratic socialist mayor of New York is targeting support at small companies — the likes of the food truck or corner bodega
Richemont looks better placed than LVMH if the technology creates a K-shaped economy
Lack of amphibious aircraft sparks political backlash as France and Spain fight blazes
London transport authority claims leading manufacturers misled authorities over diesel emissions