Hong Kong launches $3.8bn fund to attract foreign businesses back Chief executive says territory will ‘trawl world for talent’ after lockdowns and political unrest cause brain drain
Pound rises and UK borrowing costs drop as Hunt scraps measures Yield on 30-year UK government bonds plummets as chancellor reverses more of Kwarteng mini-budget
IMF meetings have exposed the fragmentation of the global economy Countries have responded to a series of shocks by looking out for themselves, which could increase volatility and uncertainty
Kwasi Kwarteng: how ex-chancellor’s fate was sealed by IMF orthodoxy he fought against Former occupant of No 11 Downing Street finally sacked after financial institution chief’s remarks in Washington
Liz Truss fails to calm markets despite sacking Kwasi Kwarteng Sterling fell, FTSE 100 lost its gains and bond yields rose after PM’s press conference failed to announce new direction
‘Time may be running out’: global debt crisis reaches critical point Eclipsed by rich countries’ own problems, a crunch a decade in the making is coming to a head
Cliff edge looms for UK’s financial system BoE’s move to end bond buying is a big gamble given the magnitude of the bind Britain is in
Jacob Rees-Mogg says pensions not at risk as he hits out at BBC Business secretary claims impartiality rules breached by suggestion market turmoil is linked to mini-budget
UK firms using legal muscle to facilitate human rights and climate abuses – report Transform Trade charity says British-based companies are among main bringers of cases based on bilateral investment treaties
Cutting oil output risks global economy, warns US Treasury secretary Janet Yellen’s comments come as figures show business activity declining across most UK regions
Kwasi Kwarteng buckles up for an awkward first date with the IMF The chancellor is bound for Washington for talks with the organisation that blasted his mini-budget
IMF chief warns world heading towards age of greater instability Kristalina Georgieva points to ‘fundamental shift’, with fragile global ties and more frequent natural disasters
Invest in small farmers or world will face regular food crises, says UN agency chief Billions needed for water and soil conservation to boost resilience in small farms, says new head of UN’s agricultural financing arm
World Bank ‘has given nearly $15bn to fossil fuel projects since Paris deal’ A group of 50 NGOs found that bank and subsidiaries had funded oil refinery and gas processing
Fears grow over oil price as Opec+ agrees to bigger than expected output cuts Cartel curbs production by 2m barrels a day despite strong US pressure, further squeezing supplies