Top stories

Pure Alpha suffers 4.9% fall in year to June as equities and bonds rise

World Bank’s Kristalina Georgieva stands to benefit if limit were removed

Seizure of Stena Impero demonstrates Tehran’s desire not to be seen as weak

€500,000 limit at state-backed lenders blamed for deterring top staff

Equitable workplaces will only happen if companies change the culture of presenteeism

Battle lines drawn with TSMC as S Korean group sets sight on $70bn processor market

The Fed chair is expected to preside over the first US rate cut since the financial crisis

Banks will not have to register as investment advisers under EU rules

President intensifies race row by stepping up attacks on four female Democratic Congresswomen

Liberal Democratic party lands clear victory, but suffers slight loss of seats

Novice president says technocrat should be prime minister of new coalition government

US News

Sears, Victoria’s Secret and Charlotte Russe among household names closing outlets

Markets gyrated after conflicting messages on size of July cut

Federal Trade Commission approves expected multimillion-dollar agreement with Google

Court filing shows FBI believed she participated in talks about paying Stormy Daniels

Opinion

Highlights

Region lags behind emerging market peers as economy burdened by ‘missing middle’

Mukhriz denies timeline for succession, notes PM needs time to repair economy

The coffee group chairman argues his style of capitalism is good for business, workers and the consumer

Markets News

Market Questions is the FT’s guide to the week ahead

Aim-listed group’s previous attempt to tap markets in November fell through

Alpine nation faces a difficult choice — allow currency to strengthen or intervene

Technology

Star Market billed as Shanghai’s answer to Nasdaq as Beijing grapples with trade war

updated

Battle lines drawn with TSMC as S Korean group sets sight on $70bn processor market

A bet on Tencent two decades ago created the continent’s most valuable company. Will the float of some assets finally lift its share price?

Life & Arts