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Bank of England probes Asian equity risk at prime brokers

Regulator to review exposure to AI sector at hedge funds and other clients of investment banks operating in UK

Bags or baubles? How AI wealth divides luxury stocks

Richemont looks better placed than LVMH if the technology creates a K-shaped economy

Sea and be seen

There’s a fine art to looking the part for a day trip to the beach at the height of an American summer

Hedge funds face demands to stump up collateral as AI stocks tumble

Scale of losses in recent weeks sparks growing risk aversion on Wall Street

Apple tops $5tn valuation for first time

Tech giant gains due to its lack of huge spending on AI and as investors seek havens from sell-off in chip sector

Imports mute AI's boost to GDP

The AI boom depends on imported hardware, creating a disconnect between the scale of AI investment and how it appears in the government's economic statistics.

AI is only "part" of high U.S. productivity growth, says Stripe economist

Companies are achieving high productivity output because they're better using existing capital, not making major use of AI, writes Stripe's chief economist.

Maybe the chips are down because memory’s too expensive

DRAM, DRAM, DRAM / Did I ruin your plans, plans, plans?

A truly progressive VAT would solve a lot of UK tax problems

Ending exemptions while excluding low-income households would be fairer and bring in far more revenue

AI stock sell-off deepens as investors dump chipmakers

South Korea’s tech-heavy Kospi leads declines in Asia

Spanish Olive Oil Is Far Superior to Italian

Igor Ramírez García-Peralta. Photography by Victor Stonem