UBS and Citi among nine banks fined $21.5mn in Singapore money-laundering case

Scandal involving island-wide seizures of gold bars and luxury cars rocked city-state’s wealth management sector
Ex-Labour MP Sultana announces launch of new leftwing party with Jeremy Corbyn

Former Labour leader’s ally says he was not consulted ahead of announcement
German business warns army draft would deepen worker shortage

Introduction of military service would make it harder for companies to recruit workers
London IPO fundraising falls to 30-year low

Companies raise just £160mn in first half amid growing fears over waning attractiveness of UK markets
How Sir Keir Starmer fumbled his first year in power

On the anniversary of the UK election, the prime minister and his Labour party are searching for direction
Trump tightens grip on power with ‘big, beautiful’ policy triumph

The US president marks July 4 with a string of achievements in his first months in office