FirstFT: Inside Singapore’s plan to create an Asian BlackRock
Also in today’s newsletter: Wall Street stocks rebound and Apple unveils long-awaited AI Siri
OpenAI files to go public in blockbuster listing
ChatGPT creator has privately submitted draft prospectus for IPO expected to value company at more than $1tn
Why Singapore wants to create an Asian BlackRock
Temasek aims to turn Seviora into one of the region’s biggest asset managers
London mansion with mystery owner close to £190mn sale
The Holme, set in four acres in Regent’s Park, previously sold for £139mn in 2024
Apple unveils long-awaited AI Siri after years of delays
Silicon Valley giant seeking to differentiate itself with a commitment to privacy
AstraZeneca advances weight-loss pill to take aim at obesity leaders
Pill from drugmaker would put it into competition with market leaders Novo Nordisk and Eli Lilly
Wall Street rebounds as traders race back into chip stocks
Intel and Micron among big gainers as fervour over AI-linked shares resumes
Pentagon restores Alibaba, Baidu and BYD to Chinese military blacklist
The three groups re-established as US national security risk after sudden removal from list in February
Trump’s $100,000 H-1B visa fee blocked by judge
Ruling says the six-figure charge is an unauthorised tax and ordered it to be suspended
Berlin pulls plug on Franco-German fighter jet
Chancellor Friedrich Merz proposes scaling back €100bn defence project to co-operation on ‘combat cloud’
Starmer rallies ministers in attempt to build support against Burnham
Prime minister insisted he would fight Greater Manchester mayor in any leadership contest
Intesa’s bid for MPS restores some sanity to Italy’s M&A scene
An Intesa victory might be appealing to Prime Minister Giorgia Meloni
Sam Bankman-Fried seeks Trump pardon
CEO of collapsed crypto exchange FTX has served three years in prison for misappropriating billions in customer funds
The incredible shrinking influence of Putin’s Russia
Armenia is the latest country to leave Moscow’s orbit
Israel and Iran halt counterstrikes
Donald Trump urges both sides to ‘stop shooting’ as he pursues ceasefire extension
Sail Away Land — weird tales of work, loss and loneliness
The strangeness of Ben Pester’s writing is not just decorative — it exposes how bizarre ordinary life already is
Brexit: A Very British Civil War — a maddening account of how we got here
Interviews with Boris Johnson, David Cameron, Nigel Farage and others reveal shocking levels of incompetence and chaos
Atonement — ambitious adaptation can’t match Ian McEwan’s masterpiece
The Chichester Festival Theatre production has inventive touches but lacks intensity
We need to learn how to argue with AI
Putting humans in the loop is pointless if they simply rubber-stamp authoritative-sounding information
Lebanon’s intractable crisis pulls Israel and Iran back towards war
Impasse over Hizbollah has repeatedly tested the fragile ceasefire between Tehran and Washington
And the FTAV charts quiz winner isn’t…
Tee off
WhatsApp accuses NSO of fresh Pegasus targeting
Court filing argues that the Israeli spyware group breached a permanent US court ban
Blackstone looks to sell $2bn of stakes in private investment funds
One of the biggest deals of its kind will test investor appetite for ageing private equity vehicles
FCA seeks High Court injunction against Neil Woodford over new online service
UK financial regulator alleges fund manager is providing unauthorised investment advice