Strata management association warns of ‘wild west’, calls for standards, licensing and regulation for holders of millions of dollars of body corporate funds

US factory production stalls; US leading indicator disappoint; China has more weak FDI; the yuan surges; Japan raises rates despite low inflation; Bullock turns hawkish; UST 10yr at 5.01%; gold rises, oil eases; NZ$1 = 57.2 USc; TWI-5 = 60.7

Alexander Richter & Malcolm Foo argue government and businesses must take action to harness and scale up AI use to drive productivity and competitiveness

Dambisa Moyo outlines steps that policymakers and businesses can take to limit the fallout from a potential AI catastrophe