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Ultra-fast-fashion brand Shein has been valued at $26.2bn (£19.3bn) after its first day of public trading, following a long quest to list on the stock market.

India’s commerce minister Piyush Goyal led the country’s largest-ever business delegation to Japan last week in a bid to expand trade and investment ties between the two countries. His visit came as Japan’s deepening push into Asia’s third largest economy has become increasingly more apparent.

The Bank governor recently told City bosses: ‘No country can seal itself off from the cross-border nature of systems that are prevalent today.’ Photograph: Richard Drew/APThe Bank governor recently told City bosses: ‘No country can seal itself off from the cross-border nature of systems that are prevalent today.’ Photograph: Richard Drew/AP