Is credit cruising for a bruising?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US stocks are queasy, economists are morose, data keeps worsening and even Treasury Secretary Scott Bessent can’t rule out a recession. But one widely followed indicator remains relaxed: high-yield bond spreads This matters because credit … Read more

South Africa’s energy transition withstands Trump tensions

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello and welcome to Energy Source, coming to you from New York. The FT’s energy team returned from CERAWeek … Read more

Jack Ma’s AI comeback

Vladimir Putin has allowed a group of western asset managers and hedge funds to offload Russian securities left in limbo by Moscow’s invasion of Ukraine, an FT analysis found that US listings often fail to boost companies’ valuations, and the Financial Conduct Authority is to ban Crispin Odey from the financial services industry. Plus, tech … Read more