Indonesia shores up rupiah as economic fears mount

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indonesia’s central bank has intervened “boldly” in the foreign exchange market as the rupiah hovers around five-year lows amid concerns over a sluggish economy and President Prabowo Subianto’s expensive policies. The attempt to boost investor … Read more

‘ABCD’ agricultural traders struggle to escape boom-bust cycle

Less than three years ago, the world’s biggest agribusinesses were riding their latest high as they cashed in on market chaos after Russia’s assault on Ukraine upended the global food supply chain and sent grain and oilseed prices soaring. Now the “ABCD” giants — Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus — have fallen … Read more

Hidden ‘double dip’ charges hit UK car insurance customers on monthly contracts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s largest car insurers have piled hidden costs on top of double-digit interest rates for customers paying in monthly instalments, according to people familiar with the practice. Admiral and Aviva are among the car … Read more

Investors pump $22bn into short-term US debt to ride out market ‘storm’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have poured $22bn into short-term US government debt this year after concerns over Donald Trump’s economic and trade policies set off a race for haven assets and sent stocks tumbling. Net inflows into short-dated … Read more

Vanguard plugs ‘transformational’ idea for Europe ETF trading venue

Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Euronext’s ambitious plans to consolidate the thousands of exchange traded product listings scattered across its bourses would be “transformational” for retail investors, according to Vanguard. The stock exchange operator is in discussions with market … Read more