Dollar weakens after Trump attacks on Fed

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The dollar slumped on Monday as investors responded to mounting uncertainty over US economic policy following President Donald Trump’s attacks on Federal Reserve chair Jay Powell. The dollar fell to a three-year low … Read more

India’s retail stock investors keep faith despite foreign outflows

Growing up in New Delhi, 38-year-old health worker Nausheen Zaidi said her parents invested in fixed deposits, life insurance and land. But after her husband introduced her to the stock market in 2012, Zaidi started small there, putting money into mutual funds, later investing Rs30,000 ($350) during the pandemic and “tasted blood”, she recalls. Her … Read more

China’s rare earths controls prompt fears of auto shortages and shutdowns

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s latest export controls on rare earth minerals could cause shutdowns in automotive production, with stockpiles of essential magnets set to run out within months if Beijing fully chokes off exports. Beijing expanded its export … Read more