The Taiwanese dollar’s torrid rally

Stay informed with free updates Simply sign up to the Foreign exchange myFT Digest — delivered directly to your inbox. With the rest of FT Alphaville off today, this is now officially going to be a Taiwanese dollar blog. Fortunately for content reasons — and as we expected last week — our favourite Asian currency … Read more

The US labour market is holding up

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Warren Buffett announced over the weekend that he will step down as CEO of Berkshire Hathaway at the … Read more

Berkshire after Buffett

The world’s most famous investor says he plans to step down after six decades leading Berkshire Hathaway, and Chinese exporters are turning to third countries to get around 145 per cent US tariffs. Plus, local Nigerian oil companies are starting to replace foreign majors, and Israel calls up reservists to support its expanded operations in … Read more

Global volatility is a reason to lean into emerging markets, not flee them

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is founder and chief investment officer at Gramercy Funds Management Tariff disputes, geopolitical tensions and now a potential US recession. It hardly seems the time to seek out investments in emerging markets given … Read more

Private equity’s best days are over, says Egyptian billionaire Nassef Sawiris

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. The private equity industry is past its peak and faces a massive challenge in selling off trillions of dollars in assets, according to Egyptian industrialist and billionaire investor Nassef Sawiris. Sawiris, who has invested parts … Read more