Japanese hotel group’s shares soar on plan to raise $5bn to buy bitcoin

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Japanese hotel developer turned bitcoin investor Metaplanet soared on Monday after it unveiled plans to raise about $5.4bn to add to its already large stockpile of the cryptocurrency. The company said on Friday … Read more

Tesla after Trump

Good morning. On Friday, the May jobs report came in much better than feared. The US private sector added 139,000 jobs and the unemployment rate held steady at 4.2 per cent. There were soft spots, including downward revisions for March and April. But broadly speaking, this was a good report. The US stock market approved, … Read more

Big investors shift away from US markets

Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let me … Read more

Norway’s oil fund calls for urgent reform of European capital markets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s largest sovereign wealth fund is calling for urgent reform of Europe’s capital markets including harmonised tax, insolvency and supervisory rules to ensure the continent does not fall further behind the US and Asia … Read more

The high risk adventure playground that awaits pension investors

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Politicians on both sides of the Atlantic are hell-bent on steering more pension money into private markets. The Trump administration is considering an order that would open up American employees access to private markets through … Read more