Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Temasek and Warburg Pincus are preparing to put healthcare supply chain management company Global Healthcare Exchange up for sale, aiming at a valuation of almost $5bn, according to people familiar with the matter. GHX, in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of A Random Walk Down Wall Street The results are in: this time is not different. Indexing remains the optimal investment strategy. Every year S&P Global Ratings publishes reports comparing … Read more
When economists seek to account for the dollar’s outsize role as the only true global currency, they point to structural factors such as the US share of world GDP, or the depth and liquidity of US financial markets. This approach underlies the sanguine view of many financial market participants that, come what may, so long … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global investors are pulling their money out of south-east Asia as concerns mount over the region’s largest economies and many traders rotate back into Chinese equities. Indonesia and Thailand, the region’s two biggest economies, have … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. StubHub, the online ticket marketplace that earned a windfall from Taylor Swift’s Eras concert tour, has filed for a US initial public offering that will test investor appetite for tech listings amid a slump in … Read more
NASA made a bet a few years ago that commercial companies could take scientific experiments to the moon on a lower budget than the agency could. Last year, that was a bad bet. The first NASA-financed spacecraft missed the moon entirely. The second landed but fell over. But this month, a robotic lander named Blue … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkey’s central bank burnt through almost $12bn defending the lira in a record intervention after President Recep Tayyip Erdoğan’s detention of his political rival triggered a political crisis that scared investors and sent the currency … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Elon Musk has urged Tesla employees to “hang on to” the carmaker’s shares in an effort to reassure them that the carmaker’s future is “incredibly bright” despite plummeting sales, a series of safety … Read more
Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. Don’t let the happy smiley face in my photo deceive you. I seethe at losing my job to this day. The stress on my family. Giving up our London home. Being broke. The worst thing … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In markets, the real secret sauce for the US — its magic trick to lure in global investment funds and keep them there — is the benefit of the doubt. This is what Europe is … Read more