In charts: How Britain’s banking revolution failed
In charts: How Britain’s banking revolution failed
BUSINESS
The S&P 500 is still significantly overpriced
This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome back. Every twist and turn from the White House brings a new rally or sell-off in the … Read more
LNG companies say they cannot comply with Trump rules on Chinese ships
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The liquefied natural gas industry has warned the Trump administration it cannot comply with new rules aimed at forcing them to use US transport vessels by imposing levies on Chinese-built ships docking at … Read more
Swiss franc surge sparks bets on return to negative interest rates
The Swiss franc has soared to a decade high against the dollar as investors rush for shelter from the global trade turmoil, sparking bets that the country’s central bank will have to lower interest rates to zero or below to curb the currency’s rise. The currency, historically a financial market haven because of the Alpine … Read more
Private credit firms take aim at ESG for holding back financing for European defence
Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. Private credit firms that could offer vital funding to Europe’s expanding defence industry are exploring whether their investors’ sustainable investment requirements can be watered down to allow them to lend. Financing Europe’s defence sector … Read more
The UK needs to tackle Trump contagion risk for gilts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is research associate at the Financial Markets Group at the London School of Economics and a former member of the Monetary Policy Committee Donald Trump has unsettled US Treasuries on more than one … Read more
Vanguard rules out China in big international push
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vanguard, the world’s second-largest asset manager, has ruled out re-entering China’s fund industry even as the group seeks to accelerate its global expansion beyond its biggest market in the US. Chris McIsaac, head of Vanguard’s … Read more
Mining group backed by Bill Gates and Jeff Bezos expands into DR Congo
Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. A mining start-up backed by Bill Gates and Jeff Bezos is expanding into the Democratic Republic of Congo, in a bet that the resource-rich nation will be crucial to US efforts to compete with China for … Read more
Iranian port explosion injures more than 500 workers
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A large explosion that ripped through fuel containers at a strategic Iranian port on Saturday has injured more than 500 workers and disrupted foreign trade. There has been no official explanation for the cause of … Read more
Republicans plan to scrap US audit regulator
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. Republican lawmakers plan to shut down the US audit regulator, which was founded in the wake of the Enron scandal more than two decades ago, as part of a reform package designed to deliver … Read more