Why the EU faces a tough call on new banking rules as US and UK waver

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. If you haven’t yet read that story of how senior US officials, including the … Read more

Retail traders plough $67bn into US stocks while investment giants flee

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Individual investors have pumped almost $70bn into US stocks this year even as professional money managers are slashing their exposure to the market on fears over Donald Trump’s policies. Net inflows from retail investors into … Read more

US farmers express dismay over proposal for levies on China-built ships

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Trump administration proposal to impose stiff levies on Chinese-made ships entering US ports is sowing panic in the country’s agriculture industry, with farmers saying the added cost threatens to upend exports of wheat, corn … Read more

Half of UK oil and gas demand can be produced at home, says industry body

Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. The UK could produce half of its projected demand for oil and gas domestically under the “right business conditions”, reducing an increasing reliance on more carbon-intensive imports, an industry body has said. Offshore Energies UK … Read more

UK watchdog to cut financial sector rules after calls from business

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. More than 100 pages of regulations covering consumer finance, investments and mortgage lending will be “retired” by the UK financial watchdog in response to calls from businesses and the government to streamline its rules. … Read more

Wealthy Americans seek refuge from Donald Trump in Swiss banks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealthy Americans both in the US and abroad are drawing up contingency plans to move assets to Switzerland amid uncertainty caused by the Trump administration. Private bankers, multi-family offices and asset management groups said they … Read more