Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Macquarie has agreed to inject up to £1.2bn of fresh equity into Southern Water as part of a deal that will result in the debt owed to its holding company lenders being cut by more … Read more
Stay informed with free updates Simply sign up to the Foreign exchange myFT Digest — delivered directly to your inbox. Taiwan’s dollar jumped more than 2 per cent in volatile trading on Tuesday, as the country’s massive life insurance and export sectors rushed to contain the fallout from a weak US dollar. The New Taiwan … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Treasuries are amazing. The US government bond market is so big, liquid, safe and widely-acceptable as quasi-money that it commands something that economists call a “convenience yield”. In reality, it functions more like a premium … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Two of the Middle East’s largest oil companies are scaling back their multibillion-dollar acquisition sprees as expectations of a sustained drop in oil revenues curb their global dealmaking. Saudi Aramco, the world’s number-one … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asset managers made a “huge mistake” in claiming the investment industry could “save the world”, the departing chair of the UK’s Aberdeen Group said, over-egging their role in environment, social and government issues for marketing … Read more
This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. The Brics meeting is this week, and both Prime Minister Narendra Modi and finance minister Nirmala Sitharaman are expected to travel to Brazil … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s bull market is leaving China behind, in a sign that a lacklustre economic recovery and trade tensions with the US have weighed on investor sentiment in the mainland. Equities in mainland China are … Read more
