UK financial regulators should copy Singapore model, say peers

Stay informed with free updates Simply sign up to the Financial & markets regulation myFT Digest — delivered directly to your inbox. Britain’s financial regulators need to learn from Singapore by ditching their “risk-averse culture”, stepping up support for economic growth, and becoming more welcoming to businesses, a House of Lords committee has said. Since … Read more

Crypto influencer Anthony Pompliano set to launch bitcoin-buying vehicle

Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. Anthony Pompliano, one of America’s most prominent crypto influencers, is set to be installed as chief executive of a publicly traded company that is raising $750mn to fund a bitcoin buying spree. Pompliano, a podcast host … Read more

Javier Milei lowers Argentina’s monthly inflation below 2% for first time since 2020

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s monthly inflation rate has fallen below 2 per cent for the first time in five years, a boost for libertarian President Javier Milei in his war against the country’s chronic price pressures. Consumer prices … Read more

Shares of fintech Chime soar in market debut

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in mobile payments group Chime surged on the company’s debut in New York, underscoring investor optimism for fintech amid a burst of activity in the US initial public offerings market. Chime opened on Nasdaq at … Read more

Reserving judgment on the gold rally

Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. Since Donald Trump’s re-election — or at least since Liberation Day — the US dollar’s reserve asset status has been litigated among economists and columnists. And it’s hard to argue that its shine has come off. … Read more

BlackRock sets $400bn fundraising target to take on private capital giants

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock has set an ambitious $400bn fundraising target for its private investment businesses, as executives laid out a plan to almost double the market value of the world’s largest asset manager by 2030. The 2030 … Read more