BUSINESS

A warning shot to the Treasuries market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s stock market has emerged as one of the world’s top-performing bourses this year, helped by the country’s relatively insulated position from the global trade war and an expected boost from neighbouring Germany’s fiscal “bazooka”. … Read more

One scoop to start: Graham Robinson, a top biotech and technology lawyer, is set to depart Skadden Arps for Kirkland & Ellis, according to people familiar with the matter, as the jockeying for talent among Big Law firms continues to heat up despite a slowdown in dealmaking. And a sharp Lex note: In a fallow … Read more

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Japan’s Nippon Steel has quadrupled its investment pledge in US Steel over the next few years in a major push to win over President Donald Trump and gain approval for the politically fraught … Read more

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world President Donald Trump’s “big, beautiful” tax bill risks sharply increasing the US public debt, sparking alarm among investors and fuelling questions over how long the world will finance Washington’s largesse. US long-term borrowing … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The value of French grocer Casino’s debt has slumped to deeply distressed levels, as fears grow that continued weak earnings could trigger a breach of its loan covenants next year. Casino, which has lost market … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in leading Chinese battery maker CATL rose 12.6 per cent as trading began on Tuesday and retail investors followed up with strong demand for the biggest listing of the year to date globally. The … Read more

Feng Ji is the founder and CEO of Baiont, a top-performing quant fund in China that uses artificial intelligence to develop trading strategies. He argues quant trading is fundamentally a computer science task and predicts that quant fund managers failing to embrace AI will not last another three years. In this conversation with the Financial … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rio Tinto will pay up to $900mn for a near 50 per cent stake in Chile’s Maricunga lithium project, marking the biggest foreign investment in the sector since Santiago semi-nationalised its lithium mining industry two … Read more

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is president of Structured Credit International Corp and a former senior vice-president at S&P during the Latin American debt crisis Donald Trump just earned a dubious distinction: for the first time … Read more