A sudden rise in crude prices driven by a renewed fear of a military confrontation between the US and Iran has caught out bearish traders, forcing many to rethink their near-term outlook for the oil market after a period of falling prices. The price of Brent crude surged 4.3 per cent on Wednesday to close … 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 Bitcoin is close to record highs and enthusiasm is brimming as investors bet on greater political and regulatory support from President Donald Trump’s administration. He has created a more favourable regulatory climate for … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has launched a strike against Iran following months of mounting tensions over Tehran’s rapidly advancing nuclear programme, dramatically escalating the crisis that has gripped the Middle East for more than a year. Massive explosions … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a faculty member at Yale, formerly chair of Morgan Stanley Asia, and is the author of ‘Accidental Conflict: America, China, and the Clash of False Narratives’ Controversy swirls over the future of … Read more
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
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
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
Credit Suisse may be gone but it is far from forgotten. London’s High Court is the latest venue to unearth failings at the venerable Swiss bank before its emergency takeover in 2023 by arch-rival UBS. London’s Rolls Building is where a $440mn legal battle is being waged between a Credit Suisse investment fund, SoftBank, and … 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 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
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