Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Legal & General, the British finance company that is one of Europe’s largest asset managers, has acquired a real estate investor as part of a strategic push into private markets under chief executive António Simões. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new cast of boutique banks is fuelling a fresh fervour for blank-cheque companies — one of Wall Street’s hottest and most controversial products during the pandemic-era bull market. Special purpose acquisition vehicles, or Spacs, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Online scams are big business. In the EU, according to the most recent figures, online scammers defrauded consumers out of €4.3bn in 2022. Increasingly, they use sophisticated adverts, including AI-generated “deepfakes” of figures ranging from … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank must stand ready to lower borrowing costs to “slightly below” 2 per cent as global trade wars threaten to drag down consumer prices, a top official has said. “If I look … 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 shares have outperformed their mainland peers by the largest margin in nearly two decades, as money pours in from China due to worries about the domestic economy and enthusiasm for the territory’s technology … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has begun allowing some shipments of rare earths under new export control rules, but the slow pace of approvals threatens disruption to global supply chains, according to industry participants. Beijing in early April placed … Read more
People not only set out in retirement on the wrong foot, but also pass mid-retirement without properly reviewing their plans, according to a new report. Research from the Pension Policy Institute found many retiring savers take full cash withdrawals or stay in investment strategies designed for pre-retirement, not post-retirement, needs. With much of the financial … Read more
Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. On Friday, Moody’s pulled the trigger and stripped the US’s of its last top rating — downgrading it one notch from Aaa to Aa1. Some content could not load. Check your internet connection or browser … 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 Traders who won a ticket to a banquet with Donald Trump by entering a contest to buy large amounts of the president’s memecoin may have netted multimillion-dollar profits, a Financial Times analysis has … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s recorded holdings of Treasuries have fallen below those of the UK for the first time since the start of the century, underlining an ongoing shift in Beijing’s management of its foreign reserves. The value … Read more