Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Another quarter, another blow for London’s faltering stock market. On Thursday, UK fintech Wise said it planned to switch its primary listing to New York to improve liquidity in its shares. On Wednesday, Cobalt Holdings, … 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 US companies with risky credit ratings are rushing to sell junk bonds ahead of an expected resurgence of trade tensions in July that could depress demand for corporate debt. Companies with weaker credit … 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 gulf between borrowing costs in the US and Eurozone has reached the greatest level since before the Covid-19 pandemic and is set to widen further, just as Donald Trump grows increasingly frustrated … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s smaller stocks have raced ahead of their US peers this year as investors bet on an economic resurgence while trying to steer clear of companies most exposed to Donald Trump’s trade war. Investors have … 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 Private equity groups are overhauling their exit strategies after accepting that a years-long downturn in initial public offerings is unlikely to end soon. Buyout executives at the industry’s annual European conference this week … Read more
Stay informed with free updates Simply sign up to the Pensions myFT Digest — delivered directly to your inbox. Only 5 per cent of an estimated £160bn of excess assets held in defined benefit pension schemes will be extracted despite a change in rules to make releasing surpluses easier, the government has predicted. The Department … 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 bond portfolio manager at Barksdale Investment Management and editor of ‘The Credit Investor’s Handbook’ The junk bond market has roared back to life, making May the busiest high-yield bond issuance month … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A corner of the UK market is enjoying its best year in at least two decades, yet investors are in no rush to price in further good news. A strategic review of the country’s defence … Read more
Another week, another blow to London’s capital markets. This time it was the turn of Wise, one of the UK’s brightest tech stars, which announced it would switch its main listing to New York. The move by the £11bn fintech has put the City on fresh alert about the shrinking pool of listed companies and … Read more