US share prices staged a sharp rebound this week on the announcement of a rapprochement between the US and China on trade barriers. By the time markets closed on Tuesday, the S&P 500’s losses since the start of the year had been wiped off. That followed news the US had cut proposed tariffs on Chinese … Read more
Hong Kong has been stepping up its attempts to become Asia’s prime hub for trading digital assets, including a series of new regulations to achieve its ambition of attracting global investors. The move comes as competition from the US and other countries in the Asia-Pacific region, led by Singapore, intensifies. Law practices in the Chinese … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US cryptocurrency exchange Coinbase has been targeted by hackers who stole customer data and demanded $20mn to prevent its public disclosure, the company said on Thursday. The group, which next Monday is set to become … Read more
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello and welcome to Energy Source, coming to you from New York. My Financial Times colleague Rachel Millard has … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bulls and Tigers and Moomoos — oh my! Online brokers, sensibly named and otherwise, have this year proved a better trade than betting on the broader market. On Wednesday, eToro joined the herd with an … Read more
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. Ed Miliband, UK energy secretary, came to office promising to “move fast and build things” by unleashing £40bn of investment a year to convert Britain’s energy infrastructure to clean power by 2030. He remains a … 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 Oil prices dropped on Thursday on signs that the US and Iran were getting closer to a deal on Tehran’s nuclear programme. Prices for Brent crude, the international benchmark, slid by as much … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italian energy major Eni said it was in exclusive talks to sell 20 per cent of Plenitude, its renewable power and electric vehicle charging business, to Ares Capital Management in a deal that would give … Read more
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. More details are emerging about the congressional Republican’s proposed budget. The House version, in its current form, adds … Read more
CoreWeave reported a 420% rise in revenue in its first quarter as a listed company, the furious rally in US assets has caught big investors off guard, and Nvidia is seeking to build a research and development centre in Shanghai. Plus, the Kurdistan Workers’ party, the militant group that has been in conflict with the … Read more