Two weeks on from the Spring Statement and Rachel Reeves’ declared ambition to “boost the culture of retail investment” in the UK looks spectacularly badly timed. The US president’s quixotic tariff announcements caused big losses for investors, with UK, US and global equity markets plunging, before whipsawing back after Trump announced a 90-day pause on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A few weeks ago, an interesting paper was presented at a Brookings conference. We didn’t get around to writing about it then, but it turns out that it was both fascinating and SUPER timely. Here … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shein has secured preliminary approval from the UK’s financial watchdog to float in London, taking the ecommerce company a step closer to a stock market listing. The Financial Conduct Authority has approved Shein’s initial public … 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. This week has felt about three weeks long. Is it too much to ask that not much happens … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump dislikes trade deficits. His attempts to remedy them with tariffs caused stocks and bonds to plunge. On Wednesday, after he rowed back, markets soared again. This mayhem threatens to erode the … 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 senior associate of the Carnegie Endowment for International Peace There has been justified concern this month that the chaos unleashed on financial markets around the world by the Trump administration’s “liberation … Read more
Surge in coffee prices is testing consumer patience, Lavazza warns
Asia’s developing economies are being squeezed by Donald Trump’s tariff blitz and China’s retaliation after years of benefiting as low-cost hubs for US exports. Stock markets of emerging nations, mainly part of the Asean group of countries in south-east Asia, have been among the year’s biggest losers from the turmoil created by the US president’s … Read more
Japanese stocks plunged by around 5 per cent in the first minutes of trading on Friday, as dealing floors responded to a big overnight fall in US stocks and the yen’s surge to its highest level since October. Shares in Sony fell by over 9 per cent, Toyota by over 6 per cent and MUFG, … Read more
When China increased restrictions on exports of rare earths last Friday, escalating a trade war with the US, several small Australian miners bucked the global market sell-off to register big gains. Shares in Lynas Rare Earths, Northern Minerals and Arafura Rare Earths rose on investor bets that they could be long-term suppliers of the materials … Read more