Can Trump drive down bond yields?

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Donald Trump has been clear he wants lower interest rates. Cheaper money would goose the market and give the government room to spend. But interest rates haven’t exactly been co-operating. Today on the show, … Read more

Anatomy of a Chinese pump and dump

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We’ve written a few times about some rather fishy price swings involving China-based, Nasdaq-listed stocks and US regulators’ seeming inability to get to the root of the problem. So credit where it’s due — on Friday, Chicago federal law enforcement seized $214mn in an alleged “pump and dump” fraud investigation. They indicted seven defendants in … Read more

Standard Chartered fails to narrow £1.5bn lawsuit over Iran sanction breaches

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Standard Chartered has failed in its attempt to narrow the scope of a £1.5bn lawsuit over claims that its breaches of sanctions against Iran were more widespread than it has acknowledged. The High Court in … Read more

Trafigura chief urges government ownership of smelters to compete with China

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Trafigura’s new chief executive, Richard Holtum, called for western governments to nationalise parts of the metals processing industry in order to compete with China as he placed the company’s struggling Nyrstar zinc smelter in Australia … Read more

StubHub IPO channels Taylor Swift, but not her star power

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On paper, investors should be lining up for front-row tickets to StubHub’s initial public offering. The live entertainment industry just came off two blockbuster years thanks to the jumpsuit-clad efforts of Taylor Swift and Beyoncé. … Read more