Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Woodside Energy, Australia’s largest energy company, has cemented a US push with an agreement for a New York-based private equity firm to provide $5.7bn in funding for a key liquefied natural gas development … Read more
Asian equities plunged in early trading on Monday as a global stock market rout continued following a weekend where US officials made no indication they would back down from Donald Trump’s sweeping new tariff regime. Japan’s benchmark Topix index fell over 9 per cent in the first 30 minutes of trading, while South Korea’s Kospi … Read more
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK government plans to water down rules for private equity and hedge funds by introducing a lighter regulatory regime for smaller groups to encourage more investment. The Treasury is expected to announce on … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street stocks were set for another day of heavy losses on Monday after the Trump administration indicated that sweeping US tariffs would be kept in place despite fears they could induce a global economic recession. … Read more
Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. Large institutional investors are studying options to shed stakes in illiquid private equity funds after the rout in global financial markets pummelled their portfolios, according to top private capital advisers. The calls by pensions and … Read more
Stay informed with free updates Simply sign up to the Fintech myFT Digest — delivered directly to your inbox. UK-based market maker XTX has reported a 54 per cent rise in profits in 2024, driven by positive investor sentiment about the economy and enthusiasm about generative AI. Filings last week to UK regulators and a … Read more
The US is closing on a deal with the Democratic Republic of Congo that would see American companies take more control of critical mineral assets in return for greater backing for the embattled Kinshasa government. President Donald Trump’s newly appointed Africa adviser Massad Boulos said he had seen the outlines of the deal and had … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than 300 arm’s-length bodies will be considered for abolition or merger under UK government plans to cut waste and restore ministerial control over swaths of policy areas. Cabinet Office minister Pat McFadden has written … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors’ focus is unlikely to waver in the coming week from Donald Trump’s trade war. After the US president’s blitz of tariffs sparked a global sell-off this week — in a rout that intensified when … Read more
Stay informed with free updates Simply sign up to the Digital currencies myFT Digest — delivered directly to your inbox. “It is imperative for the ECB to introduce a digital euro”, said Philip Lane, the European Central Bank’s chief economist, in a recent speech. Earlier last month Paschal Donohoe, president of the Eurogroup of finance … Read more