India buys more US oil to appease Donald Trump as tariff deadline looms

This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. The Brics meeting is this week, and both Prime Minister Narendra Modi and finance minister Nirmala Sitharaman are expected to travel to Brazil … Read more

South Korea lifts 14-year ban on ‘kimchi bonds’ after dollar-backed stablecoins frenzy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A speculative frenzy in dollar-backed stablecoins has prompted South Korea to lift a 14-year ban on domestic financial institutions buying so-called kimchi bonds as it seeks to draw in offsetting capital inflows. The Bank of … Read more

Hedge funds lured by private credit boom

Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let me … Read more

Meta and private credit

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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 … Read more

European companies look to France for domestic rare earths sector

European industrial groups are turning to a developing rare earths ecosystem in France as they attempt to cut dependence on China for critical minerals used in electric vehicles and wind turbines. Beijing upended supply chains for minerals crucial to the energy transition and fuelled concerns about an impending shortage of permanent magnets when it imposed … Read more