Japanese bond yields hit 16-year high

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s 10-year borrowing costs rose to a 16-year high on Thursday as Tokyo joined a global bond sell-off sparked by Germany’s decision to spend more on defence. The yield on the 10-year Japanese government bond … Read more

Barclays ex-CEO Staley claimed he would never introduce family to a paedophile

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jes Staley, the former Barclays chief executive fighting to clear his name over ties to Jeffrey Epstein, once protested to a senior colleague that he never would have introduced his family to a convicted paedophile, … Read more

Pensions minister says schemes must invest more in UK

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Pensions minister Torsten Bell has publicly challenged the industry’s prevailing view that trustees who increase their investment in the UK economy risk jeopardising the outcomes for their members. Trustees have a fiduciary duty to invest … Read more

Europe has no choice but to seize frozen Russian assets

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer was vice-president Kamala Harris’s national security adviser. Daleep Singh, deputy national security adviser for international economics in the Biden administration, also contributed Europe’s response to the Trump administration’s shocking withdrawal of … Read more