BlackRock removed from Texas blacklist after climate policy rollback

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Texas has removed BlackRock from a list of companies boycotted from receiving its investment funds, three years after the state targeted the world’s largest asset manager over its environmental policies. The decision by the state’s … Read more

Ex-Janus Henderson analyst part of greedy ‘secret trading club’, jury hears

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former Janus Henderson analyst and his associates were part of a “secret trading club” driven by greed that used insider information to earn profits of nearly £1mn, a London court has heard. Redinel Korfuzi … Read more

A Nasdaq high on Chinese herbs

Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. Traditional Chinese medicine is so hot right now: Regencell is a Hong Kong-based/Cayman Islands-incorporated/Nasdaq-listed “early-stage” bioscience company that develops herb-based treatments for ADHD and autism spectrum disorder. Net losses reached $4.36mn and $6.06mn in the fiscal years … Read more

What is Opec+ up to?

This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning, and welcome back to Energy Source, coming to you from London. Today we are going to unpack … Read more

Could Trump’s ‘big beautiful bill’ kill the OFR and accidentally sabotage SOFR?

Last week, MainFT jumped on the potentially wild implications of an obscure but explosive provision buried deep in the Trump administration’s budget bill. Section 899 of the bill passed by House of Representatives last week would let the US to impose additional taxes on companies and investors from countries that it deems to have “discriminatory” … Read more