Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Steel again. It’s always steel. The proximate cause of Donald Trump’s decision to double steel and aluminium tariffs on Wednesday morning to 50 per cent — one of the few recent duty increases … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Until recently, companies have been loath to go public at a price below their last private valuations. But the stigma is easing. With the market for public listing in the US still shaky, companies looking … Read more
Stay informed with free updates Simply sign up to the EU trade myFT Digest — delivered directly to your inbox. The EU is pressing China to loosen restrictions on exports of rare earths because of an “alarming situation” for the bloc’s car industry, with production lines in danger of grinding to a halt. European trade … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlueCrest Capital Management, the hedge fund turned family office founded by billionaire Michael Platt, has gained more than 28 per cent so far this year after betting on a weakening US dollar. Platt is bearish … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Abu Dhabi minerals company International Resources Holding has bought a majority stake in a tin mine in the Democratic Republic of Congo, expanding its presence in Africa and underscoring its appetite for high-risk jurisdictions. IRH, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Commission has finally given Bulgaria the green light to join the Eurozone in 2026, making it the 21st country to join the single currency bloc. “Today we have reached a crucial milestone on … Read more
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the … Read more
Back in the halcyon days of August 2024, FT Alphaville argued that the launch of a leveraged single-stock ETF tracking MicroStrategy’s stock was the ETF industry’s shark-jumping moment. Oh how sweetly/stupidly naive we were at the time. Under new SEC chair Paul Atkins, the main US financial watchdog will “embrace and champion” innovation, an unsubtle … Read more
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 Good morning. South Korea has a new president — leftwinger Lee Jae-myung decisively won the country’s election. Will he put … Read more
Blackstone, Apollo and KKR. Although they have similar origins, these three top private capital groups are moving in different directions amid tumultuous markets. What do these approaches look like? And will they hold up in a potential downturn? The FT’s Antoine Gara, US private equity and deals editor, breaks down each approach and who’s most … Read more