Sukuk market at risk of unintended disruption

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an adviser on Islamic finance, a member of the Council on Foreign Relations and millennium fellow at the Atlantic Council  The global sukuk market for Islamic finance faces a pivotal moment. A new framework from the … Read more

The bond vigilantes are on the prowl

Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. The bond vigilantes are growling and baring their teeth, and authorities around the world (most of it, anyhow) are doing the right thing, and backing away. But the risk of bond wobbles spiralling in to … Read more

UK confirms powers to force pension funds to back British assets

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Rachel Reeves has confirmed she will create a “backstop” power to force large pension funds to back British assets, as she vowed to unleash more than £50bn of investment in domestic infrastructure, housing and fast-growing … Read more

Argentina raises $1bn in international bond auction in boost for Javier Milei

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina has raised $1bn from international investors in a vote of economic confidence for libertarian president Javier Milei seven years after the country last tapped global capital markets. The peso-denominated sovereign bond, issued under Argentine … Read more

Fed feared that loss of ‘haven’ status would hit US economy

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Federal Reserve officials have warned that the loss of the US’s safe-haven status triggered by President Donald Trump’s global trade war could have “long-lasting” effects on the country’s economy. Minutes from the Federal … Read more

JD Vance touts bitcoin’s emergence and hails pro-Trump crypto investors

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world JD Vance has hailed the arrival of cryptocurrencies into the US economy’s “mainstream”, vowed to establish “pro-innovation” rules for digital assets, and praised the crypto billionaires who backed Donald Trump’s White House bid … Read more