Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. Central banks expect to keep buying more gold this year, and anticipate their holdings of US dollars will fall over the next five years, according to a survey of global monetary authorities. Geopolitical concerns, sanctions … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of Japan said it would make “nimble responses” to any rapid rise in long-term interest rates as it announced plans to slow the pace at which it would taper its bond buying in … Read more
Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. The writer is president of the European Central Bank We are witnessing a profound shift in the global order: open markets and multilateral rules are fracturing, and even the dominant role of the US dollar, the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is senior adviser at Engine AI and Investa, and former chief global equity strategist at Citigroup Over a career in equity research, I saw all sorts of theories used to predict moves in … Read more
Stay informed with free updates Simply sign up to the EU energy myFT Digest — delivered directly to your inbox. The EU must be open to resuming Russian gas imports in the event of a peace deal being brokered to end the war in Ukraine, Austria has said — one of few countries in the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A London tribunal has ruled that Metro Bank’s former top two executives were responsible for a £900mn accounting error at the UK high street lender. Craig Donaldson, Metro’s ex-chief executive, and David Arden, former chief … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Millennium Management, one of the world’s largest hedge funds, is in talks about selling a minority stake to external investors at a $14bn valuation, as it presses ahead with plans to open up its ownership … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A court in Mali has appointed administrators to reopen a large gold mine in the country against the wishes of its owner Barrick Mining, escalating a stand-off between the Canadian company and the west African … Read more
Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. The prospect of a new economic shock emanating from the Middle East is likely to heighten central bankers’ cautious approach to cutting interest rates, economists said in the wake of Israel’s attack on Iran. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nippon Steel agreed to pay a $7bn premium to acquire US Steel way back in December 2023. It turned out that wasn’t enough to get control. In the end, Nippon has had to pay twice, … Read more