Most penny stocks close to falling foul of Nasdaq’s minimum bid price requirements have no choice but to execute increasingly brazen reverse splits, financially engineering their way around the exchange’s erratically-enforced rules. Others need never go to the trouble. Asset Entities is one such listed company, and its co-founder’s ascent from humble TikToker to business … Read more
Telegram leapt to a $540mn profit last year despite the ongoing legal threat to its leadership, yields on the longest-dated Japanese government bonds surged to record highs, and UK inflation rose more than expected to a 15-month high. Plus, Germany is considering banning the far-right Alternative for Germany party, but has it become too big … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. American exceptionalism in markets is starting to feel like a weird dream. At the end of 2024, this was all any investor could talk about. It was deemed a nailed-on certainty that US stocks would … Read more
It feels like private assets are at a tipping point. Unprecedented amounts of capital are being raised by large private asset fund managers, and they are now setting their sights on your pension and savings as a fresh source of capital. In the US, the industry is urging the Trump administration to allow retail investors … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Telegram leapt to a $540mn profit last year, as the messaging app achieved rapid growth despite the ongoing threat to its leadership from French legal proceedings against its founder Pavel Durov. The Dubai-based group told … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. After garnering an early reputation as a successful if somewhat boring Norwegian chief executive, Helge Lund has now found himself at the centre of corporate drama at not one but two of Europe’s biggest companies. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is not often that habitual complacency makes you an astute judge of world events, particularly those involving geopolitical conflict. But for decades a shrug has been the best response to the perennial panics over … 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 a professor of finance at Harvard Business School The turmoil in the $28tn US Treasury market following the early April announcement of tariff rises by the Trump administration revived unsettling memories of … Read more
Banks’ climate goals are falling like dominoes. HSBC has told investors to expect a rejigged energy strategy and climate targets in the second half of the year, while Royal Bank of Canada has dropped its sustainable financing target altogether and UBS has pushed back a target to cut its greenhouse emissions to net zero by … Read more
Bets that currency deals will form part of trade negotiations with the US have helped lift a string of Asian currencies against the dollar, as traders look for signs that countries will offer to scale back intervention to appease President Donald Trump. The Korean won, Japanese yen and Taiwan dollar have rallied strongly in recent … Read more