Feng Ji is the founder and CEO of Baiont, a top-performing quant fund in China that uses artificial intelligence to develop trading strategies. He argues quant trading is fundamentally a computer science task and predicts that quant fund managers failing to embrace AI will not last another three years. In this conversation with the Financial … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rio Tinto will pay up to $900mn for a near 50 per cent stake in Chile’s Maricunga lithium project, marking the biggest foreign investment in the sector since Santiago semi-nationalised its lithium mining industry two … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is president of Structured Credit International Corp and a former senior vice-president at S&P during the Latin American debt crisis Donald Trump just earned a dubious distinction: for the first time … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government has finally arrived to clean up what it calls the “wild west” of “buy now, pay later” lending. A new sheriff will find that most of the cowboys in the sector have … Read more
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The Bank of England is exploring ways to relax ringfencing rules that force UK lenders to separate their retail operations from other activities, as it aims to head off calls to scrap the regime … Read more
Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. That Thomas Friedman remains employed by the NYT while OG eco-blogger Paul Krugman racks up hundreds of thousands of subscribers on Substack is one of the world’s great mysteries. Of Friedman’s many many hilariously bad … Read more
Javier Milei is preparing to relax Argentina’s elaborate curbs on tax evasion in a bid to coax billions of dollars of hidden savings back into the regular economy. The libertarian president is set to unveil reforms in the coming days to sway what he calls the “heroes” who stowed away undeclared US dollars in order … Read more
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. US bank lending to buyout firms and private credit groups has helped fuel a steep rise in loans to non-bank financial institutions, even as regulators fret that growing ties between the two sectors could become … 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. Moody’s lowered the US’s credit rating to Aa1 from the top AAA on Friday. This marks the first … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US assets sold off on Monday as fiscal concerns mounted following the loss of the country’s triple-A credit rating and Donald Trump’s massive tax and budget bill clearing a hurdle in Congress. Yields … Read more