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Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Twenty-five years ago, I heard a clutch of top American financial officials, including Timothy Geithner and Lawrence Summers, offer advice to their Japanese counterparts about how to tackle a property crisis. The essence of their

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk has said Tesla will hold an investor vote on whether to move its corporate registration to Texas, in the wake of a court judgment in Delaware that voided his $56bn pay package. Tesla

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Federal Reserve held interest rates at a 23-year high on Wednesday, but gave little immediate indication of when it would begin cutting borrowing costs this year. The Federal Open Market Committee’s decision to

Outside the White House on Tuesday, Joe Biden walked over to the cameras to say that he had finally decided on the US response to a deadly attack on its troops in Jordan, after two days of talks with his national security team.  But the US president tempered that message with another: that he was

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The IMF has warned UK chancellor Jeremy Hunt against cutting taxes, arguing the country needs to curb public borrowing and prioritise spending in areas such as health, education and tackling climate change.  Pierre-Olivier Gourinchas, IMF

Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. The head of the Munich Security Conference has urged Germany to take a tough line on Israel, saying Berlin had a responsibility to call the Netanyahu government out when it violated international law. In an

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Paddy Power owner Flutter is planning to move its primary listing to New York in the latest blow to London’s shrinking equity market. If approved by shareholders at an annual meeting in May, Flutter’s transition

Stay informed with free updates Simply sign up to the Financial & markets regulation myFT Digest — delivered directly to your inbox. Have we learnt anything from the great financial crisis of 2008? Or any number of banking crises that came before or since, right up to the collapse of Silicon Valley Bank and others

Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. Three US service members have been killed by a drone attack on a military base carried out by “radical Iran-backed militant groups” near the Syria border, the White House said on Sunday.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was easy to poke fun at crypto back in late 2022. The market had tanked by about two-thirds in the space of a year; many of the industry’s biggest companies and coins had collapsed

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A New York jury has ordered former president Donald Trump to pay $83.3mn for defaming the writer E Jean Carroll after she accused him of sexual assault, the latest courtroom setback for the former US

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak’s allies have claimed that supporters of ex-home secretary Suella Braverman are running an “embarrassing” campaign to bring down the prime minister, at the end of another week of Tory infighting. The claim has

The S&P 500 eked out its fourth consecutive record high close on Wednesday, helped by several big tech names rising to new peaks. The blue-chip index ended 0.1 per cent higher with early gains moderating during afternoon trading. Half a dozen of the index’s biggest companies by market capitalisation closed at record highs. Tech names

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Donald Trump won the US presidential election in 2016 America’s allies around the world reacted with consternation and shock. They will have no such excuse if he wins again in November. His victory in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump will win the New Hampshire Republican primary, the Associated Press projected on Tuesday night, cementing his frontrunner status and raising questions about whether Nikki Haley would end her bid for the White House.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bitcoin has lost 16 per cent of its value over the past two weeks, as some investors use the much-hyped launch of bitcoin exchange traded funds earlier this month to take profits and exit their

United Airlines said it had its “busiest travel period in history” in late December, a highlight in forecast-beating fourth-quarter results that helped send shares higher in after-hours trading. However, the Chicago-based airline warned that the recent grounding of its fleet of Boeing 737 MAX 9 jets would result in a deeper adjusted loss in its

A week ago in Iowa, Ron DeSantis scathingly described how Donald Trump was forcing Republican politicians to “kiss the ring” of the former president in order to earn his praise and avoid public humiliation. But on Sunday afternoon the Florida governor wasted no time in bowing down to Trump, endorsing him as he exited the

Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. The world’s most successful hedge funds made their biggest profits on record last year as punchy bets on stock markets paid off when share prices surged. The top 20 managers made profits for investors of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US corporate bond markets are “on fire” as companies have sold a record $150bn of debt since the start of this month, the busiest opening to the year for more than three decades. Investment-grade groups