News

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkey has accused Israel of spying on its territory and plotting attacks on Palestinians living there as relations between the two countries worsen over the conflict in Gaza. Turkish intelligence agents and police carried out

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s central bank governor has urged Prime Minister Benjamin Netanyahu to rapidly curb public spending, warning that markets could react badly if his government failed to act over the Shk210bn ($58bn) cost of the war

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine on Sunday issued nationwide air raid alerts after several people were killed and dozens injured by Russian attacks in the eastern region of Kharkiv, two days after Moscow’s deadliest strikes on Ukrainian cities

Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. China has appointed a former navy chief as its new defence minister, four months after his predecessor disappeared from public view. Dong Jun, 62, replaces Li Shangfu, who was officially removed as defence

Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Sign up here to get it sent straight

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How much is a bond worth? In 2023, investors learned that it depended on what you intended to do with it.  Think, for instance, of the US regional banking crisis that kicked off with the

The influence of China’s once-powerful central bank has diminished as Beijing steps up a drive to centralise Communist party control over financial regulation. Some of the powers formerly held by the People’s Bank of China have been taken over by a party oversight body and a revamped financial regulator as Beijing resets its growth model.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s Prime Minister Benjamin Netanyahu has vowed to fight on in the war against Hamas, despite a mounting death toll and growing international calls to alleviate the humanitarian suffering in the Palestinian enclave and halt

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. The measure of inflation preferred by US rate setters fell by more than expected in November, bolstering investor expectations of rate cuts next year. The core personal consumption expenditures price index showed prices rose by

Shareholders in Gildan Activewear, one of the world’s largest clothing makers, have demanded the reinstatement of its chief executive and called for the resignation of the American Apparel owner’s chair. Toronto-based Turtle Creek Asset Management, which has a 3.2 per cent stake in Gildan, said the December 11 dismissal of Glenn Chamandy created “significant risks,

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation slowed much more sharply than expected in November to 3.9 per cent, down from 4.6 per cent in October, according to official data that will add to pressure on the Bank of England

BlackRock on Monday was sued by the US state of Tennessee, which accused the $9.1tn New York-based asset manager of violating consumer protection laws by misusing environmental, social and governance factors in its investment strategy. The lawsuit filed by state attorney-general Jonathan Skrmetti alleged that BlackRock had been inconsistent in stating whether it focused exclusively

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple will stop selling its smartwatches through the company’s own US stores before Christmas after losing a patent infringement case, dealing it a blow during the holiday sales season. The iPhone maker said it would

Joe Biden’s upbeat forecasts for the US economy have been validated by the Federal Reserve’s signal that it will consider interest rate cuts next year, delivering respite to American households through lower borrowing costs after two years of high inflation. For months, Biden administration officials have been betting on a “soft landing” — one in

Chinese spies had run a far-right Belgian politician as an intelligence asset for more than three years in a case that shows how Beijing has conducted influence operations in an effort to shape politics in its favour. Daniel Woo, an officer in China’s Ministry of State Security spy agency, pushed Frank Creyelman, a former Belgian

Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. Global stocks climbed towards multiyear highs while bond yields tumbled on Thursday as traders raised their bets that central banks would begin an aggressive round of rate cuts next year. The sharp moves came after

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors and currency speculators have boosted bets on the pound as expectations grow that the Bank of England will be slower than other central banks to cut interest rates.  As markets brace for central banks’

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation edged lower to 3.1 per cent for November, bolstering arguments by Federal Reserve officials that interest rates should remain at current levels during the spring. The headline consumer price index figure fell marginally

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel and Hamas are bitter enemies. But they also agree on some things. Neither the government of Israel nor Hamas has any real interest in a “two-state solution” to the Israel-Palestine conflict. And neither side

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s state health insurance system has lost tens of millions of subscribers, as higher costs have put one of the world’s largest healthcare schemes out of reach for many people already struggling in a post-pandemic