Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. The US has taken “major steps” to stabilise relations with China, Treasury secretary Janet Yellen said as she ended her six-day visit designed to ease tensions with the US’s main economic rival. During her trip
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Simon Kuznets, the Nobel laureate known for his work on standardising the measurement of gross national product, used to group economies into four broad categories: under-developed, developed, Argentina and Japan. From the 1960s, Japan’s extraordinary growth appeared so unique to Kuznets that it warranted its own category. But, starting in the late 1990s, Japan became
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chair of Rockefeller International Having covered Indian elections since the 1990s, I have never seen a contest more predictable than the one beginning later this month. The only point still in debate
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Wirecard shareholders are suing EY Germany over alleged asset stripping as they fear a complex organisational revamp at the Big Four firm will make it harder if not impossible to enforce damage claims over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The next phase of the UK Post Office Horizon public inquiry will resume this week, marking the penultimate chapter of an independent probe into one of the country’s biggest miscarriages of justice. The inquiry was
Israel says it has withdrawn its troops from Khan Younis in southern Gaza in order to prepare for operations in Rafah, Hamas’s last stronghold, despite US warnings that a big ground offensive on the town would be a mistake. “Our forces left the area in order to prepare for their future missions, including their mission
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Joe Biden will warn China about its increasingly aggressive activity in the South China Sea this week during summits with Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. Two senior US
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel says it has withdrawn its troops from Khan Younis in southern Gaza in order to prepare for operations in Rafah, Hamas’s last stronghold, despite US warnings that a big ground offensive on the town
Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, with a slowdown in price growth easing pressure on millions of households hit by the two-year surge in food costs. The annual change in consumer food prices across 38 industrialised countries eased to 5.3 per cent in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brazil’s attorney-general has demanded “urgent regulation” of social media sites after Elon Musk threatened to disobey a court order banning certain profiles on his X platform and then called for a Supreme Court justice to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ecuador is facing a tide of condemnation over a late-night raid on the Mexican embassy in its capital Quito that saw the capture of the Andean nation’s former vice-president and triggered a diplomatic crisis between
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain will not offer “carte blanche” approval to Israel, which has made “big mistakes” in Gaza, but the nation is prosecuting a legitimate war and being held to higher standards than Hamas, the UK deputy
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. Wall Street banks have warned that their next wave of hiring in France may be stunted without restrictions on dismissal costs for highly paid traders, a flagship measure that has been left out of a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden’s ban on new US natural gas exports has become “critical” to Pennsylvania, the state’s governor said, as he urged the president to reverse the policy or risk losing votes in a crucial 2024
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Peter Pellegrini has been elected president of Slovakia, consolidating the grip of the ruling coalition led by Robert Fico and tilting the country further towards Russia. Pellegrini defeated former foreign minister Ivan Korčok by winning
The Russian air force is stepping up its use of Soviet-era weapons that have been retrofitted for 21st-century warfare and are pounding Ukrainian forces, pulverising towns and giving Moscow an advantage on the battlefield. “The experience of the past months and weeks shows that the enemy has significantly increased aircraft activity, using guided air bombs
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This year is starting to have something of a 2021-ish vibe to it. Bitcoin is booming, an old American man looks likely to hand leadership of the free world to another old American man, Elon
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Paul Weightman is no stranger to high-profile corporate scraps. The 62-year-old Australian, whose audacious poaching of more than 20 senior executives from asset manager Barings last month has already sparked litigation, spent 20 years running
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Flutter has backtracked on a plan to replace long-standing auditor KPMG with Deloitte after the gambling group’s decision to list its shares in New York freed it from independence rules that would have required it
The next UK government must boost investment in skills training to accommodate a looming increase of 150,000 more students seeking higher education by 2030 in England, educational experts have warned. In a report to be published this week The Association of Colleges, which represents technical colleges, will argue that extra demand caused by a short-term
Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Top executives at China’s biggest brokerages have seen their pay slashed in the past two years against a backdrop of struggling financial markets and Beijing’s efforts to reduce inequality, according to disclosures. The