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Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Officials from some of China’s most indebted provinces and cities have met leading state bankers in Beijing in recent days as they step up efforts to renegotiate debt payments on billions of dollars in liabilities

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden has accused Israeli Prime Minister Benjamin Netanyahu of “hurting Israel” through his administration’s treatment of Palestinians, but added the US would not set a “red line” limiting his actions against Hamas. The US

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Department of Justice is investigating the mid-air door panel blowout that terrified passengers of an Alaska Airlines flight two months ago. The airline said that “In an event like this, it’s normal for

The US has widened its productivity lead over Europe, sparking fears in the EU that it faces a “competitiveness crisis” as policymakers call for greater public and private investment. New data released on Friday showed eurozone productivity fell 1.2 per cent in the fourth quarter from a year earlier, while in the US it rose

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Victor Jacobsson, the reclusive co-founder at the heart of Klarna’s boardroom conflict, has bought up a stake in the company via special purpose vehicles to become one of its largest shareholders ahead of an expected

Stay informed with free updates Simply sign up to the Retail & Consumer industry myFT Digest — delivered directly to your inbox. Stuart Devine thought his chain of fish and chip restaurants in Aberdeen had survived the worst when the UK government lifted Covid-19 lockdowns for good in spring 2021 and customers returned to enjoy

In most countries, the cancellation of a press conference would barely warrant a murmur. But the sudden announcement this week that China’s premier would no longer hold a customary media briefing at the annual gathering of the country’s rubber-stamp parliament has captivated political watchers of the week-long session, which ends on Monday. The press conference

As stock markets in the US surge, many increasingly cautious local private investors are turning to options and derivatives to protect against changing sentiment. There has been an explosion in funds in the US that use options in one form or another to act as a hedge, be that through so-called covered call writing, or

A mysterious Iranian vessel in the Gulf of Aden faces intensifying scrutiny among maritime experts concerned that the ship is helping Houthi rebels target commercial sea traffic. The Behshad, which outwardly looks like a standard dry bulk carrier, moved to the Gulf of Aden in January after years in the Red Sea, just as attacks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hands resting lightly on the lectern, Sir Paul Marshall laid in to the three enemies of the free market, what he called the “mutant siblings” of capitalism: the “cronies” colluding at Davos, monopolies and “woke”

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, an FT contributing editor, is chief executive of the Royal Society of Arts and former chief economist at the Bank of England Serious times call for serious measures. This week, UK chancellor Jeremy Hunt

Wu Qing, the new head of the China Securities Regulatory Commission, had been in the job for less than a month when he took to the stage for a high-profile press conference in Beijing on Wednesday. By the end of his first answer, the “broker butcher” — as he came to be known during a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Pentagon has said it would take up to 60 days and “over 1,000 forces” to build a floating pier and causeway off the coast of Gaza to deliver humanitarian aid into the besieged territory.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Altman will return to the board of OpenAI after a review into the events that lead to his dramatic ousting from the ChatGPT maker found no evidence that he should have been sacked. Altman

Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. Top central bankers in Europe and the US have moved closer to declaring victory over the biggest inflation surge for a generation, with new data giving policymakers confidence they can cut rates by the summer.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Experience tells me that if you like having arguments with fund managers, or just generally annoying people, one really good way to do that is to initiate a conversation about passive investing. Asset managers tend

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s Conservative and Labour parties ended the week scrambling to quell confusion over their tax policies in the wake of Wednesday’s Budget. Tory ministers were accused of creating a muddle over chancellor Jeremy Hunt’s ambition

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A top civil servant on the board of UK Research and Innovation helped science secretary Michelle Donelan draft false allegations of extremism against two advisers to the funding body, sparking claims of a conflict of

After a difficult year marked by two bitter strikes, the 96th Academy Awards will give Hollywood a chance to project an image of itself exactly the way it wants to be seen.  This year’s nominees include critically acclaimed blockbusters (Oppenheimer and Barbie), edgy fare (Poor Things), auteur turns (Killers of the Flower Moon, The Zone

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has posted a $91.6mn bond to forestall collection of a $83.3mn civil judgment for defaming writer E Jean Carroll, as the former US president races to cover the costly legal judgments that have

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sterling is the only major developed world currency to strengthen against the dollar this year, driven by a stronger than expected UK economy and growing hopes of imminent US interest rate cuts. The pound climbed