Monday: The standing committee of China’s National People’s Congress begins. They are expected to approve a fiscal spending package for Beijing’s stimulus programme. Malaysia’s Prime Minister Anwar Ibrahim and the President of Pakistan Asif Ali Zardari visit China. Indonesia and Russia hold their first joint naval drills. Tuesday: The China International Import Expo begins in Shanghai. Australia’s
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Chinese authorities are demanding wealthy individuals and companies double-check their taxes for unpaid liabilities in a move that threatens to further dent investor confidence in the world’s second-largest economy. Tax officials in recent months have asked wealthy individuals and companies to carry out “self-inspections” of their tax payments and cough up any deficiencies, as local
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia and other members of Opec+ have delayed a plan to begin raising oil production until the end of the year, as the group tries to revive crude prices that have continued to flag
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Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Besides the spectacle of a UN secretary-general obsequiously paying respect to a Russian president indicted for abducting children, last month’s Brics summit in Kazan featured the more technical, but geopolitically more consequential, push “to make
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In July’s UK election the Conservatives suffered, in their terms, a wipeout. Their 121 seats on 24 per cent of the vote were their worst results since the party was formally established in the 1830s.
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Stay informed with free updates Simply sign up to the Travel & leisure industry myFT Digest — delivered directly to your inbox. The world’s biggest cruise groups are pouring money into private destinations for their customers as booming demand rubs up against a backlash against overtourism in many popular spots. The biggest operator, Carnival, is
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Out of the blue earlier this year, a man I have known for years sent me an email introduction to one of his work contacts that was such a striking example of the genre that
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During a year of simmering conflict, Lubnan Baalbaki watched as his ancestral village came under repeated fire, caught up in the fighting between Israel and the Lebanese militant group Hizbollah. Baalbaki, the conductor of Lebanon’s philharmonic orchestra and the son of a prominent Lebanese artist, had hoped his family’s museum — a rare cultural centre
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