Today In The Markets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Chinese rival to Tesla said it was increasing investment and hiring thousands of new staff to survive a “bloody sea” of competition. He Xiaopeng, chief executive of Xpeng, said the Volkswagen-backed company would add

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Santander has boosted its dividend by 50 per cent and unveiled a €1.5bn share buyback as it channels record profits back to investors in a bid to lift its lagging stock price. The Spanish bank,

Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. China reported its smallest annual foreign direct investment since the 1990s last year, as the world’s second-largest economy struggled to recover from the pandemic and investors sought higher yields elsewhere. China’s direct investment

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese ecommerce company JD.com has said it is in the early stages of considering an offer for Currys, setting up a possible bidding war for the UK electronics retailer. JD.com’s interest comes just days after

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The riskiest US corporate bonds have come under fresh pressure this year, setting them apart from a rally across broader debt markets as investors remain fearful about stop-start access to funding and deepening distress for

Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive and longtime ally Alexei Miller: “This is great, I congratulate you on the results of your work.” But the Russian president’s praise, proudly trumpeted on state media, belies the crisis unfolding at a company that is struggling with

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Estonian Prime Minister Kaja Kallas said the west should seize Russia’s frozen assets before the US election, in a further sign of European concern at the impact a second Donald Trump presidency might have

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In May last year I wrote a column recommending that if the government wanted to revive a flagging equity culture among Britain’s private investors, it should consider weaponising the stake it still owns in NatWest

Hanging on the wall in Gary Gensler’s office is a quote from a letter penned by Felix Frankfurter, later a Supreme Court justice, to President Franklin Roosevelt. It is dated 1934, the year the Securities and Exchange Commission was established to regulate markets. It advises the president to appoint administrators “who have stamina and do not

Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. Washington has warned Beijing that the US and its allies will take action if China tries to ease its industrial overcapacity problem by dumping goods on international markets, according to American officials. Two senior Treasury

When Gerry Cardinale left Goldman Sachs in 2012 he underestimated just how hard it would be to launch a successful private equity business without the balance sheet of one of the world’s most prestigious investment banks.  “At Goldman you pushed a button and $20bn would show up. When I started RedBird, I had no relationships

Stay informed with free updates Simply sign up to the Film myFT Digest — delivered directly to your inbox. On a night long on glitz but short on surprises, Christopher Nolan and Oppenheimer proved the biggest winners at the 2024 Bafta Film Awards in London. In a litmus test of industry feeling ahead of next

Stay informed with free updates Simply sign up to the UK property myFT Digest — delivered directly to your inbox. New curbs on short-term property rentals in England will be unveiled by the UK government on Monday, despite warnings from estate agents and tourism chiefs that the move could dent local economies. Michael Gove, Levelling

The FBI is “laser focused” on Chinese efforts to insert malicious software code into computer networks in ways that could disrupt critical US infrastructure, according to the agency’s director Christopher Wray. Wray said he was acutely concerned about “pre-positioning” of malware. He said the US recently disrupted a Chinese hacking network known as Volt Typhoon

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It can often feel as though we are living in a world in which shared truths are becoming impossible — the result, in large part, of social media algorithms that funnel us into bubbles and

Twelve months ago, delegates at the Munich Security Conference radiated optimism about the prospects for Ukraine, as the west vowed to back Kyiv in its war with Russia for “as long as it takes”. This year, with the conflict tilting in Moscow’s favour and faith in western support ebbing away, that optimism has flipped into

Stay informed with free updates Simply sign up to the Cyber Security myFT Digest — delivered directly to your inbox. The FBI is “laser focused” on Chinese efforts to insert malicious software code into computer networks in ways that could disrupt critical US infrastructure, according to the agency’s director Christopher Wray. Wray said he was

Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. The writer recently retired as a US Rear Admiral in naval information warfare and was the former Commander of the Office of Naval Intelligence  Over the past 30 years, America’s information instrument has

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli cabinet has approved a motion rejecting any “international diktats” regarding a permanent settlement with the Palestinians, including the unilateral recognition of a Palestinian state. Sunday’s unanimous vote rejected any steps towards statehood imposed