Today In The Markets

Hello and welcome to the final edition this year of the FT Cryptofinance newsletter. This week, we’re looking at the digital coin that bitcoin is threatening to leave behind. We’ll be back on January 13th. One common — and not always unfair — criticism made by crypto enthusiasts is that the wider world conflates bitcoin

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Health officials in Gaza said more than 20,000 Palestinians had been killed during Israel’s offensive against Hamas, as the UN warned that at least a quarter of the besieged enclave’s population faced starvation.  The estimated

Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. The writer is an FT contributing editor and writes the Chartbook newsletter This was a year of dismaying conflict and violence. The war in Ukraine, the risk of a superpower clash in the South China Sea

Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. The writer is deputy secretary of the US Treasury Nearly two years ago, Russia invaded Ukraine, unleashing brutal and unprovoked violence. From the start, the US has unequivocally supported Ukraine and its people, through

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The Biden administration will blacklist foreign financial institutions that support Russia’s military industrial complex as part of Washington’s efforts to starve Moscow’s war machine. An executive order to be issued on Friday will enable

The head of France’s far-right Rassemblement National party has said its brand of nationalist anti-immigration politics was winning the battle of ideas in the country and would also prevail in European parliament elections next year. Jordan Bardella, Marine Le Pen’s right-hand man who will lead the RN list in the June vote, described President Emmanuel

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut swung to a loss last year as increased costs offset a windfall from higher interest rates, according to delayed annual accounts from the fintech group on Friday. The results came as the group’s auditor

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy shrank slightly in the third quarter, according to revised figures that highlight the country’s struggle to shake off its low-growth performance. The Office for National Statistics said on Friday that gross domestic

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s five biggest state-run banks cut deposit rates on Friday as Beijing strengthened efforts to protect lenders’ profitability and provide a buffer against further economic headwinds amid flagging growth. Chinese banks including the Industrial and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a science commentator The October email might as well have asked if I would like to continue breathing. Would I consider representing my alma mater, it inquired, on Christmas University Challenge, a

Stay informed with free updates Simply sign up to the Social affairs myFT Digest — delivered directly to your inbox. The holiday season is a time to reflect on some important questions. How did the year go? Which gifts should you buy? What are the chances that over the next decade we’ll be wiped out

When Joe Biden broached the conflict in Gaza at a fundraiser in Washington earlier this month, his audience would not have immediately sensed anything out of the ordinary.  The US president made a point of telling the Democratic donors gathered at the luxurious Salamander hotel on December 12 that America’s commitment to Israel was “unshakeable”.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US law firm Paul Weiss has signed the largest commercial office lease in the country this year, according to its new landlord, taking more than 18 floors of a Midtown Manhattan skyscraper in a move

Running Hong Kong’s stock exchange was never going to be an easy job for Nicolas Aguzin, but some who worked with the former star JPMorgan banker say the task was not helped by some of his more unconventional ideas. Months after joining Hong Kong Exchanges and Clearing as chief executive in May 2021, Aguzin proposed

Nike warned of a softer revenue outlook in its second half and that it planned to cut $2bn in costs over the next three years, ultimately sending its shares more than 7 per cent lower in after-hours trading. The athletic apparel group said Thursday that areas of potential savings included simplifying its product mix, increasing

Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. Joe Biden has thrown his support behind investigating Nippon Steel’s purchase of US Steel on national security grounds, despite Japan’s status as one of Washington’s closest allies. Nippon’s proposed $14.9bn acquisition of the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt has raised the prospect of the Bank of England reducing interest rates in 2024, saying a cut would be a crucial moment in shifting the economic mood in what is expected to be

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A striking story is bubbling away in the private capital world about Chinese tech company ByteDance, owner of the short-form video platform TikTok.  This is not (just) about accusations that TikTok’s user community has a