Today In The Markets

Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. The US and China resumed high-level military contacts that have been suspended since a bitter falling out over Taiwan in 2022, with the Pentagon’s top officer on Thursday holding his first call with his counterpart

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French President Emmanuel Macron has defended actor Gérard Depardieu, who faces multiple allegations of sexual assault and one of rape, saying calls for him to be stripped of his Legion of Honour medal amounted to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan plans to ease weapons exports curbs to allow several dozen domestically-produced Patriot air defence missiles to be shipped to the US, a move that will help Washington step up critical supplies to Ukraine. Tokyo

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The west is toying with the idea of letting Vladimir Putin have Ukraine. Newly committed western aid to the country dropped nearly 90 per cent from a year earlier, even before the US and EU

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Football’s governing bodies have lost a landmark court case that threatens their hold over the sport in Europe, potentially opening a path for the biggest clubs to form new breakaway competitions. The EU’s top court

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK public sector borrowing fell to £14.3bn in November, as lower spending on government energy support schemes offset a higher bill for benefits. According to data published by the Office for National Statistics on Thursday,

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. This is the last edition of Unhedged for 2023. We will have more to say about both the year that is ending and the year to come in January,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sales of office buildings at La Défense on the outskirts of Paris have collapsed this year as the property downturn hits a business district conceived by the late French president Charles de Gaulle to rival

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. A war between Israel and Hamas is now spreading to the Red Sea. Following attacks by Yemeni rebels linked to Iran, the world’s biggest shipping companies and oil producers are halting vessels sailing

A global rally in government debt has already driven yields past many Wall Street targets for the end of 2024, highlighting how recent market moves have taken analysts by surprise. When banks began sending out their annual forecasts to clients a month ago, they were broadly united in the view that government bonds would rally

Shareholders in Gildan Activewear, one of the world’s largest clothing makers, have demanded the reinstatement of its chief executive and called for the resignation of the American Apparel owner’s chair. Toronto-based Turtle Creek Asset Management, which has a 3.2 per cent stake in Gildan, said the December 11 dismissal of Glenn Chamandy created “significant risks,

House sellers in Beijing are cutting prices aggressively, according to brokers, despite official statistics that show the housing market in the Chinese capital remains buoyant. Interviews with more than two dozen real estate brokers across the capital, long one of China’s most desirable real estate markets, show transaction prices have fallen between 10 and 30

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The frayed end of 2023, with decoupling still an active force and geopolitics in ragged shape, is an odd time for any politician to suggest — even indirectly — that their nation does not trust

Narendra Modi’s official residence in New Delhi is on what used to be called Race Course Road. In 2016, it changed to Lok Kalyan Marg or “People’s Welfare Street”, a name more in keeping for a twice-elected leader with populist leanings and a flair for discarding the trappings of India’s colonial past. Past a cordon

Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Warner Bros Discovery and Paramount Global are in early talks to merge, in a media deal that would combine the owner of HBO and CNN with the studio behind the Mission Impossible films and CBS News. 

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK public sector workers should not expect their wages to rise next year at the pace seen in 2023, ministers warned on Wednesday, prompting a backlash from unions who had called for reform of the

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. After a flat-footed response to the inflationary upsurge in 2021, the Bank of England is heading into the new year facing a barrage of complaints that it is proving too slow to recognise the marked

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s public television news channel halted broadcasting on Wednesday as the country’s new pro-EU administration asserted control over state media, which it said had become a mouthpiece of the rightwing former government. The abrupt shutdown