ECONOMY
-
Soaring steel prices hit South Korean shipbuilders’ turnround hopes
Higher steel prices are set to delay South Korean shipbuilders’ return to profitability, despite surging orders and rising prices for…
Read More » -
Airbnb gives up on China as it shifts focus to outbound travel
Airbnb will close its domestic business in China this year, removing all listings by the summer and retreating after a…
Read More » -
Five of Singapore’s best places for brunch with a difference
This article is part of a new collaboration between FT Globetrotter and Nikkei Asia. FT Globetrotter will showcase the best…
Read More » -
UK withdrawal from Afghanistan was a ‘disaster’ and ‘betrayal’
The UK’s withdrawal from Afghanistan was a “disaster” and “betrayal” of its partners in the country caused by systemic failures…
Read More » -
Erdoğan says he no longer recognises Greece’s leader
Recep Tayyip Erdoğan said he no longer recognised the existence of the leader of neighbouring Greece and would not meet…
Read More » -
Live news: Zoom shares jump after raising full year outlook
Zoom said it was still benefiting from the hybrid work trend © Getty Images Shares in Zoom Video Communications leapt…
Read More » -
Europe must put more pressure on Russian oil exports
The writer is a senior research scholar at the Center on Global Energy Policy, Columbia University In 1951, six European…
Read More » -
FirstFT: Biden pledges to defend Taiwan militarily if China invades
Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas…
Read More » -
Five stars for Aftersun at Cannes — a subtle summer marvel
The effects of Covid can still be felt at this year’s Cannes Film Festival. It’s not evident in the spaces…
Read More » -
Starbucks to exit Russia over invasion of Ukraine
Starbucks has become the latest consumer brand to pull out of Russia as the wider exodus of multinational companies from…
Read More » -
Former São Paulo governor withdraws from Brazil election race
The former governor of São Paulo has pulled out of Brazil’s presidential race, in another blow to the shrinking political…
Read More » -
Chelsea Football Club sale set for approval after Abramovich meets ‘red lines’
Roman Abramovich’s £4.25bn sale of Chelsea Football Club to a consortium spearheaded by US financier Todd Boehly is expected to…
Read More » -
Energy shock shows need to rethink green transition, Aramco chief says
The energy shock sparked by the war in Ukraine has shown the need to overhaul green energy transition plans and…
Read More » -
Clifford Chance raises pay for newly qualified lawyers to £125,000 a year
Clifford Chance has raised pay for newly qualified UK-based lawyers to £125,000 in the latest escalation of a fierce pay…
Read More » -
Partygate photos prompt renewed criticism of Boris Johnson
Prime Minister Boris Johnson on Monday came under renewed criticism following the publication of photographs reportedly showing him drinking with…
Read More » -
Banks and funds stash record $2tn overnight at Fed facility
Money market funds and banks parked a record $2.04tn at the Federal Reserve on Monday, underscoring the demand for safe-haven…
Read More » -
‘Ashamed’ Russian diplomat resigns over war in Ukraine
A passport photo of diplomat Boris Bondarev, who wrote: ‘I simply cannot any longer share in this bloody, witless and…
Read More » -
Putin ally gives evidence against former Ukrainian president
Kyiv has released a video in which Vladimir Putin’s top ally in Ukraine accuses the country’s former president Petro Poroshenko…
Read More » -
Australia is set to become less of an outlier on climate
As incoming prime ministers from opposition parties tend to do, Anthony Albanese declared that Australians had “voted for change”. In…
Read More » -
Deglobalisation tops the agenda for world leaders
This article is an onsite version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight…
Read More » -
British lawyers plan further protest over legal aid
Criminal solicitors in London will refuse to take on low-paid cases this week in protest over the government’s legal aid…
Read More » -
The Irish language is having a moment in the sun
History was made at Stormont on May 13. In the imposing white edifice built to house what Northern Ireland’s first…
Read More » -
Rape allegations against French minister overshadow Macron’s new government
Emmanuel Macron’s government has stood by a newly appointed minister accused by two women of sexual violence, saying it was…
Read More » -
Lessons for the Ukrainian refugee crisis from Syria
The writer is founder and CEO of Seenaryo, an NGO working with refugees For Syrians, Vladimir Putin’s tactics in Ukraine…
Read More » -
Gene editing enables tomatoes to make ‘sunshine vitamin’
Scientists in the UK have successfully created tomatoes that make large amounts of vitamin D in their leaves and fruit…
Read More » -
Zelensky calls for global plan to rebuild Ukraine after war
Volodymyr Zelensky has urged the international community to help fund Ukraine’s reconstruction after the war and use frozen Russian assets…
Read More » -
Lies weaken Russia in its trial of strength with the west
Vladimir Putin has a name for the west. He calls it the “empire of lies”. The Russian leader’s announcement of…
Read More » -
Didi investors to vote on US delisting in bid to revive China business
Shareholders of ride-hailing group Didi Chuxing will on Monday vote on delisting from the New York Stock Exchange, in a…
Read More » -
Time trickles away for a success at the WTO
This article is an on-site version of our Trade Secrets newsletter. Sign up here to get the newsletter sent straight…
Read More » -
The Norfolk Lourdes: England’s lost Holy Land
Somewhere in an English village — amid the cul-de-sacs and pubs, vegetable patches and garden gnomes, the GP’s surgery and…
Read More » -
Russian shipping group sells sixth of fleet to repay debts
Russia’s biggest shipping group Sovcomflot and its western lenders have sold a sixth of its Kremlin-owned fleet as part of…
Read More » -
Pfizer to seek US emergency approval of Covid vaccine for under 5s
Pfizer has said it will seek emergency authorisation in the US for its Covid-19 vaccine for children under the age…
Read More » -
7 things to watch at Davos
This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight…
Read More » -
How war in Ukraine convinced Germany to rebuild its army
Three days after Russia invaded Ukraine, the German government said it would spend €100bn on modernising its army, the Bundeswehr.…
Read More » -
Escape from Davos
This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight…
Read More » -
Iran vows revenge after assassination of commander in broad daylight
Iran’s president Ebrahim Raisi has vowed to take revenge on those responsible for the assassination in broad daylight of a…
Read More » -
Watch what consumers do, not what they say
Ajay Rajadhyaksha is global chair of research at Barclays. Here he argues that markets are fretting too much about consumer-led…
Read More » -
‘A bonfire of the decencies’: Peter Hennessy on Boris Johnson’s government
British politics lurches so wildly that it’s hard to remember what happened a few weeks ago, let alone a few…
Read More » -
Eurozone to end negative interest rates within months, Lagarde indicates
The European Central Bank is on track to lift its main policy rate back to zero by the end of…
Read More » -
How shadow banks threaten the global economy
The writer is chair of Rockefeller International As the US Federal Reserve raises interest rates, debate rages over whether this…
Read More » -
David Canzini: Boris Johnson’s influential aide divides Downing Street
This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight…
Read More » -
Large institutions wade into the bond ETF space
Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison…
Read More » -
EU states braced for extra cash demands from Brussels
EU member states are braced for demands of extra money from Brussels as the EU budget comes under significant strain…
Read More » -
Nations in need seek more help on ‘green deal’ loans
For developing countries, the challenge of raising finance to meet the costs of climate change looks impossibly daunting. Rich countries…
Read More » -
Joe Biden to launch trade agreement with 12 Asian nations
Joe Biden is poised to launch a trade initiative with 12 Indo-Pacific countries, in his first serious effort to boost…
Read More » -
Joe Biden pledges to defend Taiwan militarily if China were to invade
US president Joe Biden has pledged to defend Taiwan militarily if China were to invade in remarks made during his…
Read More » -
Overdue reality check for Fed and markets has barely begun
The writer is chief investment officer at Franklin Templeton Fixed Income The US Federal Reserve and financial markets are experiencing…
Read More » -
EU aims to unify capital markets with live trading databases
European policymakers are renewing their push for real-time databases of stock and bond trading information, in a bid to rejuvenate…
Read More » -
What a bear market means
Good morning. Ethan here. London was kind to Rob, until it wasn’t. He caught something nasty on the way home,…
Read More » -
Why seizing and selling Russian assets is dogged by legal issues
This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight…
Read More »
