china economy news
- ECONOMY
Petrobras CEO to leave as Lula prepares to take office in Brazil
Petrobras’s chief executive will leave the Brazilian state-controlled oil and gas producer after only a short tenure, ahead of a…
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Voting draws to a close in Georgia Senate run-off election
The final voters headed to the polls in Georgia on Tuesday afternoon for a runoff election that will determine the…
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Trump Organization convicted of tax fraud in Manhattan trial
Donald Trump’s businesses have been found guilty of tax fraud, in a significant victory for Manhattan prosecutors who pursued the…
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US bank executives wary on global economic outlook
The leaders of some of Wall Street’s biggest banks have issued wary outlooks for the global economy, as consumers spend…
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City minister warns UK regulators to improve transparency
The City minister has warned Britain’s financial services regulators to raise their game ahead of the launch of wide-ranging reforms…
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It is the west’s duty to help Ukraine win this war
Ukraine has survived the onslaught of its brutal foe. It has humiliated the Russian army and regained much lost territory.…
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UK considers precautionary antibiotics for children as Strep A cases rise
Ministers have raised the prospect of UK children being given antibiotics as a precaution if a classmate falls ill with…
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World Cup/CyberAgent: sports betting will determine fortunes of streaming service
In Japan, World Cup matches are keeping people up all night. Early on Tuesday morning, a record number of viewers…
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World Bank warns of mounting debt burden for poorer countries
The world’s poorest countries face three years of soaring debt service costs, draining vital resources from spending on health, education…
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Israel’s NSO bets its future on Netanyahu’s comeback
Pegasus spyware maker NSO Group is betting that the electoral victory of longtime ally Benjamin Netanyahu will restore its fortunes,…
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Indonesia to ban insults against president under new criminal code
Indonesia has legislated to outlaw insults against the president and sex outside marriage as part of an extensive overhaul of…
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Electric car battery prices rise for first time in more than a decade
The price of lithium-ion batteries rose for the first time in more than a decade this year, with surging raw…
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Germany confronts a broken business model
Hives of activity don’t get bigger — and busier — than BASF’s headquarters in Ludwigshafen. The size of a small…
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Political ‘firestorm’ spurs demand for all-in-one employment law services
As employers come under pressure to deliver policy responses to such high-profile issues as Covid-19, racial justice and abortion rights,…
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China’s Communist party strives for unified image at Jiang Zemin funeral
The Chinese Communist party honoured Jiang Zemin with three minutes of nationwide silence and a memorial service broadcast live on…
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EU readies doubling of Ukraine war chest
This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight…
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Edward Hopper’s quiet New York lives again at the Whitney — review
‘Office in a Small City’ (1953) by Edward Hopper © Heirs of Josephine N Hopper/licensed by ARS. Image courtesy Art…
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UK finalises plans for regulation of ‘wild west’ crypto sector
The Treasury is finalising plans for a package of sweeping rules to regulate the cryptocurrency industry, including limits on foreign…
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US rail industry: ESG investors on track with better worker deal
The US has averted a crippling national rail strike by imposing a labour agreement on rail companies and workers. The…
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French Pornhub case shows how hard it is to regulate the internet
The writer, a lawyer at Orrick in Paris, was previously counsel for Twitter UK Within the past few days, Elon…
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Trafigura secures $3bn loan facility to provide Germany with natural gas
Commodity trading house Trafigura has signed a $3bn loan facility partly backstopped by the German government to help supply natural…
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UK to shake up NHS pension plan in effort to stop staff quitting
The UK is seeking to overhaul the NHS retirement scheme in an effort to draw back retired staff and keep…
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Market turmoil threatens to undermine efforts to curb inflation, says BIS
Central banks could be forced to backstop crucial parts of the financial system that are vulnerable to higher interest rates,…
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Glencore to pay DR Congo $180mn to cover corruption claims
Glencore has agreed to pay $180mn to the Democratic Republic of Congo to cover claims arising from alleged acts of…
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Canada to send more warships through Taiwan Strait in signal to China
Canada plans to sail more warships through the Taiwan Strait to affirm the waters claimed by China are international, after…
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Court ruling paves way for sale of Gupta’s Belgian steel plants
Sanjeev Gupta faces losing control of his steel plants in Belgium after the approval of a judicial restructuring of his…
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Job data bad
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to…
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FT Person of the Year: Volodymyr Zelenskyy. ‘I am more responsible than brave’
Nine months into a brutal struggle for national survival against Russian invaders, Volodymyr Zelenskyy looks tired, with dark circles under…
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Cheap loans set to give young Greeks a shot at a home of their own
Katerina Giousi had given up on buying a place to call home. “It was just unthinkable,” the 29-year-old hairdresser, recently…
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Europe cuts gas demand by a quarter in bid to shed reliance on Russia
EU countries cut gas demand by a quarter in November even as temperatures fell, in the latest evidence that the…
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Ruthless England get job done against Senegal
England 3 Senegal 0 Some fans wish England would be more fluent and daring. Imagine the goalscoring records Gareth Southgate’s…
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Home secretary welcomes report calling for crackdown on asylum seekers
Suella Braverman, UK home secretary, has welcomed a report calling for a major crackdown on asylum seekers who come to…
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Iran signals end to morality police responsible for upholding Islamic dress code
Iran is to abolish its morality police that monitors women’s clothing, following long-running protests sparked by the death of a…
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PwC targets rival EY in bid to expand partnership
PwC plans to quadruple the pace of its partner hiring in the US and take advantage of uncertainty at EY…
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Investors bet on interest rate cuts in 2023 despite Fed signals
Investors predict the Federal Reserve will cut rates when faced with a slowing economy next year, betting the US central…
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Meloni pushes back on Italy’s shift into digital payments age
Patricia Flamini’s café does brisk business selling coffee, pastries and sandwiches in the heart of Rome, with prices starting at…
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Politics and Brexit: Fear of the ‘B’ word
This is the final part in the FT series Brexit: the next phase Brexit is the hot topic of the…
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Eleanor Jackson Piel, US civil rights lawyer, 1920-2022
Eleanor Jackson Piel became a lawyer because classmates told her she could not get into law school. “So of course…
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Russia assembles ‘shadow fleet’ of tankers to help blunt oil sanctions
Russia has quietly amassed a fleet of over 100 ageing tankers to help circumvent western restrictions on Russian oil sales…
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Relief rally faces big tests
This is a very special time for those who believe that if you’ve been good all year, a benevolent snowy-haired…
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The humbling of Xi Jinping
For Chinese football fans watching World Cup matches on television, the first sign there was something amiss was when they…
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UK regulator warns insurers over low payouts
The UK’s financial regulator has warned insurers not to undervalue cars and other property when it comes to making payouts…
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Failing public services are not helpless — government must step up
This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight…
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Von der Leyen tempers optimism about Northern Ireland deal
This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight…
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World Cup briefing: Germany beat a hasty exit
Germany crashed out of the World Cup in the group stages — again. It was a humiliating exit for one…
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Scientists erupt in excitement as Mauna Loa roars back to life
Volcanologists could hardly contain their excitement after Mauna Loa in Hawaii, the world’s largest active volcano, reawakened this week after…
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Donald Trump suffers legal defeat over probe into seized Mar-a-Lago documents
Donald Trump is not entitled to have a special master review documents seized from his Mar-a-Lago home by federal investigators,…
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India’s cut-throat aviation sector prepares for consolidation
India’s dog-eat-dog aviation sector is on the cusp of a transformation. After years of cut-throat pricing wars between Indian airlines,…
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Biden says he is ‘prepared’ to speak to Putin about ending Ukraine war
US president Joe Biden said he is “prepared to speak with” his Russian counterpart, Vladimir Putin, about the war in…
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The ECJ’s gift to oligarchs under sanctions
That noise is the clinking of champagne flutes as oligarchs under sanctions celebrate, perhaps in their Mediterranean villas overlooking their…
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