Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • China stops buying liquefied gas from US
    • Trump ratchets up pressure on Fed chair Powell to cut rates
    • Harvard balks at Trump administration’s demand for foreign students’ data
    • Yuval Noah Harari: Trump’s world of rival fortresses
    • Non-doms quit London private members’ clubs to avoid UK tax links
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
    Most Read
    • Non-doms quit London private members’ clubs to avoid UK tax links
    • The problem with wealth taxes
    • Number of UK consumers streaming sports illegally has gone ‘through the roof’, police say
    • Asda fires opening salvo as UK supermarket price war looms
    • UK bans EVs from some military bases over Chinese spy fears
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • China stops buying liquefied gas from US
    • Is there life after banking?
    • Trading in two stocks surged before Trump family appointments announced
    • Number of UK consumers streaming sports illegally has gone ‘through the roof’, police say
    • Astronomers claim strongest evidence yet of extraterrestrial life
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • Nvidia chief Jensen Huang flies to Beijing for talks
    • OpenAI’s mind-boggling growth masks challenges
    • UK bans EVs from some military bases over Chinese spy fears
    • Google ‘wilfully’ monopolised online advertising market, US judge rules
    • Tech industry fears Trump’s trade war will hamper US AI ‘dominance’
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • China stops buying liquefied gas from US
    • Trading in two stocks surged before Trump family appointments announced
    • Is the world losing faith in the almighty US dollar?
    • Few US CEOs bought the dip as tariffs rattled markets
    • US rare earth champion faces trade war test after tariffs halt China sales
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Yuval Noah Harari: Trump’s world of rival fortresses
    • Americans, it’s time to move to Europe
    • Tariffs ignore the reality of global tech supply chains
    • OpenAI’s mind-boggling growth masks challenges
    • Donald Trump’s gift to globalisation
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • Few US CEOs bought the dip as tariffs rattled markets
    • Three ideas to energise British tech
    • A food tour of the Jersey Shore with Hailee Catalano, the internet’s favourite cooking teacher
    • Bonuses surge for top traders at EU investment firms after cap is lifted
    • Are your team ‘playing you’?
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
    Most Read
    • Is there life after banking?
    • Americans, it’s time to move to Europe
    • Is there such a thing as a British video game?
    • ‘A reliable, old-school Italian’ — Jay Rayner reviews Da Mario, Kensington
    • The World of the Cold War — timely reading in an age of US, Russia and China tensions
  • HTSI
  1. Markets
  • Alphaville
  • Markets Data
  • Crypto
  • Capital Markets
  • Commodities
  • Currencies
  • Equities
  • Monetary Policy Radar
  • Wealth Management
  • Moral Money
  • ETF Hub
  • Fund Management
  • Trading
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Markets

  • Thursday, 17 April, 2025
    European banks
    Santander deposes UBS as continental Europe’s most valuable bank

    Swiss lender’s market capitalisation has been hit harder by US tariffs than Spanish rival

    A sign in the window of a UBS Group AG bank branch in Geneva
  • Thursday, 17 April, 2025
    Mining
    BHP says global economy depends on China boosting consumption

    World’s biggest miner says tariff impact ‘limited’ so far

    A worker at BHP's Escondida copper mine in Antofagasta, Chile, stands inside a copper cathodes plant with large metal sheets suspended from machinery and the worker wearing protective gear, including a helmet and mask
  • Wednesday, 16 April, 2025
    DeepSeek
    US House panel probes whether DeepSeek used restricted Nvidia chips

    Lawmakers say the Chinese AI group is a ‘profound threat’ to national security

    DeepSeek logo on a mobile phone
  • Wednesday, 16 April, 2025
    US foreign policy
    US places sanctions on Chinese refinery over Iran oil purchases

    Trump administration accuses Shandong Shengxing Chemical of buying crude as it increases pressure on Beijing and Tehran

    A gas flare on an oil production platform is seen alongside an Iranian flag
  • Wednesday, 16 April, 2025
    US equities
    Tech stocks sink after Nvidia reveals hit from US curbs on sales to China

    Chipmaker leads declines as Wall Street sell-off reignites

    Trader holds head in hands on stock exchange floor
  • Wednesday, 16 April, 2025
    LexIndustrial metals
    A mini-gold rush brews three miles below sea level Premium content

    Whether deep-sea mining will transform the US’s geopolitical fortunes is unclear

    Greenpeace activists hold a yellow banner reading "STOP DEEP SEA MINING" while sitting in kayaks on the ocean
  • Wednesday, 16 April, 2025
    Moral Money
    Trump’s ‘reciprocal’ tariffs would be debilitating for poor nations, UN trade body warns Premium content

    Also in today’s newsletter, being a member of the Net-Zero Banking Alliance just got a heck of a lot easier

    A woman stands inside a bustling factory in the Thetsane Industrial Area, Maseru, Lesotho. Workers are busy sewing jeans, surrounded by piles of denim and sewing machines.
  • Wednesday, 16 April, 2025
    UnhedgedAiden Reiter
    Emerging markets’ unexpected outperformance after “liberation day” Premium content

    It may not last forever

    A montage showing stars from the Chinese and US flags and US dollars
  • Wednesday, 16 April, 2025
    Markets InsightMichael Stott
    Milei has learned to love the peso. Will Argentina follow him?

    The success of the IMF’s latest bailout depends on weaning the country off its addiction to the dollar

    Argentina’s President Javier Milei announces the new agreement with the IMF in Buenos Aires
  • Wednesday, 16 April, 2025
    Leveraged loans
    Trade war fears put loan vehicles under pressure to sell riskiest debt

    Tariff-induced economic uncertainty prompts worries over potential defaults and downgrades

    A financial trader speaks on a fixed line telephone while monitoring data on computer screens on the trading floor inside the Amsterdam Stock Exchang
  • Wednesday, 16 April, 2025
    TotalEnergies
    How oil major TotalEnergies avoided a green energy U-turn

    French group maintains pledge to expand oil, gas and green businesses while BP and Shell rein in electricity ambitions

    TotalEnergies logo
  • Wednesday, 16 April, 2025
    Trump tariffs
    Trump threatens to hit critical minerals with tariffs

    US president could escalate trade conflict with Beijing by launching probe into supplies

    Donald Trump
  • Tuesday, 15 April, 2025
    IPOs
    Design software maker Figma files for Wall Street IPO

    Float will test demand for tech listings as US tariffs rock markets

    The Wall Street entrance to the New York Stock Exchange
  • Tuesday, 15 April, 2025
    High yield bonds
    Venture Global debt deal wakes US junk bond market from tariff slumber

    Upsized offering from energy group ends two-week high-yield bond drought triggered by Trump trade war

    Bob Pender, Executive Co-Chairman & Co-Founder of Venture Global LNG, (L) and Mike Sabel, Co-Founder & CEO of Venture Global LNG
  • Tuesday, 15 April, 2025
    Barrick Gold Corp
    Mali threatens to seize Barrick Gold’s assets, company says

    Mining group also says ruling military junta has shut its office in Bamako

    A small toy figure and gold imitation in front of the Barrick logo
  • Tuesday, 15 April, 2025
    Unhedged Podcast20 min listen
    Will China back down?

    Beijing may have more leverage than President Donald Trump thought

  • Tuesday, 15 April, 2025
    The FT ViewThe editorial board
    The UK government needs a proper plan for steel

    The future is not in the Scunthorpe blast furnaces that ministers have rescued

    The British Steel Scunthorpe Site
  • Tuesday, 15 April, 2025
    Blackstone Group LP
    Blackstone joins Vanguard to expand into individuals’ portfolios

    Big asset managers seek to bolster private offerings

    Blackstone headquarters
  • Tuesday, 15 April, 2025
    Grant Thornton UK LLP
    Grant Thornton UK partners paid £682,000 as Cinven completes buyout

    Mid-tier firm MHA floats on London’s Aim as shake-up of sector gathers steam

    The Grant Thornton logo on the exterior wall near the main entrance of the firm’s headquarters in Dublin. A person in a hooded jacket is walking by in the foreground.
  • Tuesday, 15 April, 2025
    LexUS economy
    Wall Street isn’t pricing in recession risk Premium content

    There can be a large lag between the economy weakening and confirmation of an R-word event catching up

    A US flag flying near the New York Stock Exchange
  • Tuesday, 15 April, 2025
    Currencies
    Dollar bearishness reaches highest level since 2006, says survey

    Investors expect greenback to depreciate over next 12 months, according to BofA research

    US dollar banknotes
  • Tuesday, 15 April, 2025
    Oil
    Growth in oil demand expected to slow sharply as a result of US tariffs

    International Energy Agency says situation is ‘fluid and substantial risks remain’

    A network of large oil pipelines stretches across an industrial area at an oil refinery and terminal in Saudi Arabia
  • Tuesday, 15 April, 2025
    Corporate bonds
    Off-the-run credit liquidity is the worst since March 2020

    But fresh credit remains weirdly healthy

  • Tuesday, 15 April, 2025
    Energy Source
    Canadian oil producers see opportunity in Donald Trump’s trade war Premium content

    US tariffs on its northern neighbour have renewed calls for pipelines and fast-tracking oil and gas projects

    An oil pumpjack in a field near Kindersley, Saskatchewan, Canada
  • Tuesday, 15 April, 2025
    UnhedgedSujeet Indap
    A Chips Act cautionary tale Premium content

    Wolfspeed has stepped into a trap

    A photo of the head of a wolf
Previous page You are on page 2 Next page

Recommended

Sign up to Robert Armstrong’s Unhedged newsletter, for markets, finance and strong opinions
Sign up to the Lex newsletter, for exclusive insight and analysis

Join us at an FT Live event

Discover unmissable flagship events and members only communities to expand your thinking and elevate your career

FT Live
FT Live Unhedged: the Trump effect on markets
Exclusively for FT Subscribers
Wednesday, 23 AprilOnline
FT Live
Executing banking transformations at pace
A three-part journey into disrupting the traditional banking world
Wednesday, 30 April
FT Live
Digital Assets Summit
The next wave of institutional adoption for crypto and digital assets
Tuesday, 6 MayLondon, UK
Explore all events

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsFT Leaders Academy

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:UK
International
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • FT Leaders Academy
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In