Category: Media Library

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stocks in Japan, South Korea and Taiwan ended the week at record highs on Friday as investors bet Asia’s chipmakers would benefit from an artificial intelligence boom and interest rate cuts in the US. The surge in the three markets has driven the MSCI Asia-Pacific benchmark near an all-time high. The index is outperforming the MSCI World gauge, which only tracks developed markets, by the widest margin in eight years.…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A key gauge of Asian stocks is closing in on a record high as the region’s markets outperform global peers by the widest margin since 2017, driven by expectations of a US interest rate cut and continued weakness in the dollar. The MSCI Asia-Pacific index neared a record high on Friday, boosted by rallies in China, Japan, South Korea and Taiwan. The index is outperforming the MSCI World gauge, which…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Four months ago Purbaya Yudhi Sadewa said the IMF was “stupid” when it lowered growth forecasts for Indonesia as clouds gathered over south-east Asia’s largest economy. At the time Purbaya was a relatively unknown finance sector official. But he now has the chance to put his challenge to economic orthodoxy to the test, after being appointed finance minister in one of President Prabowo Subianto’s biggest gambles of his first year…

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. News to start: G7 finance ministers will meet virtually today to hear a demand from the US for the entire group to hit India and China with sharply higher tariffs as punishment for buying Russian oil, in an attempt to force Moscow into peace talks with Ukraine.…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There is a genre of literature in which the hotel is more than merely a place to stay. In the right hands a hotel can become a plot device, a narrative thread binding together the souls who drift through its lobby, a microcosm of society at its most fragile or flamboyant. In The Finest Hotel in Kabul by Lyse Doucet, the Inter-Continental Hotel, which has sat fortress-like above Afghanistan’s embattled…

This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. I’m back from a short break and have taken the India Business Briefing baton from my fellow Mumbai-based colleague Krishn, who deftly covered for Veena during her own well-deserved holiday. Thankfully for everyone, normal (and award-winning) service will resume next Tuesday. This week, New Delhi’s foreign correspondent corps (including the FT’s own Andres Schipani) have rushed to cover…