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 NEWS: FT.COM - FINANCIAL MARKETS
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   NEWS: FT.COM - FINANCIAL MARKETS
FT.com - Financial Markets
May 20, 2026

UK eases sanctions on Russian oil refined into jet fuel and diesel
Government aims to alleviate supply problems caused by Iran war and echoes similar measures in US

FT.com - Financial Markets
May 20, 2026

Euro stablecoin project gains backing of 37 banks
Dutch company Qivalis adds 25 new lenders as continent seeks to challenge dollar's crypto dominance

FT.com - Financial Markets
May 20, 2026

Commodities powerhouse Indonesia to tighten export controls
Move set to shake up world's largest exporter of palm oil, thermal coal and nickel

FT.com - Financial Markets
May 20, 2026

Why the BoE will not ride to the rescue in gilts
Plus, Asian chipmakers

FT.com - Financial Markets
May 20, 2026

To the moon: SpaceX's generational payday
Who's positioned for a windfall from the listing, and why it's historic in more ways than one

FT.com - Financial Markets
May 20, 2026

Stock investors are high on hope and low on cash
There is plenty of opportunity for minor and major snafus given the S&P 500's reliance on AI-driven companies

FT.com - Financial Markets
May 20, 2026

Marc Rowan accused of misusing Apollo resources for political work
Chief executive of private capital group used company email and staff for lobbying, unions say

FT.com - Financial Markets
May 20, 2026

Merger spirits could lift the UK's languishing mid-caps
S&P 400 index makes it well suited to active investing — and opportunistic dealmaking

FT.com - Financial Markets
May 20, 2026

Big Europe and Asian private equity health funds merge to defy AI disruption
Global Healthcare Opportunities and CBC Group say $21bn investment manager will be world's largest in sector

FT.com - Financial Markets
May 20, 2026

The Gulf crisis may just be starting
Oil futures markets are sanguine, but history shows expectations have often been disappointed

FT.com - Financial Markets
May 20, 2026

UK housebuilders suffer £8bn hit from Iran war
Share prices have fallen sharply as hedge funds bet the industry will bear the brunt of the economic fallout

FT.com - Financial Markets
May 20, 2026

Protests spread in Africa as fuel crisis deepens
Sharp rises in diesel and petrol prices spark violent clashes in Kenya and Comoros as well as strikes in Mozambique

FT.com - Financial Markets
May 20, 2026

Hg spins out €500mn of assets from €19bn software group Visma
Move by private equity owner comes as long-awaited London IPO of group is shelved

FT.com - Financial Markets
May 20, 2026

How to shield your money from inflation
As we stare down the barrel of another period of rising prices, we need to know which assets provide the best protection

FT.com - Financial Markets
May 20, 2026

The impossible maths of the AI boom
The IPO of big sector companies is probably nothing more than a transfer of investment risk to retail investors

FT.com - Financial Markets
May 20, 2026

Private equity's new escape hatch keeps unsold companies in limbo
Growing use of so-called CV squared funds highlights downbeat era for public offerings to realise gains

FT.com - Financial Markets
May 19, 2026

The stock market that outpaced Nasdaq's dotcom-era gains
South Korea's Kospi triples in 18 months powered by Samsung and SK Hynix as AI euphoria continues

FT.com - Financial Markets
May 19, 2026

Luxury during wartime
What are high-end goods telling us about the economy?

FT.com - Financial Markets
May 19, 2026

Wall Street prepares for boom in tech IPOs after Cerebras' success
Chip designer's $6.4bn raise signals demand ahead of huge listings expected from SpaceX, OpenAI and Anthropic

FT.com - Financial Markets
May 19, 2026

Shapps broke rules on ministerial appointments with role at military tech start-up
Former Tory defence secretary rebuked for ‘failing to uphold standards' over chairmanship of Cambridge Aerospace

FT.com - Financial Markets
May 19, 2026

America needs to put the renminbi back on the international agenda
‘Managed trade' isn't the answer

FT.com - Financial Markets
May 19, 2026

Fourth time's the charm for stock bears?
What happens after three bumper years of stock returns

FT.com - Financial Markets
May 19, 2026

Deutsche Bank fined by UK for breaching Russia sanctions
OFSI fines lender £165,000 over payments linked to streamer Okko

FT.com - Financial Markets
May 19, 2026

Monzo boss pledges European expansion as profits jump
Diana Layfield pointed to ‘Monzo-shaped hole' in markets across Europe

FT.com - Financial Markets
May 19, 2026

Solar's day in the sun is rapidly approaching
Plus, why Citadel is rapidly expanding its LNG operations

FT.com - Financial Markets
May 19, 2026

Vibe shift, continued
Plus, more on gilts

FT.com - Financial Markets
May 19, 2026

A $420bn mega-merger for AI's next-era dominion
‘Data centre alley' is at the centre of NextEra's deal with Dominion

FT.com - Financial Markets
May 19, 2026

Astorg's flagship fundraise struggles as private equity braces for shakeout
Investors reluctant to commit to new fund of French firm that has yet to sell prize asset

FT.com - Financial Markets
May 19, 2026

Worries on gilts point to wider bond market vulnerabilities
Rising public debt adds pressure while increased hedge fund trading opens up new fragilities

FT.com - Financial Markets
May 19, 2026

SpaceX IPO adds air to the Silicon Valley ‘genius bubble'
The biggest one-man brands today benefit from the impression that no cycle can bring them down

FT.com - Financial Markets
May 19, 2026

Iran stockpiles oil on ageing tankers anchored in the Gulf
Tehran turns to floating storage to keep country's production going

FT.com - Financial Markets
May 19, 2026

Investors warn of ‘correction' risk as high-flying stocks defy bond gloom
Wall Street indices have surged to a string of record highs despite anxiety over economic fallout from Iran war

FT.com - Financial Markets
May 19, 2026

Inside a Lebanese village under Israeli occupation
‘I knew that if I left, I might never come back,' says one resident trapped in a so-called security zone

FT.com - Financial Markets
May 18, 2026

Putin and Xi to discuss huge gas project at China summit
Talks on Power of Siberia 2 pipeline come just days after Donald Trump's visit to Beijing

FT.com - Financial Markets
May 18, 2026

Electric ships and trucks to buoy battery boom, says China lithium boss
Tianqi says demand forecasts underestimate rapid rise of battery-powered industrial equipment

FT.com - Financial Markets
May 18, 2026

Why this Chinese company says the world needs more lithium
Tianqi says demand forecasts underestimate rapid rise of battery-powered industrial equipment

FT.com - Financial Markets
May 18, 2026

SpaceX IPO set to hand $20bn stake to one hedge fund
D1 Capital is among the Wall Street firms in line for big rewards if the rocket maker successfully lists next month

FT.com - Financial Markets
May 18, 2026

US eases Russian oil sanctions in bid to contain Iran price surge
Renewal of 30-day licence comes as high fuel costs hit American consumers

FT.com - Financial Markets
May 18, 2026

US extends Russian oil waiver in attempt to lower fuel prices
Thirty-day licence comes as American voters become frustrated at high cost of petrol and diesel

FT.com - Financial Markets
May 18, 2026

Citi strikes €15bn partnership with BlackRock for private European lending
Deal aims to give bank added firepower to finance private equity dealmaking in Europe and Middle East

FT.com - Financial Markets
May 18, 2026

UK plans to relax key banking rules set up after 2008 financial crisis
Chief secretary to the Treasury says softening ringfencing regulations would free up £80bn for extra lending

FT.com - Financial Markets
May 18, 2026

European oil refiners and airlines have ‘almost zero' jet fuel shortage concerns
Refiners maximise production and increase imports from US and Africa to offset loss of Middle Eastern supplies

FT.com - Financial Markets
May 18, 2026

Bonds extend sell-off on inflation fears
US and Japanese yields rise amid investor concern over surge in energy prices

FT.com - Financial Markets
May 18, 2026

Bonds bad
Plus, stocks bad

FT.com - Financial Markets
May 18, 2026

Global bonds extend sell-off on inflation fears
US and Japanese yields rise amid investor concern over surge in energy prices

FT.com - Financial Markets
May 18, 2026

Anthropic to brief global financial watchdog on cyber flaws exposed by Mythos
US tech group will discuss capabilities of its new AI model with members of the Financial Stability Board

FT.com - Financial Markets
May 18, 2026

European oil refiners and airlines confident jet fuel shortages can be avoided
Refiners maximise production and increase imports from US and Africa to offset loss of Middle Eastern supplies

FT.com - Financial Markets
May 18, 2026

EU plans to force companies to buy parts from non-Chinese suppliers
New rules to target chemicals and industrial machinery makers

FT.com - Financial Markets
May 18, 2026

Donald Trump's Iran war hits Americans with $40bn fuel bill
Extra spending on petrol and diesel exceeds cost of repairing country's bridges or rebooting air traffic control

FT.com - Financial Markets
May 18, 2026

Defence groups clamour to delay US ban on Chinese rare earth magnets
Military contractors want more time to comply with prohibition years in the making and now just months away

FT.com - Financial Markets
May 18, 2026

Iran war hits Americans with $40bn fuel bill
Extra spending on petrol and diesel exceeds cost of repairing country's bridges or rebooting air traffic control

FT.com - Financial Markets
May 18, 2026

How China enables American domination
It is a stunted financial power, leaving the US free to rule global markets

FT.com - Financial Markets
May 18, 2026

Jim Ratcliffe's Ineos makes €200mn bet on chemical sector peers
Group invests in basket of company equities and tells bondholders the sector is ‘undervalued'

FT.com - Financial Markets
May 18, 2026

Jim Ratcliffe's Ineos takes €200mn punt on chemical sector peers
Group invests in basket of company equities and tells bondholders the sector is ‘undervalued'

FT.com - Financial Markets
May 18, 2026

UBS: the bank that outgrew a country
Can a state with 9mn people host a financial behemoth?

FT.com - Financial Markets
May 18, 2026

The battle the US is winning against China
It is a stunted financial power, leaving the US free to rule global markets

FT.com - Financial Markets
May 18, 2026

The fate of OpenAI's $1tn IPO will be decided in an Oakland jury room
Elon Musk's legal challenge could derail the AI start-up's commercial ambitions

FT.com - Financial Markets
May 18, 2026

The Italianisation of Britain's finances
Investors have watched the UK's political flip-flopping and budgetary shortfalls with alarm

FT.com - Financial Markets
May 18, 2026

Investment firms look beyond Iran war to expand in Middle East
Asset managers and hedge funds say they remain committed to the region despite the current disruption

FT.com - Financial Markets
May 17, 2026

Iran energy crisis enters new phase as peak summer season approaches
Emergency measures spread as oil stockpiles run low

FT.com - Financial Markets
May 17, 2026

The looming energy crunch
Supply squeeze due to the Iran war will get worse before it gets better

FT.com - Financial Markets
May 17, 2026

Tipping point looms for global energy crisis
Emergency measures spread to nearly 80 countries as oil stockpiles run low on back of Middle East conflict

FT.com - Financial Markets
May 17, 2026

How Britain can tackle its mountain of unpaid energy bills
A long-term plan such as a social tariff could stop vulnerable households from running up debt

FT.com - Financial Markets
May 17, 2026

Record high Japanese yields trigger bets on repatriation
Fund managers say country's investors will sell out of US Treasuries to invest in JGBs

FT.com - Financial Markets
May 17, 2026

Bain Capital closes largest Asia fund after raising $10.5bn
Buyout firm raised $2.1bn more from external investors than had been targeted

FT.com - Financial Markets
May 17, 2026

Chinese data centre spin-off plans dual IPO in Singapore and US
DayOne aims to raise $5bn using new rules intended to boost Asian listings in city-state

FT.com - Financial Markets
May 16, 2026

Sponsor reviews crypto conference partnership over pole-dancing party
Crypto exchange OKX reconsiders sponsorship of Consensus Miami after ‘immature' official after-party event

FT.com - Financial Markets
May 16, 2026

Gilts, not so bad
UK government bonds are not the outlier they appear to be

FT.com - Financial Markets
May 16, 2026

AI boom could end the de-equitisation ‘put'
This US bull market has not been accompanied by the usual deluge of equity issuance. Until now

FT.com - Financial Markets
May 16, 2026

The messy, chaotic and possibly quixotic quest to phase out fossil fuels
The inside story of a climate summit unlike any other

FT.com - Financial Markets
May 16, 2026

Deal rush in rare earths as west seeks to loosen China's grip
Small group of companies compete for assets as they seek first-mover advantage in ‘very hot' market

FT.com - Financial Markets
May 15, 2026

US federal prosecutors scrutinise BlackRock private credit fund
Wall Street's top cops examine valuation practices at BlackRock TCP Capital Corp

FT.com - Financial Markets
May 15, 2026

Carney strikes deal over new Canadian pipeline
Carbon tax deal lays the land for increased oil and gas production and shipping of fossil fuels to Asia

FT.com - Financial Markets
May 15, 2026

Crypto CFDs are here save the City, apparently
Panmure Liberum goes back to the future

FT.com - Financial Markets
May 15, 2026

Party time for stock markets cannot last for ever
Investor mood is shifting to outright red-hot exuberance

FT.com - Financial Markets
May 15, 2026

Peru run-off pits autocrat's daughter against leftwinger
Polarised race between rightwing Keiko Fujimori and leftist Roberto Sánchez to take place on June 7

FT.com - Financial Markets
May 15, 2026

Ovo founder in line for £30mn payout ahead of Eon sale
Stephen Fitzpatrick to receive payment for brand royalty fees under arrangement with retail energy company he started

FT.com - Financial Markets
May 15, 2026

Global bonds tumble on fears of inflation shock from Iran war
Stocks dragged lower as traders price in US interest rate rises after worse than expected data releases

FT.com - Financial Markets
May 15, 2026

Stocks and bonds fall as traders fret over inflation shock from Iran war
Markets price in greater chance of US interest rate rises after worse than expected data releases this week

FT.com - Financial Markets
May 15, 2026

Is the only way really down for stocks?
Market concentration means the majority of equities have room to rise

FT.com - Financial Markets
May 15, 2026

The dawn of 24/7 solar power
Falling battery costs drive the economics of round-the-clock renewables

FT.com - Financial Markets
May 15, 2026

Gilts fall as traders brace for Burnham to challenge Starmer
Greater Manchester mayor is lightning rod for concerns over possible loosening of UK's self-imposed borrowing limits

FT.com - Financial Markets
May 15, 2026

Schroders plans to exit China mutual funds business after just three years
London-listed group set to be taken over by US-headquartered asset manager Nuveen in £10bn deal

FT.com - Financial Markets
May 15, 2026

Gilts and sterling fall as traders brace for Burnham to challenge Starmer
Greater Manchester mayor is lightning rod for concerns over possible loosening of UK's self-imposed borrowing limits

FT.com - Financial Markets
May 15, 2026

Gilts and sterling fall as traders brace for Andy Burnham to challenge Keir Starmer
Greater Manchester mayor is lightning rod for concerns over possible loosening of UK's self-imposed borrowing limits

FT.com - Financial Markets
May 15, 2026

British Gas to pay £20mn penalty over pre-payment meters
Ofgem found utility breached licence conditions designed to protect vulnerable customers

FT.com - Financial Markets
May 15, 2026

The great global bond freakout
Plus, crypto's not money

FT.com - Financial Markets
May 15, 2026

HSBC pauses $4bn private credit investment
Lender announced plan last year to use $3.2tn balance sheet to muscle into alternative lending market

FT.com - Financial Markets
May 15, 2026

Big Tech goes beyond Wall Street for huge AI borrowing
US tech giants including Alphabet and Amazon are tapping foreign debt market at an unprecedented rate

FT.com - Financial Markets
May 15, 2026

Big Tech groups launch global borrowing spree to fund AI expansion
US tech giants including Alphabet and Amazon are tapping foreign debt market at an unprecedented rate

FT.com - Financial Markets
May 15, 2026

Abu Dhabi backs $13bn US gas plant as Middle East supplies falter
Mubadala Energy, CPP Investments and BlackRock among investors providing $9.75bn for Commonwealth LNG

FT.com - Financial Markets
May 15, 2026

The soft-on-crime era on Wall Street
US prosecutors are promoting lenient deals for companies that turn themselves in

FT.com - Financial Markets
May 15, 2026

SpaceX IPO set to lock in Musk's control with Mars-linked pay deal
Investors expected to accept $1.75tn valuation, weak shareholder rights and billionaire's sci-fi business vision

FT.com - Financial Markets
May 15, 2026

Britain's debt cage
As Labour politicians fight over the keys to No 10, the gilt market sets the limits of power

FT.com - Financial Markets
May 15, 2026

SpaceX IPO set to ensure Elon Musk cannot be fired
Investors expected to accept $1.75tn valuation, weak shareholder rights and billionaire's sci-fi business vision

FT.com - Financial Markets
May 15, 2026

The oil futures curve is not a crystal ball
Lower prices for crude to be delivered at a later date do not mean traders are predicting a sharp fall

FT.com - Financial Markets
May 15, 2026

What do oil futures actually tell us?
Lower prices for crude to be delivered at a later date do not mean traders are predicting a sharp fall

FT.com - Financial Markets
May 14, 2026

Obscure Japanese stock measure widens on global hunt for AI winners
Record gulf between Tokyo's Nikkei 225 and Topix reflects major influx of foreign capital, analysts say

FT.com - Financial Markets
May 14, 2026

Is it time to worry about India's foreign exchange reserves?
Also in this newsletter: government to invest $4bn in coal gasification

FT.com - Financial Markets
May 14, 2026

SEC settles Adani case as US authorities move to end actions against Asia's richest man
Indian tycoon had lobbied Trump administration and pledged billions of dollars of investment in America

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