Finance

Finance

Yen rallies as ‘rate check’ sparks intervention speculation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s currency rallied on Friday by the most in almost six months as speculation swirled that authorities could be planning an intervention. The yen jumped 1.7 per cent against the US dollar to ¥155.7 on … Read more

Finance

How Wall St learned to live with Trump’s barbs

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world In a three-day period this week, US President Donald Trump sued JPMorgan and its chief executive, snubbed the head of Bank of America and doubled down on capping credit card interest rates, an … Read more

Finance

The Taco trade has eaten itself

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the reasons this moment in history is such a headfake for investors is that it demands they do opposite things at the same time. They need to shut out the noise but also … Read more

Finance

Nigel Farage attended Davos as adviser to Iranian billionaire

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nigel Farage attended Davos on a pass sponsored by the family office of Iranian billionaire Sasan Ghandehari, which told the World Economic Forum that the Reform UK leader had advised the company since 2018. The … Read more

Finance

BlackRock’s Rick Rieder surges in Federal Reserve chair race

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world BlackRock executive Rick Rieder has emerged as a leading contender in the race for Federal Reserve chair as Donald Trump’s decision on who to nominate to lead the world’s most important central bank … Read more

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