Economy

FirstFT: How one man drove Capital’s €8bn European bank stock sell-off

Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get...

Key supplier says China will struggle to develop advanced chip technology

The chief executive of JSR, one of the world’s largest suppliers of a material critical for semiconductor production, has said lack of industry...

Business leaders warn that three-decade era of globalisation is ending

The three-decade era of globalisation risks going into reverse according to company executives and investors, as world leaders prepare to meet in the...

For markets, inflation fears are joined by recession risks

“Sell in May and go away,” runs the old market adage, referring to stocks’ tendency to underperform from May to October. The third...

Portugal pledges to cut debt as borrowing costs rise

Portugal’s finance minister has vowed to remove his country from the “podium” of the three most indebted economies in Europe to protect families...

Australia’s Labor faces ‘ugly news’ on economy after sweeping election win

Anthony Albanese’s Labor party was edging closer to securing a majority government on Sunday as the full extent of the losses suffered by...

Five things to watch for at Summer Davos

The World Economic Forum defines its mission as improving the state of the planet. Yet when it gathers 2,500 of the global elite...

FirstFT: Biden dilutes Asian trade deal

Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get...

Latest News

Enormous asteroid 7335 (1989 JA) to fly by Earth on May 27

An enormous asteroid four times the size of the Empire State Building will make a close approach to...

After weeks of jumping, U.S. mortgage rates make modest dip

The 30-year fixed mortgage rate averaged 5.25% for the week ending May 19 — down from 5.30% last...

Reese Witherspoon’s Son, Deacon Phillippe, Shows Prom Photos – Hollywood Life

View gallery Prom season is here, and it looks like Reese Witherspoon‘s son Deacon Phillippe is an active participant!...

Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account

Digital artist and popular non-fungible token (NFT) creator Mike Winkelmann, more commonly known as Beeple, had his Twitter...

FirstFT: How one man drove Capital’s €8bn European bank stock sell-off

Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa...

General Atlantic says it plans to invest $2B in Indian and Southeast Asian startups over the next two years, with ~15 currently in early-stage...

Sources: Broadcom is in ongoing talks to acquire VMware, but a deal is not imminent  —  Chipmaker Broadcom...

Must Read

The switch back from goods to services that wasn’t

Early in the pandemic, there was hope that...

24 Best REI Anniversary Sale Deals: Helmets, Fitness Watches, Outdoor Apparel

Just as bears emerge from hibernation and birds...
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