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Europe must choose between America and China

In a multi-polar world, old certainties about the US security guarantee and access to markets no longer hold

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

The Chinese goods Americans rely on, from microwaves to Barbies

More than 50 items with an import value of above $1bn among thousands subject to tariffs

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

Jeremiah Ostriker, Astrophysicist, 1937-2025

The scientist played a key role in establishing that dark matter pervades the universe

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

The mounting cost of the final send-off

Undertakers can be adept at upselling — but funerals needn’t be flashy affairs

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

Argentina secures $20bn IMF deal by relaxing currency controls

Fund to give unusually large upfront transfer to libertarian President Javier Milei

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

Meta adds former Trump advisor to its board

Dina Powell McCormick's husband is a Republican senator who received Trump's endorsement, and she served in Trump's first administration.

Published on: April 12, 2025 | Source: CNBC International favicon CNBC International

Judge rules Mahmoud Khalil can be deported for campus protests

Columbia University graduate student at centre of Trump case over pro-Palestinian activism is expected to appeal

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

Liquidity worsens in $29tn Treasury market as volatility soars

10-year US government bond yield rose most this week since 2001

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

China’s exporters defy US ‘paper tiger’ as Beijing invokes Mao

Stoic defiance in ‘trinket town’ echoes Beijing’s insistence that nation can prevail against Donald Trump’s tariff blitz

Published on: April 12, 2025 | Source: Financial Times - World favicon Financial Times - World

Argentina to relax currency controls to secure $20bn IMF deal

Fund to give unusually large upfront transfer to libertarian President Javier Milei

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Why Trump's tariffs won't push China and Europe closer

China and the European Union are unlikely to become close allies even as relations between the EU and the White House could sour.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

FCA probes banks on bereavement and power of attorney policies

Watchdog review highlights inability to access funds to pay essential bills

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

OpenAI co-founder Ilya Sutskever’s new venture SSI valued at $32bn

Start-up raises $2bn, underscoring investors’ keen appetite for bankrolling AI groups despite US economic tumult

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

JPMorgan Chase tops quarterly expectations as Dimon says U.S. economy faces ‘considerable turbulence’

While JPMorgan CEO Jamie Dimon touted his company's solid results in the quarter, he also struck a note of caution on the broader economy.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

10-year Treasury yield tops 4.5% after surge this week that's worrying Wall Street and the White House

The 10-year Treasury yield was higher on Friday as the bond market sell-off resumed, influenced by U.S. President Donald Trump's fast-changing tariff policies.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

BlackRock's Larry Fink says U.S. is very close to a recession and may be in one now

The asset management executive spoke to CNBC about the state of the economy, which has been rattled by tariffs from the Trump administration.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

Wall Street stocks end turbulent week with late rally

Senior Fed official helps ease market jitters by signalling readiness to act if market strains grow

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Mortgage rates surge over 7% as tariffs hit bond market

Mortgage rates surged over 7% to end the week, after massive volatility in bond markets surrounding President Donald Trump's tariff agenda.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

US government fails to comply with court order on wrongly deported migrant

Justice department ‘unable’ to provide details requested on how it was repatriating man wrongly sent to jail in El Salvador

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump tariff collection for freight shipments delayed by Customs 'glitch'

A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it is a bad sign for the supply chain.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

The dollar system has always been vulnerable to presidential whim

But only now are asset managers beginning to reconsider the story of America as an inexhaustible well of safe bets

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

‘This is not normal’

An end-of-week inbox raid

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Directors’ deals: Next executive cashes in

Sale understandable with the retailer expecting slower revenue growth

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

European travellers cancel US visits as Trump’s policies threaten tourism

International visitors stay away as political and economic tension and fears of a hostile border rise

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

‘The end of an era.’ What next for global trade?

Officials around the world are dashing to diversify their economies. But the fight between the US and China casts a long shadow

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Here’s how much a ‘Made in the USA’ iPhone would cost

The White House says President Trump believes Apple can make a U.S. iPhone, but there are many reasons why analysts say that's likely not possible.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

Starmer vows to pass emergency law ‘in one day’ to save British Steel’s Scunthorpe site

Prime minister announces recall of parliament as government races to prevent closure of UK’s last two blast furnaces

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Morgan Stanley earnings boosted by sale of debt linked to Elon Musk’s X

US lender reports 26 per cent rise in first-quarter profits, powered by its equities trading business

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

JPMorgan chief Dimon warns of ‘considerable turbulence’ in US economy

Biggest US bank posts 9% rise in quarterly profits as market tumult boosts trading business

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Morgan Stanley tops quarterly estimates as equity trading revenue surges 45%

Shares of Morgan Stanley, like those of its peers, have whipsawed in recent days amid President Donald Trump's trade policies.

Published on: April 11, 2025 | Source: CNBC International favicon CNBC International

Scott Bessent, the Treasury secretary shaping Trump’s trade war

The former hedge fund manager is being asked to lead negotiations with foreign governments amid America’s self-inflicted hit

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Germany warns against EU hitting Big Tech in retaliation to Trump tariffs

European finance ministers discuss response to US trade moves

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

Reeves looks to nurture ‘green shoots’ of UK economic growth

Chancellor welcomes striking official data as allies set out ‘four-pronged response’ to Trump tariffs

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World

What China should do next

To weather Trump’s global storm, Beijing’s economic strategy must evolve

Published on: April 11, 2025 | Source: Financial Times - World favicon Financial Times - World