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Last updated: Nov. 27, 10:30
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Rachel Reeves’ Budget raises tax take to all-time high
Burden to reach 38% of GDP by end of parliament
By FT
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
The AI cycle will crack first in Asia
Big US tech companies are more diversified than Korean and Taiwanese chipmakers
By June Yoon
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
The fatal flaw in using bitcoin as a currency
There is a crypto parallel in the aftermath of Europe’s 14th century bubonic plague
By Paul Donovan, chief economist at UBS Global Wealth Management
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
Fed Chair Powell’s Allies Provide Opening for December Rate Cut
A divided committee, missing data and a whiff of stagflation leave Powell to choose between two paths—each with drawbacks
By Nick Timiraos
The Wall Street Journal,  Nov. 26, 2025    E-mail this to a Friend
Manufacturers start to phase out production of ‘forever chemicals’
Groups including BASF respond to increased risk of litigation over ‘PFAS’ substances and regulatory intervention
By FT
Financial Times,  Nov. 25, 2025    E-mail this to a Friend
‘Fomo’ is driving ‘stretched’ US tech valuations, ECB warns
Central bank says ‘negative surprises’, including worries over Federal Reserve independence, could trigger market correction
By Olaf Storbeck in Frankfurt
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
China leapfrogs US in global market for ‘open’ AI models
Beijing-backed technology gains ground as American giants hold fast to ‘closed’ AI strategies
By Melissa Heikkilä in London
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
Voice trading makes a comeback in $30tn Treasury market
The rise of leveraged hedge fund strategies means more trades conducted by phone or messaging
By Joshua Franklin and Kate Duguid in New York
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
Klarna launches stablecoin to cut cost of cross-border payments
Digital token will be aimed at merchants moving large sums and may also be offered to consumers
By Akila Quinio in New York
Financial Times,  Nov. 25, 2025    E-mail this to a Friend
Navy Scraps Plans for Troubled Warship Design
Pentagon says it will cancel plan to build four frigates in Wisconsin and focus on faster-to-make models
By Drew FitzGerald and Lara Seligman
The Wall Street Journal,  Nov. 25, 2025    E-mail this to a Friend
Fall in Chinese investment suggests Xi Jinping’s ‘anti-involution’ drive is biting
If data proves accurate then decline in flow of funds into fixed assets will make growth targets harder to hit
By FT
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
Scions of Iran’s revolution call for reset with the world
New generation of political elites seek overhaul of ties with west and Arab states
By Najmeh Bozorgmehr in Tehran
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
Crypto hoarders dump tokens as shares tumble
‘Digital asset treasury’ craze sours amid $1tn rout in cryptocurrency market
By FT
Financial Times,  Nov. 26, 2025    E-mail this to a Friend
Altice USA accuses creditors of forming ‘illegal cartel’
Defendants who own large chunks of $26bn distressed debt pile include Apollo, Ares, BlackRock and Oaktree
By Sujeet Indap in New York
Financial Times,  Nov. 25, 2025    E-mail this to a Friend
The fracturing of the world economy
Will the US or China abandon their current follies sooner?
By Martin Wolf
Financial Times,  Nov. 25, 2025    E-mail this to a Friend
Last updated: Nov. 27, 10:30
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