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Demographics and population
Declining fertility rates will transform global economy, report says
...By 2100, just six countries are expected to have TFRs higher than 2.1: Tajikistan in central Asia, the Pacific islands of Tonga and Samoa, and the African nations of Somalia, Chad and Niger....
March 21, 2024
News in-depthMacau
Macau roars back as gamblers return to ‘Las Vegas of the east’
...Chen exemplifies not just the city’s recovery but also a shift in Macau’s clientele from high rollers to mass-market gamblers....
March 31, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
The Big Read
The mysterious rise of the Chinese ecommerce giant behind Temu
...PDD reported $2.5bn of cash flow, even as it appears to throw very large sums at the expansion of Temu....
March 6, 2024
Markets
Treasury yields hit highest level this year after strong retail sales data
...Shares of large lenders including JPMorgan Chase and Bank of America were down at least 2 per cent. The KBW Bank index shed 2.8 per cent....
August 15, 2023
IPOs
‘Cornerstone’ investors prop up US IPOs in shaky market
...More than a third of electric vehicle maker Rivian Automotive’s $14bn share sale two years ago went to cornerstone investors, as did nearly half of the $2.6bn sold by Brazilian banking group Nu Holdings...
September 1, 2023
Technology sector
Taiwan’s Acer and Asustek step up ‘Make in India’ plans
...“There’s a difference between [PLI 2.0] and the one we had on mobile, which was very popular in 2020 and 2021,” Singh said....
February 12, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Live news updates from July 6: Lukashenko says Prigozhin and Wagner fighters not in Belarus, US stocks and bonds recover after job data surprise
Risers and fallers in the US
...Bank of America shed 2.8 per cent after the lender announced a 9 per cent increase in its third-quarter dividend to 24 cents per share from 22 cents....
July 6, 2023
Currencies
Asia’s central bankers struggle to contain strong US dollar
...“There is no sign that the PBoC will change its course anytime soon,” said Chen Long, co-founder of Plenum, a Beijing-based research company....
April 20, 2024
Live news updates from July 5: Fed signals determination to raise interest rates after June pause, PwC links Google to Australian tax leak scandal
Risers and fallers in the US
...United Parcel Service fell 2 per cent as negotiations with the Teamsters union hit a roadblock....
July 5, 2023
Live news updates from June 30: US Supreme Court strikes down Biden’s student loan relief plan, French riots plunge Macron into crisis
Risers and fallers in the US
...That helped Constellation achieve forecast-beating net sales of $2.51bn — a record for a first quarter — but the beverages group kept its 2024 earnings outlook unchanged....
June 30, 2023
News updates from July 3: March on Moscow was aimed at ‘mobilising society’, says Prigozhin, Tesla delivers record number of cars
What to watch in North America today
...Construction spending: Data from the US Census Bureau is expected to show spending on construction increased 0.5 per cent in May, compared with a 1.2 per cent rise in April, according to a Refinitiv survey...
July 3, 2023
Live news updates from June 30: US Supreme Court strikes down Biden’s student loan relief plan, French riots plunge Macron into crisis
What to watch in North America today
...The report is also expected to show personal consumption rose 0.2 per cent last month. Quarter end: Today’s closing bell on Wall Street marks the end of the week, month and the June quarter....
June 30, 2023
Live news updates from June 29: US Supreme Court curbs racial considerations in admissions, Chinese balloon used US surveillance technology
Risers and fallers in the US
...US share moves to note on Thursday included banks, Micron and Occidental Petroleum: Shares of US banks including Wells Fargo, JPMorgan Chase and Bank of America climbed between 2.1 per cent and 4.5 per...
June 29, 2023
Live news updates from July 7: US to supply cluster bombs to Ukraine, Ant Group fined $1bn
What to watch in North America today
...The unemployment rate is expected to have ticked up to 5.3 per cent from 5.2 per cent....
July 7, 2023
News updates from June 23: Wagner chief calls for attack on Russian army, Moody’s warns of private credit market challenges
Risers and fallers in the US
...Starbucks shed 2.5 per cent after a union representing workers announced a strike next week in response to the café chain not allowing Pride decorations....
June 23, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
FT SeriesThe interiors edit
Sleep right: stylish bedroom accessories
...create a tranquil environment in the bedroom. johnlewis.com SmartGoggles by Therabody, £174 This eye mask uses heat and massage to aid relaxation. therabody.com Various Positions nightstand by Yaniv Chen...
January 6, 2024
Live news updates from June 29: US Supreme Court curbs racial considerations in admissions, Chinese balloon used US surveillance technology
What to watch in North America today
...Pending home sales in May are forecast to have decreased 0.5 per cent, after remaining unchanged in April and experiencing a 5.2 per cent decline in March....
June 29, 2023
News updates from June 21: FTC sues Amazon over Prime subscription service ‘trickery’, UK inflation stays flat at 8.7%
Risers and fallers in the US
...Shares of Dice Therapeutics surged 37 per cent after pharmaceutical company Eli Lilly said it would acquire the company for $2.4bn, or $48 per share in cash, in a push to grow its autoimmune portfolio....
June 20, 2023
News updates from June 21: FTC sues Amazon over Prime subscription service ‘trickery’, UK inflation stays flat at 8.7%
Risers and fallers in the US
...FedEx sank 2.5 per cent after reporting fourth-quarter results after-market on Tuesday that showed a bigger-than-expected drop in revenue as package volumes declined....
June 21, 2023
News updates from June 27: Russia drops Wagner charges, Lukashenko says Prigozhin is in Belarus
What to watch in North America today
...The reading would mean the index had fallen 2.6 per cent over 12 months....
June 27, 2023
Live news updates from June 20: Hunter Biden to plead guilty, Missing titanic submersible has limited air supply left
Risers and fallers in the US
...Shares of Dice Therapeutics surged 37 per cent after pharmaceutical company Eli Lilly said it would acquire the company for $2.4bn or $48 per share in cash, in a push to grow its autoimmune portfolio....
June 20, 2023
News updates from June 21: FTC sues Amazon over Prime subscription service ‘trickery’, UK inflation stays flat at 8.7%
What to watch in North America today
...Canada retail sales: April figures are expected by analysts polled by Reuters to show a month-on-month increase of 0.2 per cent, reversing monthly falls since January. In March, sales fell 1.4 per cent....
June 21, 2023
News in-depthLuxury goods
Luxury sector slows after ‘bonkers’ post-pandemic spending spree
...Its first half sales grew only 2 per cent to €10.1bn while those at Gucci, which accounts for half of group revenue, contracted....
July 30, 2023
Hedge funds
Hedge funds lose $6bn betting against cruise lines and hotels
...Carnival, Royal Caribbean and smaller rival Norwegian accounted for $2.9bn of the losses....
August 4, 2023
Live news updates from June 15: Committee finds that Johnson misled MPs, Cava shares pop on IPO
What to watch in North America today
...Retail sales: The retail market experienced a slight contraction in May, as retail sales are estimated to have declined by 0.2 per cent according to Bloomberg, following modest growth of 0.4 per cent in...
June 15, 2023

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