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   NEWS: FT.COM - FINANCIAL MARKETS
FT.com - Financial Markets
Mar 12, 2026

‘Sitting ducks': oil tankers trapped in Gulf as Iran widens attacks on shipping
Operators face growing risks whether they stay or flee through Strait of Hormuz

FT.com - Financial Markets
Mar 12, 2026

Senior loans, like airport lounges, are losing their elite status
First-lien is not so special any more due to changes in leveraged finance markets

FT.com - Financial Markets
Mar 12, 2026

Trump's foreign policy will only push China and Russia closer together
Beijing and Moscow look to one another for energy and economic security amid geopolitical turbulence

FT.com - Financial Markets
Mar 12, 2026

How soaring petrol prices are testing US voters' patience
Also in today's newsletter, investors trim bets on number of interest rate cuts this year

FT.com - Financial Markets
Mar 12, 2026

Does SoftBank's $33bn US power plant justify the price tag?
The Ohio project would be the biggest gas plant in the world by some distance

FT.com - Financial Markets
Mar 12, 2026

Worthwhile American initiative (on bank regulation)
For once, some constructive ideas are coming out of Washington

FT.com - Financial Markets
Mar 12, 2026

Thanks for playing the Brent
Oil traders, we salute you

FT.com - Financial Markets
Mar 12, 2026

Iran war causing ‘largest disruption in history' to oil supplies, says IEA
Global crude output will fall to lowest level in four years, energy agency warns in report

FT.com - Financial Markets
Mar 12, 2026

FCA warns it will take action on mis-selling of ‘second charge' mortgages
UK watchdog found examples of good practice but also ‘issues that raise concerns'

FT.com - Financial Markets
Mar 12, 2026

Oil surges back past $100 as Iran disrupts shipping in Gulf
Global stocks slide as Tehran escalates attacks on energy infrastructure

FT.com - Financial Markets
Mar 12, 2026

Hong Kong arrests hedge fund and brokerage staff in $300mn insider trading probe
Authorities allege brokers accepted bribes in exchange for information on share placements

FT.com - Financial Markets
Mar 12, 2026

China's forgotten consumers
Plus more on private credit and BDCs

FT.com - Financial Markets
Mar 12, 2026

Brussels dusts off 2022 playbook in bid to tackle yet another energy crisis
Also in this newsletter: UK and Ireland to update defence pact

FT.com - Financial Markets
Mar 12, 2026

Middle East energy shock revives interest in nuclear power
Surging prices from reliance on gas-fired generation is prompting reconsideration of prior opposition

FT.com - Financial Markets
Mar 12, 2026

Oil trades close to $100 after attacks in Gulf
Ships and energy infrastructure in the Gulf hit by new wave of strikes

FT.com - Financial Markets
Mar 12, 2026

Mojtaba Khamenei calls for Strait of Hormuz to ‘remain closed'
Iranian supreme leader's written statement is first public comment since succeeding his father

FT.com - Financial Markets
Mar 12, 2026

FirstFT: Oil back to $100 after new attacks in Gulf
Also in today's newsletter: prediction that private credit default rates are set to rise and Oracle prepares to make AI-related lay-offs

FT.com - Financial Markets
Mar 12, 2026

EU's six biggest economies push for single markets watchdog
Proposal by ‘E6' countries, including Germany and France, aims to reinvigorate plans to unify bloc's capital markets

FT.com - Financial Markets
Mar 12, 2026

Supertankers rush to Red Sea port as Iran war chokes Gulf oil exports
Saudi pipeline allows ships to avoid perilous Strait of Hormuz but they will have to brave hotspot for Houthi attacks

FT.com - Financial Markets
Mar 12, 2026

America risks financial credibility with payments deficit obsession
Imposing tariffs in response threatens to create a problem where none exists

FT.com - Financial Markets
Mar 12, 2026

Investment fund questions valuations in Blue Owl's private credit portfolio
Glendon Capital Management says debts are marked higher than similar publicly traded securities

FT.com - Financial Markets
Mar 12, 2026

Legal battle intensifies over £3bn bitcoin haul seized by British police
Victims of Chinese crypto fraud fight to stop Treasury capturing inflated value of the currency

FT.com - Financial Markets
Mar 12, 2026

BlackRock, L&G and UBS among 60 ESG funds holding BP despite pivot
FT analysis finds actively managed funds retained stakes even after the company backtracked on its oil and gas pledge

FT.com - Financial Markets
Mar 12, 2026

Hold on — tech stocks are a safe haven now?
Investors seek shelter from Iran war in American tech equities

FT.com - Financial Markets
Mar 11, 2026

Oil back at $100 after ships hit
Several vessels struck in Gulf, including one in Iraqi port

FT.com - Financial Markets
Mar 11, 2026

Trump's Iran war pushes petrol past $3.50 in test of US voter patience
Administration has failed to douse surge in fuel prices as Middle East turmoil deepens

FT.com - Financial Markets
Mar 11, 2026

Trump's Iran war tests US voters' patience as petrol prices rise
Administration has failed to douse surge in fuel costs as Middle East turmoil deepens

FT.com - Financial Markets
Mar 11, 2026

FirstFT: IEA launches largest-ever release of oil reserves to counter Middle East energy shock
Also in today's newsletter: India relaxes rules on Chinese investment, and the Kremlin's covert campaign to keep Viktor Orbán in power

FT.com - Financial Markets
Mar 11, 2026

Cliffwater caps payouts at credit fund as redemption requests surge
Morgan Stanley private loan fund also says it will limit withdrawals after being hit by wave of demands

FT.com - Financial Markets
Mar 11, 2026

Morgan Stanley and Cliffwater limit private credit withdrawals
Investor exodus highlights growing unease about the sector

FT.com - Financial Markets
Mar 11, 2026

Middle East war day 12 as it happened: IEA releases record oil reserves to counter energy price shock
400mn barrels of crude made available as governments race to tackle rising prices

FT.com - Financial Markets
Mar 11, 2026

Oil prices edge higher against backdrop of historic reserves release
400mn barrels of crude made available as governments race to tackle energy shock

FT.com - Financial Markets
Mar 11, 2026

Investors demand steep concessions in Salesforce's $25bn bond deal
Software group sold debt at significant premium in borrowing costs in sign of Wall Street jitters over AI disruption

FT.com - Financial Markets
Mar 11, 2026

Energy shock will force business rethink, says State Street CEO
Supply chain break caused by war was a ‘Covid moment' for companies, says global financial services group chief

FT.com - Financial Markets
Mar 11, 2026

Energy shock will force business rethink, says State Street chief
Supply chain break caused by war was a ‘Covid moment' for companies, says global financial services group CEO

FT.com - Financial Markets
Mar 11, 2026

Nasdaq finds SpaceX's gravitational pull hard to resist
Proposed change to index-inclusion policy would benefit Elon Musk ahead of IPO

FT.com - Financial Markets
Mar 11, 2026

IEA releases record oil reserves to counter Iran war energy shock
Unprecedented move underscores fears of threat to global economy from Middle East war

FT.com - Financial Markets
Mar 11, 2026

Turbulence tests South Korea's stock market revival
Sharp swings are a reminder to Seoul that its reform agenda is incomplete

FT.com - Financial Markets
Mar 11, 2026

Inflation fears push US and German borrowing costs to conflict highs
400mn barrels of crude made available as governments race to tackle energy shock

FT.com - Financial Markets
Mar 11, 2026

IEA launches record release of oil reserves to counter energy shock
Unprecedented move underscores fears of threat to global economy from the Middle East war

FT.com - Financial Markets
Mar 11, 2026

Europe explores capping natural gas prices
European Commission president Ursula von der Leyen mulls measures to ease impact of Iran war shocks

FT.com - Financial Markets
Mar 11, 2026

Revolut secures full UK banking licence after four-year wait
Permit is crucial to growth strategy of Europe's most valuable fintech

FT.com - Financial Markets
Mar 11, 2026

Japan to ‘act first' to release oil reserves over Iran war fears
PM Sanae Takaichi moves to soften supply shock to nation with ‘exceptionally high' reliance on Middle East energy

FT.com - Financial Markets
Mar 11, 2026

US inflation holds steady at 2.4% in February
Figure comes as Middle East war sends energy prices higher

FT.com - Financial Markets
Mar 11, 2026

Oil fears hit Asian stocks harder than profits
Reaction reflects possibility of sustained supply disruption and prolonged surge in crude prices

FT.com - Financial Markets
Mar 11, 2026

Investors seek shelter from Iran war in US tech stocks
Megacap companies previously out of favour now seen as ‘safety assets'

FT.com - Financial Markets
Mar 11, 2026

Bank of England fines Direct Line £10mn for overstating capital
Motor insurer took almost a year to detect accounting error

FT.com - Financial Markets
Mar 11, 2026

Will the Iran war derail the global economy? You asked, we answered
Economics leader writer Tej Parikh and European economics commentator Martin Sandbu replied to reader questions

FT.com - Financial Markets
Mar 11, 2026

What the Iran war will mean for emerging market economies
Higher oil prices will ‘significantly change the game plan' for central banks in developing nations, say economists

FT.com - Financial Markets
Mar 11, 2026

Hedge fund Caxton loses more than $600mn in Iran war fallout
Firm's $9bn fund was down 7% last week as market upheaval hurt macro traders

FT.com - Financial Markets
Mar 11, 2026

IEA preparing record release of oil reserves
Plan underlines fears for the global economy from energy shock triggered by the Middle East war

FT.com - Financial Markets
Mar 11, 2026

Does private credit have a credit quality problem?
The stock market thinks so

FT.com - Financial Markets
Mar 11, 2026

RIP Wilshire Indexes. And all wannabe index disrupters?
Plus ça change, plus c'est la même chose

FT.com - Financial Markets
Mar 11, 2026

How the war in Iran changes our scenarios
Updating MPR's central bank forecasts for higher energy prices

FT.com - Financial Markets
Mar 11, 2026

Green investors threaten BP with legal action over rejected resolution
Energy major accused of ‘unprecedented attack on shareholder rights' for refusal to allow vote at AGM

FT.com - Financial Markets
Mar 11, 2026

Gulf disruption chokes sulphur flows supporting swaths of global industry
Shortage spurs surge in prices and threatens sectors from fertiliser to microchips as impact of war in Iran widens

FT.com - Financial Markets
Mar 11, 2026

UBS's new private equity deals confront an old problem
A firm should think carefully about which risks are worthwhile and tolerable to their clients

FT.com - Financial Markets
Mar 11, 2026

The economic consequences of war with Iran
There are lasting lessons about energy resilience to be learnt from this conflict

FT.com - Financial Markets
Mar 11, 2026

How lenders missed red flags on MFS's ‘refinancing merry-go-round'
Collapse of UK bridging loan specialist has sent reverberations across Wall St amid fears of weak underwriting standards

FT.com - Financial Markets
Mar 11, 2026

Rising sulphur prices carry whiff of unintended consequences
Global efforts to phase out fossil fuels will erode supply of cheap sulphur over time

FT.com - Financial Markets
Mar 11, 2026

Pushing private assets: are Europe's investors at risk of a mis-selling scandal?
New vehicles are being marketed to ordinary investors just as some similar products in the US have run into trouble

FT.com - Financial Markets
Mar 11, 2026

Corporate America grapples with huge oil price swings
As the US-Iran war continues, the cost of fuel is unpredictable

FT.com - Financial Markets
Mar 11, 2026

Wall Street and crypto battle over the future of money
Crypto companies go head to head with US banks

FT.com - Financial Markets
Mar 10, 2026

Oil-poor Asian countries push 4-day weeks and car pooling
Governments push to cut oil use as concerns mount about economic impact of disruption to supplies from Middle East

FT.com - Financial Markets
Mar 10, 2026

Trump says India's Reliance will back first new US oil refinery in 50 years
US president hails new project in Brownsville, Texas, as Iran war drives higher fuel prices

FT.com - Financial Markets
Mar 10, 2026

Trump administration's mixed messaging sparks wild swings in oil markets
Confusion over US naval escorts in Strait of Hormuz exposes lack of clarity over war aims

FT.com - Financial Markets
Mar 10, 2026

Trump's mixed messaging sparks wild swings in oil markets
Confusion over US naval escorts in Strait of Hormuz exposes lack of clarity over war aims

FT.com - Financial Markets
Mar 10, 2026

US says it destroyed 16 Iranian minelayers near Strait of Hormuz
Oil price swings as traders parse mixed messages on US naval escorts in crucial waterway

FT.com - Financial Markets
Mar 10, 2026

FirstFT: Japan's Sanae Takaichi confronts Iran war oil shock
Also in today's newsletter: China warns Maersk and MSC over high freight rates, and Amazon leads record US corporate borrowing rush

FT.com - Financial Markets
Mar 10, 2026

Soaring fuel prices to cast long shadow across US economy
Industries from farming to airlines face long-term higher costs and will raise customer prices in response

FT.com - Financial Markets
Mar 10, 2026

Amazon leads record US corporate borrowing rush with nearly $50bn bond sales
Total issuance tops $65bn on Tuesday as companies take advantage of calmer markets

FT.com - Financial Markets
Mar 10, 2026

Wildest day for oil ever
Did drastic swings in the price of crude just change the war in Iran?

FT.com - Financial Markets
Mar 10, 2026

Pandemic oil traders are the GOATs
Relatively speaking

FT.com - Financial Markets
Mar 10, 2026

Short sellers target Wizz Air as Iran war wipes out profit
Budget airline's CEO says crisis is ‘more manageable' than others after forecasting €50mn hit to its bottom line

FT.com - Financial Markets
Mar 10, 2026

Creditors of collapsed MFS claim £1.3bn shortfall
Some £238mn is unaccounted for by entities tied to UK bridge-loan provider, creditors allege in court filings

FT.com - Financial Markets
Mar 10, 2026

There is no return to normal on oil any time soon
Even if the Iran war ends quickly, governments will need to prioritise security of supply

FT.com - Financial Markets
Mar 10, 2026

Citadel and ExodusPoint stung by Iran war turmoil
Multi-manager hedge funds have suffered losses amid huge volatility in oil and bond prices

FT.com - Financial Markets
Mar 10, 2026

America has become an agent of chaos in world energy markets
A succession of US foreign policy choices has destabilised the oil industry

FT.com - Financial Markets
Mar 10, 2026

Odey's ex-CEO labelled him a ‘sex pest', court told
Tribunal kicks off hearing of hedge fund founder's appeal against UK financial watchdog

FT.com - Financial Markets
Mar 10, 2026

Stablecoin = Fracturedcoin
If stablecoins are the future of money, the BIS reckons the future looks a bit rubbish

FT.com - Financial Markets
Mar 10, 2026

Inside one of the wildest days the oil market has ever seen
How one London trading floor coped with a record swing in prices

FT.com - Financial Markets
Mar 10, 2026

Japan locks in rare earths supply in deal with Australian miner Lynas
Contract's price guarantee reflects growing push by countries outside China to safeguard flows of key materials

FT.com - Financial Markets
Mar 10, 2026

The impact of the new energy crisis
As yet another supply shock hits, central banks will hope its duration is short

FT.com - Financial Markets
Mar 10, 2026

How Shell's clean energy bet in Brazil fell into crisis
A joint venture between the UK oil major and a Brazilian biofuels producer is saddled with $11bn in debt

FT.com - Financial Markets
Mar 10, 2026

Bill Ackman's Pershing Square files for US IPO
Listing of new closed-end fund on the NYSE would hand backers shares in management company

FT.com - Financial Markets
Mar 10, 2026

ExxonMobil joins corporate migration to Texas amid investor activism battle
Oil giant said it expects to benefit from more ‘reasonable, productive decisions' in Lone Star state

FT.com - Financial Markets
Mar 10, 2026

Saudi Aramco to restore 70% of normal crude oil exports within days
Chief executive says group will rapidly step up shipments from Red Sea port to avoid Strait of Hormuz

FT.com - Financial Markets
Mar 10, 2026

Saudi Aramco warns of ‘catastrophic consequences' if Iran war drags on
Oil producer is racing to restore 70% of normal shipments, chief executive says

FT.com - Financial Markets
Mar 10, 2026

The thing that everyone expected to happen has happened
Trump wants the war to be over

FT.com - Financial Markets
Mar 10, 2026

Convenient dollars, inconvenient Treasuries?
Special money

FT.com - Financial Markets
Mar 10, 2026

Europe considers tapping oil reserves as G7 seeks to smother energy crisis
Also in this newsletter: Ukraine's pipeline stand-off leaves Brussels deeply frustrated

FT.com - Financial Markets
Mar 10, 2026

Oil price surge puts Takaichi's honeymoon at risk
Reliance on energy imports exposes Japan to volatility and could delay interest rate rises

FT.com - Financial Markets
Mar 10, 2026

Board games maker to be first private company traded under UK's ‘Pisces' system
‘Outsmarted' maker QPlay will use trading platform operated by JP Jenkins ahead of London Stock Exchange's first foray

FT.com - Financial Markets
Mar 10, 2026

Can the G7 release enough oil to calm the market?
Analysts are sceptical that releasing strategic reserves would solve the problems in the Gulf

FT.com - Financial Markets
Mar 10, 2026

What the UK should learn from this energy crisis
There is little doubt that the windfall tax has hit investment in the North Sea

FT.com - Financial Markets
Mar 10, 2026

Hegseth says US hitting Iran with ‘most intense day' of strikes so far
Brent crude slides and equities bounce after US president suggested conflict could end ‘very soon'

FT.com - Financial Markets
Mar 10, 2026

Oil slides as Trump says war will end ‘very soon'
Brent crude back to $94 after surging to nearly $120 on Monday

FT.com - Financial Markets
Mar 10, 2026

Oil swings as traders parse mixed messages on Strait of Hormuz
White House says US energy secretary's claim that navy escorted tanker through key waterway was wrong

FT.com - Financial Markets
Mar 10, 2026

Iran rules out ceasefire as Israel says it is ‘not done yet'
Brent crude slides and equities bounce after US president suggested conflict could end ‘very soon'

FT.com - Financial Markets
Mar 10, 2026

Europe and Asia battle for LNG as Iran war chokes supply
Ship tracking data shows gas carriers switch course as prices rise

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