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 NEWS: FT.COM - FINANCIAL MARKETS
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   NEWS: FT.COM - FINANCIAL MARKETS
FT.com - Financial Markets
Feb 23, 2026

US software and private capital shares hit with fresh wave of selling
Wall Street banks also slide as fears over AI disruption mount

FT.com - Financial Markets
Feb 23, 2026

Trump's ‘Board of Peace' explores stablecoin for Gaza
Proposal to launch cryptocurrency pegged to US dollar comes after cash supply was decimated during Israeli offensive

FT.com - Financial Markets
Feb 23, 2026

Novo Nordisk shares drop 15% after poor trial results for new obesity drug
Once-a-week injection achieved less weight loss than rival treatment

FT.com - Financial Markets
Feb 23, 2026

Blue Owl is spoiling private credit's sales pitch
US fund manager has become a warning of what happens when exotic products do not go to plan

FT.com - Financial Markets
Feb 23, 2026

Stocks slip and gold gains as global trade faces new Trump tariff threat
Dollar dips after US president imposes 15% duty following Supreme Court decision to strike down previous policy

FT.com - Financial Markets
Feb 23, 2026

Chevron in talks for stake in giant Iraq oilfield after Lukoil sanctions
US major says it is negotiating for West Qurna 2, which produces 10% of Iraq's crude

FT.com - Financial Markets
Feb 23, 2026

Gold rises and stocks fall as global trade faces new Trump tariff threat
Dollar also dips after US president imposes 15% duty following Supreme Court decision to strike down previous policy

FT.com - Financial Markets
Feb 23, 2026

AI threatens enterprise software companies, says Franklin Templeton CEO
Jenny Johnson's warning comes amid a sell-off in buyout shops and private credit lenders that have bet heavily on tech

FT.com - Financial Markets
Feb 23, 2026

US universities lean on endowments as costs rise and funding cuts bite
Schools increasingly rely on investment proceeds to pay for operations amid squeeze on campus budgets

FT.com - Financial Markets
Feb 23, 2026

Novo Nordisk shares drop after poor trial results for new obesity drug
Once-a-week injection achieved weight loss of 23%, which is lower than some existing treatments

FT.com - Financial Markets
Feb 23, 2026

Gold rises and dollar slides as global trade faces new Trump tariff threat
US president imposes 15% duty after Supreme Court strikes down previous policy

FT.com - Financial Markets
Feb 23, 2026

Gold jumps and dollar slides as global trade faces new Trump tariff threat
US president plans 15% duty after Supreme Court strikes down previous regime

FT.com - Financial Markets
Feb 23, 2026

Private credit has a structural problem
Plus, tariff uncertainly gets worse

FT.com - Financial Markets
Feb 23, 2026

Blue Owl and private credit's structural problem
Troubles at New York-based asset manager are making investors nervous about the wider industry

FT.com - Financial Markets
Feb 23, 2026

Does Europe need more private credit?
Maybe it does, maybe it doesn't. We're just happy to see the data.

FT.com - Financial Markets
Feb 23, 2026

Schroders will keep wealth manager Cazenove
Plus, Saba's offer for Blue Owl funds, European inflows soar and Seurat at the Courtauld

FT.com - Financial Markets
Feb 23, 2026

F&G sells life reinsurer to create company led by Blackstone veteran
Ancient Financial enters crowded market to manage assets for US retirees

FT.com - Financial Markets
Feb 23, 2026

Is the sale of Schroders really so bad for the City?
iShares' sale to BlackRock holds lessons for the UK

FT.com - Financial Markets
Feb 23, 2026

Schroders chief vows to keep wealth manager Cazenove after £9.9bn takeover
Richard Oldfield says there is ‘no reason to think' the business will be sold after deal with US fund manager Nuveen

FT.com - Financial Markets
Feb 23, 2026

Gold enters the storybook stage
Its price is now far above levels suggested by fundamental forces, but it's hard to see what might stop its ascent

FT.com - Financial Markets
Feb 23, 2026

Data centres seek credit ratings to unlock billions in funding for AI push
Agencies are rushing to rate the debt of projects still under construction

FT.com - Financial Markets
Feb 23, 2026

Korean ‘ants' pile into leveraged funds to profit from stock market boom
Government has encouraged retail traders to buy domestic equities

FT.com - Financial Markets
Feb 23, 2026

Lebanon eyes sale of gold reserves to rescue banks and the economy
Central bank has about $45bn worth of bullion but wary citizens are sceptical about selling it

FT.com - Financial Markets
Feb 22, 2026

Japan mines for deep sea rare earths to counter China's chokehold
Ocean floor resources could help protect supply chains from Beijing's export bans

FT.com - Financial Markets
Feb 22, 2026

Japan mines Pacific Ocean mud for rare earths to counter China's chokehold
Ocean floor resources could help protect supply chains from Beijing's export bans

FT.com - Financial Markets
Feb 22, 2026

Japan mines Pacific Ocean mud to counter China's rare earths chokehold
Ocean floor resources could help protect supply chains from Beijing's export bans

FT.com - Financial Markets
Feb 22, 2026

Have investors moved on from AI disruption scares?
Market Questions is the FT's guide to the week ahead

FT.com - Financial Markets
Feb 22, 2026

Greece eyes central role in Europe's post-Russia gas market
US LNG arriving at entry points in Greece can be exported by pipeline to the Balkans and beyond

FT.com - Financial Markets
Feb 22, 2026

Earnings and AI fears drive ‘extreme' churn in US stock market
Gap between large moves in individual equities and subdued index performance hits highest since global financial crisis

FT.com - Financial Markets
Feb 21, 2026

Year of the equal-weighted S&P 500?
The tide has turned against the cap-weighted index

FT.com - Financial Markets
Feb 21, 2026

The haven asset status of US Treasuries is eroding
Trump has come close to exploding one of the great myths of the investment world

FT.com - Financial Markets
Feb 21, 2026

Britain lacks a Magnificent Seven, but at least it has a meme stock
Raspberry Pi has more substance than some former retail-investor darlings

FT.com - Financial Markets
Feb 20, 2026

Hedge fund Saba offers to buy stakes in Blue Owl funds at steep discount
Boaz Weinstein's investment vehicle launches offer as private credit group is seeking to shore up investor confidence

FT.com - Financial Markets
Feb 20, 2026

US GDP growth falls sharply to 1.4% rate in fourth quarter
Figure hit by drop in government spending during federal shutdown comes in far below analysts' expectations

FT.com - Financial Markets
Feb 20, 2026

First shares set to trade on London's new private markets platform
Investment company Tradable Private Equity to make first transaction on ‘Pisces'

FT.com - Financial Markets
Feb 20, 2026

The giant void of nothingness where US financial regulation used to sit
‘There has never been a better time to be a crook'

FT.com - Financial Markets
Feb 20, 2026

Tides of tax drive high earners to offshore bonds
Higher rates and frozen thresholds are pushing more higher earners towards the niche investment vehicle

FT.com - Financial Markets
Feb 20, 2026

Should fund managers listen to ‘investor assemblies'?
European pension funds try an approach pioneered in ancient Greece

FT.com - Financial Markets
Feb 20, 2026

Email blunder exposes $90bn Russian oil smuggling ring
Apparent network of companies using same server includes little-known group that has become country's largest oil exporter

FT.com - Financial Markets
Feb 20, 2026

Nobody knows very much about where alpha comes from
Statistics Theory

FT.com - Financial Markets
Feb 20, 2026

Kwasi Kwarteng is focused, ‘orange pilled' and ready to start bitcoinmaxxing
Checking in on the ex-chancellor

FT.com - Financial Markets
Feb 20, 2026

Investors pour record sums into European stocks
Inflows on track for all-time high in February as global fund managers seek alternatives to expensive US tech shares

FT.com - Financial Markets
Feb 20, 2026

Zambia calls for domestic debt to be part of major indices
Finance minister's request highlights power of benchmark providers and follows strong demand from foreign investors

FT.com - Financial Markets
Feb 20, 2026

The fund manager pay gap persists
Even in a competitive, performance-driven industry, female and minority managers are paid less and are more likely to be fired

FT.com - Financial Markets
Feb 20, 2026

Row brews over ‘savvy squirrel' campaign to drive UK investment
Push to support chancellor's ‘nation of investors' plan divides financial services industry

FT.com - Financial Markets
Feb 20, 2026

How the UK accidentally shackled itself to Mastercard
Instead of wresting power from a banking oligopoly, the UK's payments regulator ended up strengthening a duopoly

FT.com - Financial Markets
Feb 20, 2026

Dear ChatGPT, please construct me an optimal portfolio
AI is already smarter and more knowledgeable than all financial advisers

FT.com - Financial Markets
Feb 20, 2026

Aggreko owners target $12bn valuation with US listing or stake sale
Power supplier was bought for £2.3bn five years ago by TDR Capital and I Squared

FT.com - Financial Markets
Feb 19, 2026

‘Retribution': Trump family's Mar-a-Lago crypto bash doubles as a show of force
World Liberty Financial draws bankers, celebrities and digital market tycoons to US president's Florida resort

FT.com - Financial Markets
Feb 19, 2026

Meta cuts staff stock awards for a second straight year
Most employees will receive 5% less in equity rewards after bigger cuts a year before

FT.com - Financial Markets
Feb 19, 2026

Klarna stock sinks 27% after bad loan costs soar
Swedish fintech's share price has plummeted by two-thirds since September IPO

FT.com - Financial Markets
Feb 19, 2026

Private credit stocks slide after Blue Owl halts redemptions at fund
Investment group's decision sends shivers through industry

FT.com - Financial Markets
Feb 19, 2026

How low can the dollar go?
Will world markets keep dumping the greenback?

FT.com - Financial Markets
Feb 19, 2026

Saddling up for the Horse market
Investing through 2026, the feng shui way

FT.com - Financial Markets
Feb 19, 2026

Metals traders will benefit from a fractured world
Tariffs have supercharged turbulence in commodity markets

FT.com - Financial Markets
Feb 19, 2026

Klarna stock collapses after sinking to $273mn loss
Swedish fintech's share price has plummeted by two-thirds since September IPO

FT.com - Financial Markets
Feb 19, 2026

Repsol aims to triple Venezuelan oil output after securing US permit
Spanish energy group expects production to soar over the next three years

FT.com - Financial Markets
Feb 19, 2026

How Hamilton Lane extracted more money from its ‘NAV squeezing'
We read proxy statement so you don't have to

FT.com - Financial Markets
Feb 19, 2026

Klarna swings to $26mn loss in fourth quarter
Swedish fintech's shares have sunk since September's IPO

FT.com - Financial Markets
Feb 19, 2026

The ‘holy grail' of US climate regulation goes to court
Lawsuit challenges the Trump administration's decision to rescind a landmark environmental ruling

FT.com - Financial Markets
Feb 19, 2026

Dollar doldrums
We don't believe in regime change, yet

FT.com - Financial Markets
Feb 19, 2026

AI at the Olympics and Trump's rare earths push
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

FT.com - Financial Markets
Feb 19, 2026

Private equity spies a way to cut the cost of Electronic Arts' buyout
EA's owners have invoked a ‘defeasance' clause in the bond documentation

FT.com - Financial Markets
Feb 19, 2026

Are prediction markets superior to financial markets?
When it comes to forecasting Fed rate decisions, the answer is narrowly ‘yes'

FT.com - Financial Markets
Feb 19, 2026

Why UK small-caps might benefit from global shift by investors
An undervalued and overlooked sector is starting to draw more support

FT.com - Financial Markets
Feb 19, 2026

The crypto-loving billionaire and the $400mn ‘perfect fraud'
Businessman Ricardo Salinas thought he was dealing with financial royalty, but found himself in a transatlantic legal fight

FT.com - Financial Markets
Feb 19, 2026

ETFs push at SEC limit in rush to buy private stocks and debt
Two funds build exposure to Elon Musk's SpaceX that exceeds 15%

FT.com - Financial Markets
Feb 19, 2026

Hedge funds in face-off over debt of European chemicals casualty
Kem One's bonds have cratered as some funds short them and others ply it with more debt

FT.com - Financial Markets
Feb 18, 2026

Blue Owl permanently halts redemptions at fund aimed at retail investors
New York investment group backtracks from earlier plan to reopen to withdrawals

FT.com - Financial Markets
Feb 18, 2026

Texas pipeline operator prepares sale process as gas demand booms
Kinetik Holdings receives takeover interest from Occidental Petroleum-backed Western Midstream Partners

FT.com - Financial Markets
Feb 18, 2026

UK should replace fiscal rules with ‘traffic light' system, says think-tank
Under proposal, OBR watchdog would produce forecasts for up to 10 indicators to overhaul ‘dysfunctional' policymaking

FT.com - Financial Markets
Feb 18, 2026

Financial Groundhog Day came late this year
Goodbye 2025; hello, 2026

FT.com - Financial Markets
Feb 18, 2026

Senegal has a mystery Togolese bond bid
From Lomé, with CFA franc love

FT.com - Financial Markets
Feb 18, 2026

The software sell-off, part II
A new kind of competition?

FT.com - Financial Markets
Feb 18, 2026

Flipping out over the latest attempt to change sovereign bond contracts
When legal creativity collides with reality

FT.com - Financial Markets
Feb 18, 2026

Carmakers to win reprieve in £11bn UK motor finance redress scheme
Regulator's planned climbdown follows lobbying by banks and car groups with in-house lenders

FT.com - Financial Markets
Feb 18, 2026

Church of England pension fund tempts an earthly reckoning
The fund is in surplus after a period of high interest rates, but it is heavily invested in risky assets

FT.com - Financial Markets
Feb 18, 2026

Global divisions over energy policy widening, IEA chief says
Fatih Birol warns that climate change is ‘moving down the international policy agenda'

FT.com - Financial Markets
Feb 18, 2026

Eni plots return to oil and gas trading as it eyes rivals' profits
Italian energy major explores joint venture with independent commodity houses

FT.com - Financial Markets
Feb 18, 2026

Brevan Howard's crypto fund slumped 30% in 2025 amid bitcoin rout
Hedge fund manager's digital asset strategy stung by ‘terrible year' for cryptocurrencies

FT.com - Financial Markets
Feb 18, 2026

If US regulators won't hold auditors to account, will the courts?
Trio of cases provides rulings on how responsible accountants are for spotting fraud and errors

FT.com - Financial Markets
Feb 18, 2026

US copper problem is processing, not supply, study finds
New data highlights the need for processing of the metal vital for power grids and electronics, rather than stockpiling

FT.com - Financial Markets
Feb 18, 2026

British beef farmers face double hit from changing climate
Relentless rain keeps cattle indoors, months after summer drought stopped them storing away enough hay for winter

FT.com - Financial Markets
Feb 17, 2026

Trump escalates assault on US consumer protection agency
White House Council of Economic Advisers report estimates regulatory burden has cost consumers more than $237bn

FT.com - Financial Markets
Feb 17, 2026

Behold, the story of the Fed balance sheet in a single chart
More Fed history (sorry), briefly put

FT.com - Financial Markets
Feb 17, 2026

Have we hit peak dollar bearishness?
No respect for the greenback

FT.com - Financial Markets
Feb 17, 2026

Canada's oil industry pivots to Asia as US trade tensions simmer
Sales to China more than quadrupled last year and Ottawa is now looking to India

FT.com - Financial Markets
Feb 17, 2026

US investment grade credit markets care about the tech wreck, just not very much
Less tech to wreck

FT.com - Financial Markets
Feb 17, 2026

Investors expect ‘Warsh trade' to weaken dollar, BofA survey shows
Majority of fund managers think Trump's nominee to run Federal Reserve will spark further declines for US currency

FT.com - Financial Markets
Feb 17, 2026

Global regulators fret about banks' rising use of credit risk transfers
Barclays among biggest users of transactions that pose new dangers for financial system

FT.com - Financial Markets
Feb 17, 2026

The housing market is not getting much better
And neither is inflation

FT.com - Financial Markets
Feb 17, 2026

US markets and the economy are heading into uncharted territory
The Fed might cut rates despite a healthy economy and a weakening dollar

FT.com - Financial Markets
Feb 17, 2026

Big Oil executives under pressure to spell out growth plans
After years focused on payouts and discipline, energy majors are being pressed on the longevity of their reserves

FT.com - Financial Markets
Feb 17, 2026

Bank CEOs party like it's 2007
Wall Street bosses' pay soared last year as deregulation and a surge in M&A boosted bank stocks

FT.com - Financial Markets
Feb 16, 2026

World's largest miner BHP profits from pivot towards copper
Red metal accounts for more than half of underlying core earnings

FT.com - Financial Markets
Feb 16, 2026

FirstFT: Fund managers take most bearish position on dollar for a decade
Also in today's newsletter: UK proposes audit changes to attract Chinese listings, and Japan reports weak GDP data

FT.com - Financial Markets
Feb 16, 2026

EVs must be 70% made in the EU to qualify for state support, Brussels says
Draft legislation on local content by European Commission seeks to protect bloc's manufacturing industries

FT.com - Financial Markets
Feb 16, 2026

Brussels to tie EV subsidies to 70% local content rule
Draft ‘Made in Europe' rule seeks to protect bloc's carmakers from Chinese competition

FT.com - Financial Markets
Feb 16, 2026

Fed set to loosen US bank rules in attempt to boost mortgage lending
Central bank plans to ease capital requirements in an effort to shift home lending back to banks, top official says

FT.com - Financial Markets
Feb 16, 2026

Software group Pinewood plummets after AI sell-off scuppers £575mn deal
Apax Partners abandons offer for FTSE 250 company over ‘challenging market conditions'

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