FirstFT: Chinese government bonds resilient amid global debt sell-off
Also in today’s newsletter: SpaceX kicks off largest IPO process in history, and Saudi Arabia bridles at Trump’s handling of Iran war
Economic news
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LNG powerhouse Australia leans on export strength to weather energy shock
World’s third-largest supplier hopes Asia trade will offer leverage for much-needed fuel and diesel supplies
SpaceX filing kicks off largest IPO process in history
Confidential SEC submission sets up summer listing
US secures rare earths supply as part of $565mn loan to Brazil mining group
Investment chief at US International Development Finance Corporation says agreement includes offtake controls
Private sector hiring totaled 62,000 in March, better than expected, ADP says
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.