America’s risky bid to make Argentina great again
Treasury secretary Scott Bessent is taking a big gamble with his $20bn swap line to prop up a Trump ally
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Blackstone-backed theme park giant under pressure after debt sell-off
Struggles at Legoland owner Merlin Entertainments are raising the prospect of a debt restructuring
Can Fidelity keep its grip on America’s investments?
A vast distribution network helped the asset manager navigate the shift to passive investing, but new challenges are looming
Australia’s ‘rock star’ rare earth miners profit from US-China tensions
Canberra emerges as key partner with Washington to counter Beijing’s critical mineral supply chain
Overseas renminbi lending surges as China steps up campaign to de-dollarise
Beijing’s push for renminbi trade and investment will speed move from dollar-based to multi-polar monetary system, analysts say
FirstFT: Indian and Chinese refineries pause most purchases of Russian oil
Also in today’s newsletter: China’s leadership vows push for ‘self-reliance’ in tech and Trump pardons Binance founder