▆ America’s rare earth delusion
China’s critical minerals chokepoint has been hiding in plain sight for decades
▆ Apollo’s Marc Rowan says Europe ‘at war with itself’ over finance regulation
Private capital group chief tells FT regulators have yet to catch up with political drive to boost competitiveness
▆ One of the UK’s growth-boosting reforms is actually working
Tweaks to lending rules have made it easier for first-time buyers to get a foot on the housing ladder
▆ UK defence suppliers tap fintechs to scale up production
Smaller groups seek alternative funding with traditional banks held back by ESG lending rules
▆ Chinese tech giants pause stablecoin plans after Beijing steps in
Regulators raise concerns about the rise of privately controlled currencies
▆ Could AI help identify skill in fund managers?
As the market bubble builds, research shows progress in spotting investors who produce fundamental value
▆ Royal London and M&G to enter Europe’s active ETF market
Asset managers keen to expand into fast-growing market
▆ HMRC steps up pursuit of unpaid tax on crypto gains
UK tax authority more than doubles the number of ‘nudge’ letters sent to investors
▆ The remarkable redemption of St James’s Place
UK’s largest wealth manager has staged a turnaround and is attempting to attract advisers despite scrapping perks and fees
▆ Inside the ransomware romance that stunned investigators
How a mysterious tip-off led investigators to uncover the inner workings of a highly unusual hacking operation
▆ US stocks steady as investors shrug off banking jitters
Markets recover after Donald Trump suggests heightened tariffs on Chinese imports may not last
▆ A Fomo rush is resetting corporate bonds
Only the wilfully ignorant can fail to see that risk-taking is running at an alarmingly aggressive pace
▆ A little peep inside one of London’s hot new quant powerhouses
Quadrature Capital had a very good 2024
▆ Gilts stage rally as Reeves looks at tax rises and spending cuts
UK 10-year government borrowing costs see biggest weekly fall since April
▆ Proxy advisers grapple with ‘real risk’ from US ESG backlash
Glass Lewis chief explains radical move to drop benchmark recommendations
▆ Credit cockroaches
How bad is the problem?
▆ Holding gold hasn’t worked. Buy gold.
Goldman Sachs survey 75 years of asset returns to bring you views you can use
▆ Venture Global seeks to quell client suspicions over LNG contracts
US exporter wrote to customers affirming commitment to deliver on contractual obligations following arbitration loss
▆ Investors warn on leveraged loan risks after First Brands collapse
Rapid growth of $2tn market has led to hastily done deals and hurried due diligence, say fund managers
▆ If we’re being encouraged to own shares, we must also learn how to hedge them
Luckily, it has never been cheaper or easier for retail investors to access the power of options
▆ Silverines cash in on a dysfunctional market
Come the end of this year, demand will have overtaken annual supply for five years on the trot
▆ Swiss court ruling has left a big unknown over Credit Suisse saga
Decision on wipeout of $17bn of AT1 bonds raises questions over impact on UBS
▆ How dozens of Trump’s donors have benefited from his second term
While previous presidents have introduced policies that have helped supporters, such incidents are now more common and overt
▆ Google’s data centre push in India exposes gaps in AI safeguards
Also in this newsletter: Silver funds hit pause
▆ Banks tap Fed lending facility in sign of short-term market strains
Institutions borrow $15bn from standing repo facility in space of two days in sign of liquidity pressures

Click on any headline to see the full article on the Financial Times website, FT.com.