From metal to kimchi, South Korean exporters face flood of Chinese language rivals

[ad_1] Unlock the Editor’s Digest at no cost Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication. South Korean exporters of merchandise starting from metal and petrochemicals to textiles and cosmetics are struggling to compete with a glut of products from Chinese language rivals, as the results of overcapacity and … Read more

Intel outlines plans to chop prices and increase chip enterprise in turnaround push

[ad_1] Unlock the Editor’s Digest without spending a dime Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. Intel unveiled cost-cutting and restructuring measures, together with a two-year pause on deliberate chip crops in Germany and Poland, as chief govt Pat Gelsinger seeks to show across the chipmaker’s flagging fortunes. … Read more

Suspected Donald Trump gunman sought — and failed — to assist Ukraine struggle Russia

[ad_1] Unlock the US Election Countdown publication without cost The tales that matter on cash and politics within the race for the White Home Ryan Routh, the suspect in an obvious assassination try on Donald Trump on Sunday, was one in all hundreds of international volunteers who headed to Ukraine after Russia’s full-scale invasion in … Read more

Swedish PM guidelines out authorities rescue of troubled Northvolt

[ad_1] Unlock the Editor’s Digest without spending a dime Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication. Sweden’s authorities has dominated out a monetary rescue of Northvolt because the nation’s inexperienced battery start-up fights for survival. Ulf Kristersson, the centre-right prime minister, mentioned on Monday that Sweden needed to … Read more

Thierry Breton resigns and pulls out of race for European Fee

[ad_1] Unlock the Editor’s Digest at no cost Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. France’s European commissioner for the interior market has resigned and withdrawn his candidacy to serve in a future European Fee, claiming president Ursula von der Leyen supplied Paris a extra highly effective job … Read more

India’s prime shadow financial institution lists housing finance arm in blockbuster $782mn IPO

[ad_1] Keep knowledgeable with free updates Merely signal as much as the Indian enterprise & finance myFT Digest — delivered on to your inbox. Bajaj Finance, India’s largest non-bank lender, floated its housing finance arm within the nation’s greatest preliminary public providing to this point this 12 months, drawing robust investor curiosity attributable to buoyant … Read more

Argentina’s Javier Milei guarantees to get rid of price range deficit in 2025

[ad_1] Unlock the Editor’s Digest totally free Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication. Argentina’s libertarian President Javier Milei has introduced that he intends to get rid of the price range deficit completely subsequent 12 months, doubling down on guarantees of fiscal self-discipline regardless of a recession. Milei … Read more

Block hostile Taiwan financial institution takeover for sector’s sake, says rival bidder

[ad_1] Unlock the Editor’s Digest without cost Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. The flexibility of Taiwan’s banking sector to help the globalisation of the nation’s highly effective tech corporations may depend upon the end result of its largest-ever monetary sector takeover battle, in accordance with one … Read more

Reside information: the week forward

[ad_1] The week forward is a big one for central banks on either side of the pond, with the Federal Reserve and the Financial institution of England every set to announce rate of interest selections. First up on Wednesday is the Fed, the place it could appear the query is now not if there can … Read more