Latest
US to sue Visa over debit card fees
The US Justice Department is preparing to file a lawsuit against the payments giant over alleged anticompetitive behaviour.
- 1 hr ago
- Lauren Hirsch and David McCabe
China unleashes stimulus blitz to hit annual growth goal
The central bank announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since at least 2020. It also cut a key policy rate.
- 1 hr ago
- Bloomberg News
What to know about Hezbollah (it’s more than just militant group)
Hezbollah, backed by Iran, is one of the most powerful militant groups in the Middle East and its initial manifesto listed the destruction of Israel as a key goal.
- 1 hr ago
- Anika Arora Seth, Adam Taylor, Victoria Bisset and Sammy Westfall
Trump has a radical economic plan. Critics say it does not add up
The Republican candidate is promising sweeping new tariffs, including a 60pc levy on Chinese goods. Experts warn they would cause huge damage.
- Colby Smith, Claire Jones and James Politi
BYD shrugs off planned US ban of Chinese smart car software
Liu Xueliang, general manager of BYD’s auto sales division for Asia-Pacific, said the Chinese EV giant had turned its attention to markets with receptive EV policies.
- Updated
- Jessica Sier
- Updated
- Middle East tensions
Thousands flee in Lebanon as Israeli strikes kill 500
Benjamin Netanyahu warned civilians to “get out of harm’s way” as the attacks caused the largest one-day death toll for decades.
- Updated
- Maayan Lubell, Maya Gebeily and Timour Azhari
Opinion & Analysis
A genocide is under way in Sudan yet the world is silent
When an Arab militia rampaged through Maryam Suleiman’s village in the Darfur region of Sudan last year, “so many men were killed, like grains of sand”.
Contributor
Elon Musk could be biggest loser of Biden’s Chinese car ban
Gina Raimondo, the US commerce secretary, raised the terrifying scenario of a rogue state controlling America’s cars remotely.
Contributor
Why it’s dangerous to be super rich in China
The number of billionaires has fallen 35 per cent in China, and corporate leaders may be devaluing their wealth, amid fears the state is targeting the rich.
Writer and investor
Israel’s deadly gamble is looking even riskier
The intensifying strikes on Lebanon show how determined Tel Aviv is to stop Hezbollah’s cross-border attacks, and how far it is from achieving that goal.
Contributor
From the Financial Times
Trump has a radical economic plan. Critics say it does not add up
The Republican candidate is promising sweeping new tariffs, including a 60pc levy on Chinese goods. Experts warn they would cause huge damage.
- Colby Smith, Claire Jones and James Politi
- Opinion
- Inside China
Why it’s dangerous to be super rich in China
The number of billionaires has fallen 35 per cent in China, and corporate leaders may be devaluing their wealth, amid fears the state is targeting the rich.
- Ruchir Sharma
- Analysis
- Monetary policy
Did central banks get the inflation crisis right?
Rate-cutting cycles in recent decades – such as in the early 2000s, or during the financial crisis of 2007 – have tended to be associated with steep economic downturns.
- Sam Fleming, Colby Smith and Olaf Storbeck
More From Today
- Analysis
- Genocide
A genocide is under way in Sudan yet the world is silent
When an Arab militia rampaged through Maryam Suleiman’s village in the Darfur region of Sudan last year, “so many men were killed, like grains of sand”.
- Nicholas Kristof
- Analysis
- Electric vehicles
Elon Musk could be biggest loser of Biden’s Chinese car ban
Gina Raimondo, the US commerce secretary, raised the terrifying scenario of a rogue state controlling America’s cars remotely.
- Robert Mendick
- Opinion
- Inside China
Why it’s dangerous to be super rich in China
The number of billionaires has fallen 35 per cent in China, and corporate leaders may be devaluing their wealth, amid fears the state is targeting the rich.
- Ruchir Sharma
- Analysis
- Middle East tensions
Israel’s deadly gamble is looking even riskier
The intensifying strikes on Lebanon show how determined Tel Aviv is to stop Hezbollah’s cross-border attacks, and how far it is from achieving that goal.
- Patrick Kingsley
- Opinion
- US Votes 2024
Cranks control Trump’s base and that’s a problem (for him)
A second Trump administration would be full of people like J.D.Vance, pursuing their own agendas at every level. The former president is denying a reality of his second term that everyone else can plainly see.
- Ezra Klein
- Opinion
- US Votes 2024
Without his father’s support, Trump would have been nothing
A new book exposes Donald Trump’s financial failures via the sheer accumulation of detail. It also raises a bigger question about the “fake it ’til you make it” ethos of modern America.
- Bethany McLean
Kashkari backs two more Fed rate cuts
Federal Reserve Bank of Minneapolis president Neel Kashkari says he expects two more quarter-point rate cuts from the Fed this year.
- Catarina Saraiva
Yesterday
Aid worker’s family lash Israel’s ‘careless disregard’ for her death
The family of Zomi Frankcom are backing Penny Wong’s global push for better protection of aid workers in combat zones.
- Andrew Tillett
Israel urges civilians to flee Hezbollah strongholds in Lebanon
The warning came shortly after Israel began what it said was a new round of “extensive strikes” across Lebanon – and suggested it was preparing another round of attacks.
- Melanie Lidman and Bassem Mroue
Iran’s Guards ban communications devices after strike on Hezbollah
Iran is concerned about infiltration by Israeli agents, including Iranians on Israel’s payroll, and a thorough investigation of personnel has already begun.
- Samia Nakhoul
- Analysis
- Israeli-Palestinian conflict
Israel, Hezbollah on the brink of war unless someone blinks
Almost a year after the October 7 terror attack, Israel’s real war might be about to begin.
- Andrew Tillett
China stimulus hopes rise as PBoC cuts rate, flags briefing
The People’s Bank of China lowered the 14-day reverse repurchase rate, catching up with reductions initiated in July, and flagged further moves on Tuesday.
- Wenjin Lv
Trump, Harris to turbocharge economic pitches at duelling events
The economy has become an election focal point, with the candidates offering a slew of competing proposals to push tax breaks, credits and other programs.
- Alicia Diaz, Jennifer Epstein and Josh Wingrove
- Opinion
- East Asia Forum
China’s had deflation before. This is what it needs to do this time
Balance sheet issues were central to the contraction in previous deflationary episodes, and the resolution of these was key. Policymakers should focus on that.
- Huw McKay
- Opinion
- North Korea diplomacy
Why it’s dangerous to ignore Kim Jong-un
As he watches the Americans spew vitriol at one another in the coming months, North Korea’s leader could decide that the US is distracted, and set his peninsula on fire.
- Andreas Kluth
- Analysis
- Monetary policy
Did central banks get the inflation crisis right?
Rate-cutting cycles in recent decades – such as in the early 2000s, or during the financial crisis of 2007 – have tended to be associated with steep economic downturns.
- Sam Fleming, Colby Smith and Olaf Storbeck
Trying to make sense of the US election? Spare a thought for our diplomats
Australian policymakers have an apprehensive wait to see whether they will be dealing with a Trump or Harris administration.
- James Curran
This Month
Israel, Hezbollah launch bombing blitz as region ‘on the brink’
Israel says it struck around 400 targets in Lebanon, while Hezbollah targeted a key Israeli airbase, in the most intense bombardment in almost a year.
- Timour Azhari and Miro Maman
Zelensky to push Biden for advanced weapons to end war
The Ukraine president will meet Joe Biden in Washington this week, and will ask him to provide an official invitation to join NATO.
- Daryna Krasnolutska
Macron appoints right-wing cabinet to end paralysis
The government still faces two challenges in the coming weeks: the risk of a no-confidence vote and a tight budget deadline.
- Roger Cohen and Aurelien Breeden
