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[EN] Financial Times

Robot nation: China’s bid to beat its demographic decline

The country’s workforce is set to fall to 300mn by the end of the century. Beijing wants humanoids to narrow the labour gap

Letter: BoE’s over-cautious regime may choke stablecoin innovation

From Janine Hirt, CEO of Innovate Finance, London EC2, UK

Letter: UK should step on the gas in the North Sea

From Christopher Smallwood, London SW20, UK

Letter: How Europe can talk trade in multiple tongues

From Philippe Huberdeau, Secretary General of Scale-Up Europe, Paris, France

Letter: Shared ownership is the key to future AI security

From Florian Douetteau, Co-founder and CEO of Dataiku, London EC2, UK

A decade has passed since the UK left the EU

‘We should start to feel the benefits soon’

US banks would lose $700bn in economic crash, Fed stress tests find

Several Wall Street lenders boost investor payouts after receiving pass grades

Artificial Intelligence in the Real Economy: A Visual Guide

A new series of visual explainers looking at how AI is transforming different industries

Trump demands ‘loyalty’ from Nato allies and slams lack of support in Iran war

US president singles out alliance members, including the UK, after meeting secretary-general Mark Rutte

What Ambani’s deep-tech ambitions reveal about India’s AI limits

Country still needs to play catch-up if it is to become self-reliant in the use of the technology

Higher tax and lower earnings erode financial return for UK graduates

Institute for Fiscal Studies says lifetime gains from degree will be third lower than it estimated in 2020

Bain Capital to buy majority stake in VW’s marine engine unit in €7.4bn deal

Private equity firm sees off bids from rivals as German carmaker looks to cut costs and debt

FT Crossword: Number 18,409

White House seeks $88bn from Congress as Trump clashes with Republicans

Request comes hours after lunch between the US president and GOP lawmakers descends into shouting match

Micron posts 15-fold profit surge as AI companies clamour for chips

Shares rally in after-hours trading as chipmaker forecasts sustained demand for computer memory

FirstFT: Anthropic says Alibaba ‘illicitly’ accessed Claude

Also in today’s newsletter, China detains two Japanese nationals on smuggling charges, and Venezuela to reveal $240bn debt pile

IOC to pay Olympians for the first time in its history

Governing body sets up $140mn fund covering Summer and Winter Games to disburse grants to every participant

Anthropic accuses Alibaba of obtaining ‘illicit’ access to Claude

AI company says the Chinese ecommerce giant used fake accounts to ‘extract’ chatbot’s capabilities

Qualcomm reveals Meta as first Big Tech customer for data centre chips

Announcement of deal along with higher revenue outlook boost shares as much as 15%

How does Strategy save itself? We asked its financial adviser: a chatbot

Stretching credibility

Bitcoin hits 20-month low as market sentiment sours

Price of world’s most actively traded digital asset falls below $60,000 amid shift by retail investors to AI-related stock bets

Disney draws viewer support in deepening fight against Trump administration

Media group calls on audience to join its defence against attacks by chair of Federal Communications Commission

Wimbledon tennis stars plan protest despite 20% rise in prize money

Campaign that kicked off at Roland-Garros has won support of top players including Jannik Sinner

Predictions market Kalshi in talks to raise funds at $40bn valuation

Rapidly growing company is increasingly challenging established derivatives and betting rivals