FirstFT: Asian countries struggle to defend their currencies amid energy shock
Also in today’s newsletter: Israel approves death penalty law targeting Palestinians, and the risks of a private capital meltdown
Also in today’s newsletter: Israel approves death penalty law targeting Palestinians, and the risks of a private capital meltdown
Washington’s regional allies are bearing brunt of retaliatory attacks by Iran
Claim that 20 Pakistan-flagged ships will exit Strait of Hormuz questioned as country only has 13 big ocean-going vessels
Countries shrug off environmental concerns to fire up use of polluting fuel as Gulf supplies dwindle
Data centre property group faces investor concerns around lack of tenant revenue
Controversial bill has drawn international condemnation over its ‘de facto discriminatory character’
Investors anticipate moneymaking bonanza as sector comes under strain
Global pharmaceutical companies are aggressively searching for new medicines in China
A volatile business often involving binary outcomes may not be suited for risk-averse public market investors
Industry warnings of disruption contrast with government calls for calm
Financial Conduct Authority lowers estimate for loans eligible for compensation scheme
Chief executive says fees will also have to rise to address growing demands
Michael Rousseau recorded condolence video after fatal plane crash in English despite country being officially bi-lingual
Talk of replacing the US as anchor of the multilateral system has come to little
Financial Reporting Council issues guidance stressing need for human oversight
Attack at electricity and desalination facility marks latest escalation in Gulf war launched by US and Israel
Labour Party set for heavy losses in contests for Scottish parliament, Welsh Senedd and English councils
Its inclusion will not extend democracy but reduce it
Golden Pass plant owned by QatarEnergy and ExxonMobil may help replace shortages hit by Hormuz crisis
Kirill Serebrennikov’s lavish production makes lazy use of African and Asian imagery while Kirill Petrenko elicits rigorous playing in the pit
Siobhán Cullen and Paapa Essiedu play a married couple in their thirties who struggle to conceive in this poignant series
But reversing decades of disinvestment is not without its challenges
Chancellor Kathaleen McCormick denies bias but cites media glare as risk to justice
Follow the latest impact of tariffs amid the president’s ongoing trade war