Trump’s election win sparks trading surge for banks and brokers
Markets activity ‘exploded’ as traders bet on a more business-friendly approach by incoming administration
Financial Times › Financial Times
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David Bonderman, private equity pioneer and TPG co-founder, dies
Financier entered world of high-stakes buyouts after first making his name as a lawyer and preservationist
Asian stocks rise after US inflation data clears way for rate cut
Currencies strengthen against dollar as investors position for loosening by Federal Reserve
Dollar’s surge sparks biggest fall in emerging market currencies in 2 years
Developing economies also suffering from ‘confluence of bad news’
South Korean president vows to ‘fight to the end’
Leader of Yoon Suk Yeol’s party signals it is preparing to back impeachment vote on Saturday
Meta donates $1mn to Donald Trump’s inaugural fund
The state intervention that’s not destroying trade
Governments are experimenting with industrial policy but tariffs are staying low
Murdoch family feud left hanging over media empire’s future
A court ruling that rejected an attempt to overhaul the family trust leaves Rupert Murdoch and his children at odds
What other conditions could weight-loss drugs treat?
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Initial research has focused on obesity, but Ozempic, Wegovy and Mounjaro may potentially be used for addiction, heart disease and Alzheimer’s
Nato’s European members discuss 3% target for defence spending
Increased military expenditure could be agreed at next year’s summit, intensifying pressure on national budgets
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