Why Asia’s currencies have slumped against the dollar
Weakness has come despite US currency’s decline against G7 counterparts and narrowing interest rate gap
Kirkland & Ellis quits as counsel to Altice USA amid Wall Street pressure
Investors including Apollo and Ares had been upset by an antitrust lawsuit
Trump to raise tariffs on South Korea to 25%
US president accuses Seoul of ‘not living up to’ agreement struck with Washington last year
Ford and General Motors in talks with First Brands over rescue financing
Big US carmakers negotiating terms to give the bankrupt car parts supplier much-needed cash
Pinault family to offload €1.5bn Puma stake to China’s Anta Sports
Sale of 29% share comes as German sportswear group restructures to keep pace with rivals
Letter: America’s declining empire — more Vienna 1914 than Suez 1956
From Dominic Lieven, Fellow of the British Academy; Honorary and Emeritus Fellow, Trinity College
Letter: Raphael’s unicorn
From Candida Clark, Art Historian, New York, NY, US
Letter: Why extending the life of Sizewell B is a no-brainer
From Vince Zabielski, former Nuclear Engineer and Senior Nuclear Counsel for UAE Nuclear New-build Programme
Letter: When AI goes wrong and regulators come knocking
From Martin Tombs, Field CTO Emea, Qlik, Wokingham, UK
EU to announce ‘mother of all’ Indian trade deals
Conclusion of long-discussed pact to open markets was spurred by Donald Trump’s tariff offensive
Suella Braverman in latest Tory defection to Reform
‘I joined Reform to get away from Tories’
‘Humanity needs to wake up’ to dangers of AI, says Anthropic chief
Dario Amodei posts 20,000-word essay detailing potentially catastrophic risks from powerful technology in years to come
US health insurer shares fall on proposal to cut rise in Medicare payments
UnitedHealth and Humana drop more than 10% after hours on Monday on news of Trump administration’s plan
A towering apartment in Florence
The triple-height living space comes complete with a swimming pool seemingly suspended in the clouds
UK shop price inflation rises to its highest level in nearly 2 years
Cost of meat, fish and fruit jumps in January as higher energy charges and taxes spread through economy
Take That — the rise, fall and rise again of one of Britain’s biggest boy bands
A new Netflix documentary offers a heady dose of nostalgia as it traces the group’s journey to pop stardom
FT Crossword: Number 18,278
UK to cap ground rents paid to freeholders
Limit will be set at £250 a year after Sir Keir Starmer overrules Rachel Reeves to push through manifesto promise
Trump signals shift on immigration crackdown as ICE backlash intensifies
President seeks to tamp down growing outrage over killing of man in Minnesota by federal agents
Dollar sinks to 4-month low and gold soars past $5,000 as yen leaps
Japanese currency climbs sharply on speculation of joint US-Japan market intervention, adding to pressure on greenback
FirstFT: Yen leaps on speculation of joint US-Japan market intervention
Also in today’s newsletter: Trump sends border tsar to Minnesota and Keir Starmer prepares for China trip
Former Citi executive sues bank over handling of sexual harassment claims
Complaint alleges ‘unrelenting and egregious sexual harassment’ by wealth chief Andy Sieg
US natural gas prices soar to highest level in 3 years after winter storm
Jump expected to push up consumer bills as White House faces criticism that it has failed to deliver on affordability
FTSE Russell aims to ease path for overseas groups to join City’s blue-chip index
Proposals would cut amount of shares required to trade in public hands to 10% for non-UK incorporated companies