International - Financial Times - Credit Squeeze

Treasury secretary Scott Bessent and Chinese vice-premier He Lifeng aim to ease tensions over tariffs

US president heads for summit with Xi Jinping after halting talks with Ottawa

Figure paves way for expected Federal Reserve rate cut next week

Africa’s two biggest economies hope decision will spur greater investor enthusiasm

Higher prices will allow producers to increase capacity outside China but there is a definite whiff of euphoria

There are several things Rachel Reeves can do to lift the dead weight of higher interest costs

US president voices anger at anti-tariff advertisement by province of Ontario

Investors buoyed by guidance upgrade and 30% rise in profits

Also in today’s newsletter: the EU’s failure to agree financial help for Ukraine and China’s expansion of renminbi loans

Boost to economy comes ahead of expected tough Budget next month

Treasury secretary Scott Bessent is taking a big gamble with his $20bn swap line to prop up a Trump ally

Beijing’s push will speed moves to multi-polar monetary system, analysts say

Latest figures for England and Wales reflect 30-year decline in violent crime

Carmakers say disruption to chip supplies could affect production amid calls for diplomatic solution to dispute

Aggregate numbers — public or private — are not what should keep you up at night

Also in today’s newsletter: Tesla profits fall and Javier Milei’s make-or-break moment approaches

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Europe and others must insulate their economies from Trump weaponising US tech

Lawrence Wong says no other country can fill the vacuum left by the US

Forward contracts indicate a 12% decline for currency despite $40bn US support package