International - Financial Times - Credit Squeeze

‘Unannounced inspection’ comes as European Commission steps up efforts against Chinese online retailers

Also in today’s newsletter: final interviews for Fed chair and JPMorgan warns expenses to rise by $9bn next year

Warning comes as EU companies complain ‘undervalued’ renminbi is aiding China’s exporters

Farming equipment giant is scaling back production at flagship tractor plant in Iowa

Washington believes Jakarta is reneging on terms of agreement signed in July

Also in this newsletter: European ministers meet to discuss migration and human rights

Berlin nevertheless wants to ‘actively participate’ in race for EU job that no German has ever held

Why a new US security strategy should worry Europe – and delight Beijing

Beijing encouraged purchase of Huawei and Cambricon processors before Trump’s move to allow Nvidia exports

Final interviews for top central bank job to kick off this week

October ‘Jolts’ figures unlikely to deter the Federal Reserve from cutting interest rates on Wednesday

Beijing’s latest milestone underscores its industrial strength — and growing economic imbalances

Deputy governor stresses ‘upside risks’ to inflation and argues for cautious approach to further interest rate cuts

Dollar-based digital currencies offer benefits for the US, but Britain and the EU are better off resisting them

Tory leader’s comments come amid debate on whether Britain should rejoin EU customs union

Anyone making their own 2026 forecasts will need to employ more guesswork than usual

President says other chipmakers can also resume exports and ‘25% will be paid’ to the US

Also in today’s newsletter, the US warns the EU to be ‘very careful’ after it fined Elon Musk’s X

Country is now running ultraorthodox policy but still struggling to bring persistent inflation down

Also in today’s newsletter: Fed and ECB moves on rates, and Revolut’s buyback offer