Hong Kong: a comeback with Chinese characteristics - great read here from @arjunneilalim.ft.com William Sundland and Chan Ho-him. Striking intro www.ft.com/content/ae2c...

Many thanks Tony. Glad you liked the lead!

A bottle of Slop Sauce and a bottle of Kool-Aid, very poorly photoshopped onto the counter of a stock photo kitchen.

The haters and losers hope everyone has a great weekend.

US stocks underperform rest of world by widest margin since 1993 Investors fear Trump’s tariff blitz will lead to US stagflation while weak dollar adds to woes

America Fir-

oh wait

US stocks have exceptional(ly bad) start to the year, via @arjunneilalim.ft.com @raydouglas.bsky.social
www.ft.com/content/f3a7...

Cheers, Stephen!

Is the world losing faith in the almighty US dollar? Donald Trump’s trade war is forcing investors to confront the possibility that the dominance of the US currency might fade — or even end

Fantastic and fascinating piece on the past, present and future of the dollar by @robinwigglesworth.ft.com, @kateduguid.bsky.social and
@arjunneilalim.ft.com:

China offers first hint of devaluation of the renminbi - by @arjunneilalim.ft.com Tom Hale and @jsphctrl.ft.com www.ft.com/content/815a...

Stock markets tumble in Asia as Donald Trump’s tariffs loom Japanese and South Korean equities hit by concerns over impact on exports

Rough start to the week on Asian markets ahead of Tariff day- Japan's Topix's index down 3.3%, Taiwan's Taiex index off 4%, Hang Seng down 1.7%. Could be a rocky week www.ft.com/content/52a1...

Donald Trump’s late-night posts send currency traders to Asian markets US president’s out-of-hours policy statements and U-turns boost contracts traded in Singapore

Tip-top markets stories from Asia-based colleagues today –

@arjunneilalim.ft.com and Harriet Clarfelt on intriguing fall in China's Treasuries holdings
www.ft.com/content/73ae...

@owenwalker0.ft.com with @arjunneilalim.ft.com on Asia FX markets thriving on Trump trades
www.ft.com/content/f241...

Trump tariffs latest: Global stocks tumble and dollar surges Stocks, bonds and currencies fall as investors assess impact of tariffs on US and its trading partners

Things are not better in European trading –

Our story led by @arjunneilalim.ft.com:💲leaps as Trump’s tariffs shake markets
www.ft.com/content/33ff...

Our live blog on the fallout 📈📉
www.ft.com/content/628f...

At AV @robinwigglesworth.ft.com hits the nail on the head
www.ft.com/content/ae3c...

Remember the pastor who spoke at Trump's inauguration? He launched a memecoin later in the day - from a read on how Crypto executives fear investor backlash over Trump memecoins from @nikasgari.bsky.social @arjunneilalim.bsky.social and Stephen Morris www.ft.com/content/e6a7...

Crypto executives fear investor backlash over Trump memecoins Industry trying to rebuild its reputation frets over potential conflicts of interest and investor losses

Crypto bros upset that Trumpcoin makes them all look like ponzistas on.ft.com/3EhQ0ig

I thought this news cycle was silly and having watched this video am now a complete Elon-gamergate convert

To paraphrase Fukuyama’s famous warning - if the success of liberal democracy means people can’t battle for real freedoms, they will instead fight for the right to use slang terms for genitalia in the boardroom

Dollar hits 2-year high after robust US data puts brake on rate cut bets Pound falls 0.5% to new 14-month low and Asian equities decline

Dollar at a two year high against major currencies following strong US econ data and Trump tariff fear. British pound, Indian rupee big losers. PBoC holding renminbi stable for now. Read more: on.ft.com/4jaAaWS

China steps up defence of renminbi against Wall Street bets Currency softens over weakness in world’s second-largest economy and fear of Trump tariffs

China steps up defence of renminbi against Wall Street bets

www.ft.com/content/215e505e-3e46-4f...

Which New Yorker articles did FT journalists enjoy this year? Compiled by @louisashworth.bsky.social

Dollar rises after Donald Trump vows to impose new tariffs Chinese equities rose as levies appeared to be smaller than expected

It's a tariff-on day today, after tariff-off yesterday. @arjunneilalim.bsky.social reports from HK
www.ft.com/content/beba...

Cost of living crisis deepened weakness in UK equity markets this year www.ft.com/content/a4e8...