www.ft.com Open in urlscan Pro
151.101.66.209  Public Scan

Form analysis
3 forms found in the DOM

/search

<form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label class="o-header__visually-hidden"
    for="o-header-search-term-primary">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__search-term" id="o-header-search-term-primary" name="q" autocomplete="off" autocorrect="off" autocapitalize="off"
    spellcheck="false" data-trackable="search-term" placeholder="Search the FT" data-n-topic-search-input="true">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="0"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__search-submit" type="submit" data-trackable="search-submit">Search</button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-primary" title="Close search bar"
    data-trackable="close" data-o-toggle--js="true" aria-expanded="false"><span class="o-header__visually-hidden">Close search bar</span></button>
</form>

/search

<form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label class="o-header__visually-hidden"
    for="o-header-search-term-sticky">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__search-term" id="o-header-search-term-sticky" name="q" autocomplete="off" autocorrect="off" autocapitalize="off"
    spellcheck="false" data-trackable="search-term" placeholder="Search the FT" data-n-topic-search-input="true">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="0"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__search-submit" type="submit" data-trackable="search-submit">Search</button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-sticky" title="Close search bar"
    data-trackable="close" data-o-toggle--js="true" aria-expanded="false"><span class="o-header__visually-hidden">Close search bar</span></button>
</form>

/search

<form class="o-header__drawer-search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label
    class="o-header__visually-hidden" for="o-header-drawer-search-term">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__drawer-search-term" id="o-header-drawer-search-term" name="q" autocomplete="off"
    autocorrect="off" autocapitalize="off" spellcheck="false" placeholder="Search the FT" data-trackable="search-term" data-n-topic-search-input="true" tabindex="-1">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="-1"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__drawer-search-submit" type="submit" data-trackable="search-submit" tabindex="-1"><span class="o-header__visually-hidden">Search</span></button>
</form>

Text Content

Accessibility helpSkip to navigationSkip to contentSkip to footer
 * S&P 500+0.82%
 * Shanghai+0.57%
 * FTSE 100 Minus −0.30%
 * Euro/Dollar+0.41%
 * Brent Crude Oil Minus −0.53%
 * 10 Year US Gov Minus −1.73%

Visit Markets Data



COOKIES ON FT SITES

We use cookies and other data for a number of reasons, such as keeping FT Sites
reliable and secure, personalising content and ads, providing social media
features and to analyse how our Sites are used.

Accept cookies
Manage cookies
 * Sign In
 * Subscribe

Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

SearchClose search bar
 * Home
 * Markets Data

 * Home
 * World
   Sections
    * World Home
    * Israel-Hamas war
    * Global Economy
    * UK
    * US
    * China
    * Africa
    * Asia Pacific
    * Emerging Markets
    * Europe
    * War in Ukraine
    * Americas
    * Middle East & North Africa
   
   Most Read
    * Argentina’s Javier Milei unveils sweeping decree to deregulate the economy
    * Tusk takes Polish state TV news channel off air
    * Narendra Modi responds to assassination claims
    * Uefa and Fifa lose Super League football case
    * EU ministers agree tough debt-reduction rules

 * US
   Sections
    * US Home
    * US Economy
    * US Companies
    * US Politics & Policy
   
   Most Read
   
 * Companies
   Sections
    * Companies Home
    * Energy
    * Financials
    * Health
    * Industrials
    * Media
    * Professional Services
    * Retail & Consumer
    * Tech Sector
    * Telecoms
    * Transport
   
   Most Read
    * How will professional services handle the Great Stagnation?
    * Warner Bros Discovery and Paramount CEOs hold exploratory merger talks
    * Warburg Pincus teams up with Horta-Osório on €6bn bid for telecoms assets
    * US-led coalition to create safe corridor in Red Sea as ship diversions
      mount
    * Paris’s La Défense tries to reinvent office life as deals plummet

 * Tech
 * Markets
   Sections
    * Markets Home
    * Alphaville
    * Markets Data
    * Cryptofinance
    * Capital Markets
    * Commodities
    * Currencies
    * Equities
    * Fund Management
    * Wealth Management
    * Trading
    * Moral Money
    * ETF Hub
   
   Most Read
    * Live news: Fed gets breathing space as third-quarter inflation and GDP
      revised lower
    * Bond market rally drives yields past Wall Street’s end-2024 targets
    * News updates from December 20: S&P 500 falls the most in three months,
      Toshiba delists and enters private hands
    * Jump in US overnight lending rates awakens fears of money market strains
    * Transatlantic resilience brings peak oil within sight

 * Climate
 * Opinion
   Sections
    * Opinion Home
    * Columnists
    * The FT View
    * Lex
    * Obituaries
    * Letters
   
   Most Read
    * The clearest sign of a party pressing self-destruct
    * Transatlantic resilience brings peak oil within sight
    * Law must ignore the political hand-wringing around Trump
    * Americans won’t be terrified into rejecting Trump
    * Global trade shudders over blockages in the Suez and Panama canals

 * Work & Careers
   Sections
    * Work & Careers Home
    * Business School Rankings
    * Business Education
    * Entrepreneurship
    * Recruitment
    * Business Books
    * Business Travel
    * Working It
   
   Most Read
    * De Beers chief Al Cook seeks to restore allure of diamonds
    * From cold water swimming to bison grilling: how CEOs spend Christmas
    * The perils of mangling a name
    * UN aid chief Martin Griffiths: ‘The war in Gaza isn’t halfway through’

 * Life & Arts
   Sections
    * Life & Arts Home
    * Arts
    * Books
    * Food & Drink
    * FT Magazine
    * House & Home
    * Style
    * Travel
    * FT Globetrotter
   
   Most Read
    * What if Russia wins?
    * The taste of Christmas
    * How to wear fishnets now
    * My favourite gift – as suggested by the Aesthetes
    * Pesellino — the National Gallery’s loveliest Christmas exhibition in years

 * HTSI

MenuSearch
 * Home
 * World
 * US
 * Companies
 * Tech
 * Markets
 * Climate
 * Opinion
 * Work & Careers
 * Life & Arts
 * HTSI

Financial Times
SubscribeSign In
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

SearchClose search bar


FINANCIAL TIMES HOME

Expert, unbiased global coverage. Try the FT’s award-winning journalism for just
£1

Try for £1

US-China relations
US and China resume military contacts at the highest level

US chair of joint chiefs has first bilateral conversation with counterpart in
Beijing since 2022

an hour ago
opinion content. Lex. Taiwan/China: trade tiff targets island’s presidential
election  
4 hours ago
China curtails ‘dangerous’ fighter jet manoeuvres after Xi-Biden summit

Indian politics & policy
The Big Read. Narendra Modi: ‘Our nation is on the cusp of a take-off’

Editor's Picks

opinion content. FT Magazine. What if Russia wins?
Simon Kuper

How SoftBank’s bet on US mortgage lender Better backfired





TOP STORIES

FT live news
Fed gets breathing space as third-quarter inflation and GDP revised lower
Live

French politics
Macron condemns ‘witch-hunt’ against actor Gérard Depardieu

French president criticised for defending film star who is facing allegations of
rape and sexual assault

2 hours ago

Allen & Overy LLP
Allen & Overy rolls out AI contract negotiation tool in challenge to legal
industry

Law firm works with Microsoft and AI start-up Harvey in attempt to ‘disrupt the
legal market before someone disrupts us’

4 hours ago

Apple’s AI research signals ambition to catch up with Big Tech rivals
3 hours ago

War in Ukraine
Orbán vows to stand firm against EU funding for Ukraine

Hungary’s leader insists he will not be swayed by threats or offers of money

an hour ago

Japan eases arms export curbs to send Patriot missiles to US
2 hours ago





SPOTLIGHT

Israel-Hamas war
Visual analysis: the wastelands in Gaza’s two biggest cities

An aerial view of damage in Gaza City and Khan Younis as Israel’s military
advances

an hour ago

Oil & Gas industry
opinion content. Transatlantic resilience brings peak oil within sight

Opec+ is struggling to hold the world to ransom with high energy prices

Chris Giles



NEWS

Media
Warner Bros and Paramount CEOs hold exploratory merger talks

A deal could combine CNN and CBS while letting the indebted media groups cut
streaming costs

updated an hour ago

Chinese economy
Sliding Beijing home prices spur alarm in China’s property sector

Discrepancy between broker testimony and official data fuels fears authorities
are playing down extent of crisis



China’s renminbi pips Japanese yen to rank fourth in global payments


Football
Uefa and Fifa lose Super League football case

Biggest European clubs given chance to join breakaway tournaments after ECJ
competition ruling





MOST READ

 1. Argentina’s Milei unveils sweeping decree to deregulate economy
 2. Uefa and Fifa lose Super League football case
 3. Bond market rally drives yields past Wall Street’s end-2024 targets
 4. Tusk takes Polish state TV news channel off air
 5. opinion content. What if Russia wins?

Opec
Angola quits Opec oil cartel after Saudi Arabia clashes

Africa’s second-biggest oil producer exits group after row over production
targets

2 hours ago

European Union
EU chief von der Leyen backs proposal to reintroduce wolf hunting

European Commission president accused of sacrificing animal to placate powerful
farming lobby



Belgium suspected China spy but was unable to prosecute


Argentina
Argentina’s Milei unveils sweeping decree to deregulate economy

New president makes good on campaign pledge to pare back bureaucracy as
protesters decry ‘chainsaw austerity’



Argentina auctions $3.7bn worth of peso debt


Israel-Hamas war
Hamas refuses to discuss new hostage deal before ceasefire

Talks to broker an agreement to release the remaining captives have gathered
pace in recent days

an hour ago

Human capital
FT Alphaville. Person of interest 2023: the longlist

The tenth annual celebration of cancellation



US interest rates
Bond market rally drives yields past Wall Street’s end-2024 targets

Major banks’ forecasts for next year already hit, as market moves after Fed’s
dovish comments take analysts by surprise



US bonds on track for best month in nearly 40 years


Hipgnosis Songs Fund
Hipgnosis warns investors on asset value

Music rights owner says valuation should be treated with ‘higher degree of
caution’



DR Congo
Congo election hit by voting delays as opposition seeks to oust Tshisekedi

Incumbent president vies for second term in mineral-rich country plagued by
decades of armed insurgency






OPINION

opinion content. The US backlash against Nippon Steel is wholly misguided

American objections to a deal to buy US Steel turn on an outdated view of how
close Japanese companies are to the state

Leo Lewis

opinion content. Destroying historical wills is foolhardy and short-sighted

The MOJ’s consultation on digitising these documents fails to consider crucial
points

Richard Ovenden

opinion content. Instant Insight. Law must ignore the political hand-wringing
around Trump
Peter Spiegel

opinion content. The clearest sign of a party pressing self-destruct
Robert Shrimsley

opinion content. Markets Insight. Investors may still be underestimating how
inflation is cooling
Richard Barwell

opinion content. Time is of the essence in defending Ukraine
Gwendolyn Sasse

opinion content. The FT View. Global trade shudders over blockages in the Suez
and Panama canals
The editorial board

opinion content. Lex. Toyota: Daihatsu’s crash test dummies fail risk inspection




MORE OPINION

 * The FT View
 * Lex
 * Unhedged
 * Markets Insight
 * Inside Business


EUROPE NEWS

Russia battles to curb inflation ahead of Putin’s re-election bid

Tackling cost of eggs and putting western company exits on hold among measures
aimed at containing surging prices




Paris’s La Défense tries to reinvent office life as deals plummet


Explainer. The legal case for seizing Russia’s assets


Germany moves to seize €720mn of Russian group’s assets


Warburg Pincus teams up with Horta-Osório on €6bn bid for telecoms assets


The Big Read. How migration is pushing Europe to the right


EU strikes deal on long-delayed migration reforms




MORE EUROPE NEWS

 * European economy
 * European Union
 * EU foreign policy
 * European companies
 * European equities

Disrupted TimesSign up for our newsletter



PODCASTS

Political Fix. ‘Stop doing stupid things’: Martin Wolf on the UK
43 min listen
Behind the Money. Author Amy Edmondson on ‘intelligent failure’
31 min listen
FT News Briefing. India’s digital transformation
12 min listen
Working It. Has ‘retirement’ had its day?
20 min listen


LIFE & ARTS

 * Arts
 * Books
 * Food & Drink
 * FT Magazine
 * Style
 * House & Home
 * Travel
 * FT Globetrotter
 * HTSI

Restaurants
opinion content. FT Magazine. Should you ever go back to a favourite restaurant?
Film
Review. Ferrari — Michael Mann’s Enzo biopic asks what drove the motor mogul

Fashion
How to wear fishnets now
Travel
From Alabama to Wyoming: how I joined America’s 50-state club
Food & Drink
HTSI. The taste of Christmas


VIDEO

play video content. 

World33 min
video content. Eskom: how corruption and crime turned the lights off in South
Africa | FT Film

play video content. 

US politics & policy28 min
video content. How Biden's Inflation Reduction Act changed the world | FT Film

play video content. 

US & Canadian companies20 min
video content. Citigroup and the 'financial supermarket' experiment | FT Film

play video content. 

Carbon footprint12 min
video content. The carbon capture question | FT Climate Capital



HIGHLIGHTS

The Big Read. FT Person of the Year: Lars Fruergaard Jørgensen of Novo Nordisk

The Danish company’s drugs for obesity could have a profound impact on
healthcare, society and our relationship with food




opinion content. Inside Business. Why financial literacy deserves your charity
Patrick Jenkins

The CEO. De Beers chief Al Cook seeks to restore allure of diamonds


From cold water swimming to bison grilling: how CEOs spend Christmas


opinion content. I’ve progressed fast at work — how do I go further?
Jonathan Black

Charles Goodhart: ‘We’re in for a fiscal crisis down the road and we don’t know
how to solve it’


FT Alphaville. A quant winter’s tale




MORE HIGHLIGHTS

 * Moral Money
 * Due Diligence
 * Cryptocurrencies
 * Special Reports
 * Climate Capital

Moral MoneySign up for our newsletter



MARKETS NEWS

Jump in US overnight lending rates awakens fears of money market strains

Sofr’s brief divergence from Fed’s repo rate has rattled investors




US and UK tighten enforcement of Russian oil price cap


Recession fears in Europe punish risky borrowers with higher yields


Supply squeeze helps copper prices buck tough year for base metals


UK financial regulator says listing rules overhaul could lead to more failures


Japan’s crisis-plagued Toshiba delists and enters era of private ownership


Bond fund giant Pimco warns of ‘hard landing’ for UK economy




MORE MARKETS NEWS

 * Alphaville
 * Markets Data
 * Capital Markets
 * Commodities
 * Currencies
 * Equities
 * Fund Management
 * Wealth Management
 * Trading
 * Moral Money
 * ETF Hub


TECHNOLOGY

Push payment fraud victims to get most of their money back

Banks must offer up to £415,000 reimbursement from next October, says regulator

4 hours ago


#techAsia. Mark Liu to retire from TSMC and adjustments hit the display industry


opinion content. Lex. E-scooters: wheels come off start-up with Bird-brained
business plan


Electric scooter rental pioneer Bird files for bankruptcy


PlayStation sales and blockbuster games propel console market back to growth


AI machine cannot be called an inventor, rules UK court


News updates from December 20: S&P 500 falls the most in three months, Toshiba
delists and enters private hands




MORE TECHNOLOGY

 * Cryptofinance
 * Semiconductors
 * Tech Tonic podcast
 * Trading technology
 * Tech start-ups
 * Social Media
 * Artificial intelligence


EXPLORE MORE EVENTS FROM THE FT

Upcoming events

Discover unmissable flagship events with FT journalists to expand your thinking
and elevate your career

Explore all events
FT Live
The migration debate
Exclusively for FT subscribers | Migration: a challenge for liberal democracies?
Wednesday, 24 January 2024Digital Conference
FT Live
Future of the Car: The Shift to Software-Defined Vehicles
Digitising the automotive experience
Thursday, 25 January 2024Digital Conference
FT Live
Moral Money Summit Japan
Unlocking Opportunities for a Greener and Fairer World
Wednesday, 7 February 2024Tokyo, Japan
Join the discussion

FT Forums is a series of members only communities, powered by the Financial
Times

Women In Business Forum
A dedicated programme to accelerate mid-career women into senior leadership.
Future Forum
An authoritative space for businesses to share ideas, build relationships and
develop solutions to future challenges.
Climate Capital Council
Where businesses share ideas, opportunities and challenges with climate change.

How easy or hard was it to use FT.com today?

Feedback


USEFUL LINKS


SUPPORT

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers


LEGAL & PRIVACY

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery
Statement & Policies


SERVICES

Share News Tips SecurelyIndividual SubscriptionsProfessional
SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT
on XFT ChannelsFT Schools


TOOLS

PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School
RankingsEnterprise ToolsNews feedNewslettersCurrency Converter


COMMUNITY & EVENTS

FT CommunityFT Live EventsFT ForumsFT Board NetworkBoard Director Programme


MORE FROM THE FT GROUP

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT
and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime
under the FT Editorial Code of Practice.


Close side navigation menuFinancial Times

International Edition

Subscribe for full access
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

Search
 * Switch to UK Edition


TOP SECTIONS

 * Home
 * WorldShow more World
   * Israel-Hamas war
   * Global Economy
   * UK
   * US
   * China
   * Africa
   * Asia Pacific
   * Emerging Markets
   * Europe
   * War in Ukraine
   * Americas
   * Middle East & North Africa
 * USShow more US
   * US Economy
   * US Companies
   * US Politics & Policy
 * CompaniesShow more Companies
   * Energy
   * Financials
   * Health
   * Industrials
   * Media
   * Professional Services
   * Retail & Consumer
   * Tech Sector
   * Telecoms
   * Transport
 * TechShow more Tech
   * Artificial intelligence
   * Semiconductors
   * Cyber Security
   * Social Media
 * MarketsShow more Markets
   * Alphaville
   * Markets Data
   * Cryptofinance
   * Capital Markets
   * Commodities
   * Currencies
   * Equities
   * Fund Management
   * Wealth Management
   * Trading
   * Moral Money
   * ETF Hub
 * Climate
 * OpinionShow more Opinion
   * Columnists
   * The FT View
   * Lex
   * Obituaries
   * Letters
 * Work & CareersShow more Work & Careers
   * Business School Rankings
   * Business Education
   * Entrepreneurship
   * Recruitment
   * Business Books
   * Business Travel
   * Working It
 * Life & ArtsShow more Life & Arts
   * Arts
   * Books
   * Food & Drink
   * FT Magazine
   * House & Home
   * Style
   * Travel
   * FT Globetrotter
 * Personal FinanceShow more Personal Finance
   * Property & Mortgages
   * Investments
   * Pensions
   * Tax
   * Banking & Savings
   * Advice & Comment
   * Next Act
 * HTSI
 * Special Reports


FT RECOMMENDS

 * Lex
 * Alphaville
 * Lunch with the FT
 * FT Globetrotter
 * #techAsia
 * Moral Money
 * Visual and data journalism
 * Newsletters
 * Video
 * Podcasts
 * News feed
 * FT Live Events
 * FT Forums
 * Board Director Programme

 * myFT
 * Portfolio
 * Today’s Newspaper (FT Digital Edition)
 * Crossword
 * Our Apps

 * Help Centre
 * Subscribe
 * Sign In