Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The White House has accused China of undertaking industrial-scale theft of American artificial intelligence labs’ intellectual property and warned that it would crack down on a practice that exploits US innovation. “The US government has…
In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. U.S. Navy | Getty Images President Donald…
Mayor Zohran Mamdani is floating a plan to delay payments into New York City’s municipal pension funds — his latest effort to stave off service cuts and a property tax increase as he grapples with a multibillion-dollar budget gap. The plan, which the mayor’s team has presented to the administration of Gov. Kathy Hochul, could…
No one here can say exactly when it happened, but suddenly China is everywhere in Jakarta, Indonesia’s capital. Compact Chinese electric cars weave through the streets. Chinese cosmetics crowd pharmacy shelves. Chinese hot pot restaurants and milk-tea chains have sprouted across the city’s many, many malls. “It’s all very sudden — they just came to…
Over the past two years, a furry monster with bunny ears and a vicious line of serrated teeth became the subject of a global craze, as shoppers waited hours in line or paid hundreds or thousands of dollars for the most coveted Labubus. The boom turned Pop Mart, the Chinese company that sells Labubus, into…
TIANJIN, CHINA – SEPTEMBER 01: Indian Prime Minister Narendra Modi talks with Russian President Vladimir Putin(L) and Chinese President Xi jinping ahead of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre on September 1, 2025 in Tianjin, China. (Photo by Suo Takekuma – Pool/Getty Images) Pool | Getty Images…
Cocaine and cannabis are among drugs being readily offered for sale in High Street mini-marts, a BBC investigation has revealed. Undercover researchers secretly filmed in towns across the West Midlands, including one shop called Cradley Market. One of those researchers met Akwa, who works behind the counter there. It took just seconds for Akwa to…
Canada’s former Prime Minister Justin Trudeau said at CNBC’s CONVERGE LIVE in Singapore Thursday that international financial institutions were “spectacularly ill-adjusted” to respond to modern-day issues. “You can look to different places around the world to realize that those institutions, whether it was the WTO or the IMF or what have you, aren’t necessarily fit…
South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue to surge amid strong AI demand. While its earnings were broadly in line with estimates, revenue missed forecasts. Here are SK Hynix’s first-quarter results versus LSEG smart estimates, which are weighted toward…
A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026. Kevin Carter | Getty Images Southwest Airlines forecast second-quarter earnings below analyst estimates, citing higher fuel prices, while holding off on updating its full-year 2026 forecast. Southwest expects to earn between 35 cents and 65…
