International - Financial Times - Credit Squeeze

Economist Shin Hyun-song is renowned abroad but now must tackle slow growth and inflation

Manufacturing and retail sectors post sharp declines in economic activity

Rising prices risk deepening the country’s deflationary trap rather than providing any escape from it

Stuart Holloway formerly worked as a relationship manager at bank’s infamous SME unit

How the technology will affect prices is still uncertain

Trimmed-mean measures paint a favourable picture — they did the same, wrongly, in 2021 and 2022

Almost every major currency has gained against the greenback this month amid hopes for end to Iran conflict

Also in today’s newsletter: SpaceX strikes deal to acquire code-editing start-up Cursor and a new podcast series on the history of money

Figure underlines economic impact of the Middle East conflict

Governments tap labour income as an ‘easy’ revenue raiser but risk undermining incentives to work and hire

Rise in headline inflation will not prompt Bank of England to increase rates next week

Malaysia’s Karex says it has to pass on higher cost of raw materials to customers

Latvian central bank governor Mārtiņš Kazāks sees no rush to respond to higher energy prices driven by Iran war

Jamieson Greer says ‘security premium’ needed to counter reliance on Chinese supplies

Read the April forecast from the FT’s Monetary Policy Radar team

Soaring expense of production and transport hampers effort to boost exports

The Babylonians had debt defaults. The S&L scandal led to 2008. What else does the past tell us?

World ‘on borrowed time’ to avert crisis as higher gas prices squeeze fertiliser production

Reporting from the FT Commodities Global Summit 2026

The nominee for chair of the central bank wants regime change, but at a slow and deliberative pace