Are Singapore’s investment giants being left behind?
Temasek and GIC are integral to the finances of the south-east Asian city-state. But recent returns have compared unfavourably with many global peers
Supreme Court allows Texas electoral map that favours Republicans
Conservative justices hand win to Donald Trump ahead of midterm congressional votes
‘Too hot to handle’: climate change pushing Arab region to limits, says WMO
Stretch of 22 countries is warming at twice the global average, inaugural UN agencies report shows
US admiral defends second strike on alleged drug boat in Caribbean
Briefing to lawmakers over September 2 mission comes as Trump and Hegseth seek to distance themselves
How the rupee became Asia’s worst performing currency
Also in this newsletter: Adani has big plans for Indian aviation
Cantor has cut its Strategy price target by 60%, but wants you to know everything is going to be OK
“This Fear is Not Warranted”
Letter: English courts backlog will not be solved by limiting jury trials
From Vicky Lankester, Associate, Brett Wilson, London EC1, UK
Letter: One might believe Russia relished such headlines
From Greg Beier, Cambridge, MA, US
Letter: Joined-up thinking?
From Martin Allen, London N1, UK
Letter: Keating’s big regret about the ‘Aussie Super’ fund
From Ian Prideaux, London SW4, UK
Letter: Taking responsibility for a huge taxpayer subsidy
From Joe Zammit-Lucia, Trustee, Radix Big Tent, York, UK
Letter: The future of computing
From Mebs Loghdey, Founder, Neverthought.org, London W10, UK
Letter: American envoy chutzpah
From Lord Wallace of Saltaire, House of Lords, London SW1, UK
Letter: Social media scams — it’s up to EU legislators to act
From Agustín Reyna, Director-general of BEUC — The European Consumer Organisation, Brussels, Belgium
Babiš cedes control of his agricultural business to return as Czech premier
President says move ends concerns over conflict of interest and allows him to appoint billionaire next week
Infighting and rifts herald start of Your Party conference
FT Crossword: Number 18,231
Trump announces ‘historic’ peace treaty between Rwanda and DR Congo
Central African nations ink deals giving US companies access to Kinshasa’s minerals and seeking to end 30 years of conflict
US PE firm halts sale of gas driller after Abu Dhabi sovereign fund suit
Dispute highlights conflicts that can arise as investment groups sell assets between funds
General Dynamics manager blames crews for Ajax armoured vehicle problems
Employee commented in response to humorous video highlighting faults reported by soldiers and trial personnel
FirstFT: US bipartisan bill seeks to block Nvidia sales of advanced chips to China
Also in today’s newsletter: investors fret over Japan’s spending plans and Meta plans to slash spending on metaverse
Americans head to dollar stores as affordability crunch pinches consumers
Dollar General and Dollar Tree continue to enjoy popularity among wealthier households
Meta plans to slash metaverse spending as Zuckerberg shifts focus to AI
Social media company considering cutting unit’s budget by as much as 30%
A satanic list of inflationary factors
Weighing the weakening of institutions