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Thousands flee as winds fan fires across wealthy Los Angeles enclave

Raging wildfires fanned by strong winds tore across the wealthy Los Angeles neighbourhood of Pacific Palisades on Tuesday, burning homes

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China’s currency hits 16-month low on Trump tariff fears

China’s currency has weakened to a 16-month low as the potential for sharp tariff increases from the incoming Trump administration

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Silicon Valley billionaires remain in thrall to the cult of the geek

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Syrian Islamists launch major offensive against Bashar al-Assad’s regime

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South Korea lowers interest rates over Trump fears

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Russia uses cluster munitions to take out Ukraine’s power

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The gloom about the London market is overdone

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French bond yields surpass Greece’s amid budget concerns

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Tehran’s luxury glass apartments reveal a changing Iran

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Hong Kong plans crypto tax break for hedge funds and billionaire families

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China’s support for Russia has hurt its relations with Europe, say Nordic and Baltic states

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Northern Israelis weigh returning home against threat of Hizbollah

After his hometown of Kiryat Shmona was evacuated at the start of the conflict between

Sequoia Capital’s former China unit steps up push for global deals

Sequoia Capital’s former China unit has accelerated its push for global deals, investing in celebrity-backed

Mexico’s new president digs in with radical ideas as Trump threat looms

Since she took over as Mexico’s president at the start of October, Claudia Sheinbaum has

First 24-hour US stock exchange approved

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BlackRock has deal to buy private credit manager HPS

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Donald Trump considers tough antitrust advocate for justice department unit

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