LIVE The Latest August 23, 2026

Jim Cramer doubles down on his bold call on memory stocks

Jim Cramer has a reputation for caution when a stock has already run hard. This time, he is...

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Bitcoin (BTC) Clears $75K Resistance: Is the Road to $83K Now Open?

The Bitcoin (BTC) price is currently trading around the $75.2K mark. Short-term buying pressure is accelerating,…

Bitcoin (BTC) Price Reclaims $64K: The Pressure Is on to Prove $65K Is Next

Bitcoin price is currently trading around $64.1K. The buyers are in firm control of the BTC…

Bitcoin (BTC) Bulls Eye $67K: Can It Reclaim the High While Defending the $60K Range?

Bitcoin price slipped below the $64K mark. The bearish crossover is active, and the downtrend accelerates.…

Bitcoin (BTC) Has Been Grinding Between $63K and $64K: One Side Is About to Run Out of Time

Bitcoin (BTC) is holding around the $63.8K mark. The price is under no immediate pressure to…

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FT News Briefing

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning.

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Investors have warned that Treasury secretary Scott Bessent’s attempts to slash long-term US borrowing costs are doomed to fail, and European oil refinery capacity is set to shrink by a fifth over the next decade. Plus, Shanghai’s answer to the Nasdaq index is benefiting from an investor frenzy for Chinese technology stocks, and a Chinese court has sentenced Evergrande founder Hui Ka Yan to life in prison.

Mentioned in this podcast:

Scott Bessent takes on the bond vigilantes

Western oil refinery closures set to continue despite war shock

Shanghai’s answer to Nasdaq outstrips Hong Kong amid Chinese tech frenzy

Founder of collapsed Chinese property giant given life sentence

Credit: CNBC

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The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, and Katya Kumkova. Our editor is Marc Filippino. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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