India’s first bullet train stumbles over divisions with partner Japan
Flagship high-speed rail project has been beset by delays, cost overruns and tensions
Ride-hailing apps hit the skids over driver fury
Asia’s market leaders Grab and GoTo face squeezed margins over push to offer better deal to workers
Hong Kong quizzes HSBC over Singapore AI hub decision
Monetary authority strives to bolster Chinese territory’s status as international financial capital
India’s Essar Group invests $18bn in US steel
Also, airlines’ stand-off with Adani’s Mumbai airport
Letter: The lessons of Jimmy Carter’s energy transition policies
From Teju Akande, Climate Change Manager, Border to Coast Pensions Partnership, Leeds, UK
Letter: A happy ending to your Secret Service altercation
From Professor Siddartha Khastgir, Head of Safe Autonomy, WMG, University of Warwick, Coventry, UK
Letter: Draghi’s argument risks skirting AI’s big questions
From Alberto Alemanno, Jean Monnet Professor of EU Law, HEC Paris, France
Letter: Bond market gives verdict on the data centre build-out
From Subir Grewal, Washington Square Capital Management, New York, NY, US
Trump says Maga Inc will pay for ads instead of taxpayers after backlash
US president reverses course after defending television spots that ran during National Football League games and ‘Saturday Night Live’
Trump eases red diesel limits in attempt to quell fuel inflation
US president announces the move during a trip to the agricultural state of Nebraska
Scientists awarded Nobel Prize in medicine for insights into workings of brain
‘I just won a Nobel Prize for research into feelings’
Author and former Tory politician Jeffrey Archer dies aged 86
MP turned peer sold more than 300mn books but his political career was rocked by scandals
UK workers expect to retire five years later than they would like
Gap between when people want to retire and when they expect to stop working is the widest on record
FCA to examine how it treated whistleblower who died by suicide
Simon Andriesz revealed alleged wrongdoing at Cantor Fitzgerald-controlled brokerage
FT Crossword: Number 18,498
Trump says US pulled bombers from UK after ‘threats’
Washington and London have suggested Iran was involved in a recent incident near RAF Fairford base
US affordability tracker: the data that could decide the 2026 midterm elections
The FT is tracking changes to the cost of living that will affect American voters
‘Very sensible’: Business warms to Badenoch’s pitch
Executives left unconvinced by Andy Burnham’s plans are signalling that they are prepared to give the Tories a second chance
FirstFT: Sanae Takaichi attempts to soothe markets over Japan’s spending plans
Also in today’s newsletter: David Ellison sticks with Mark Thompson as CNN boss and Citi speeds up promotion path for junior bankers
Tories pledge ‘Britannia Shield’ to protect UK from drone attacks
A planned network of radar, command and control systems and interceptor missiles would strengthen defences against aerial threats
Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic
Syndication of the massive financing package tests lending appetite amid growing concerns over mounting AI debt
McKesson and CD&R near $5bn-plus deal to buy infusion services provider
Acquisition of Option Care Health would be the latest buyout of an undervalued healthcare services company
Brazil’s markets surge as investors bet on Bolsonaro win
Rightwinger seen as more likely than current president Lula to enact quick spending cuts
Submit a question: What is driving the global bond sell-off?
Alphaville editor Robin Wigglesworth and senior markets correspondent Ian Smith will answer reader questions in a live Q&A on Thursday October 8, at 1pm