Most talked about Financial Times stories

QE’s break-up with markets: no regrets?

ft.com — Dear Quantitative Easing, It's me, Markets. I know our time with each other is at an end and that you are on your way out, but my therapist thought it would be a good idea for me to write this letter to you. We have been through so much together.
Oct 31, 2014

Dear QE, our 6-year codependent relationship is over :-( I need closure. @tracyalloway tells it how it is ft.com/cms/s/0/48d82c…

Oct 31, 2014

"Dear Quantitative Easing, It’s me, Markets. I know our time with each other is at an end..." ft.com/cms/s/0/48d82c…

Oct 31, 2014

"Dear quantitative easing, my therapist thought it would be a good idea for me to write this" ft.com/cms/s/0/48d82c… (by @tracyalloway)

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Beijing subway bans Halloween costumes

ft.com — Masked revellers, beware. The Beijing subway is not the place for you. The Chinese capital on Friday banned Halloween costumes from its subway system, warning they could cause "panic" and "stampedes." Halloween is not a traditional holiday in China
Oct 31, 2014

Beijing banned Halloween costumes from its subways, warning they could cause “panic” and “stampedes”. ft.com/intl/cms/s/0/5…

Oct 31, 2014

Excellent - Beijing subway bans Halloween costumes, claiming they could cause "panic" and "stampedes" ft.com/cms/s/0/521965…

Oct 31, 2014

Communist party-poopers: China bans Halloween costumes on trains ft.com/intl/cms/s/0/5…

Oct 31, 2014

Beijing bans Halloween costumes on subway - don't want those subversive #occupyhk types hiding behind masks on.ft.com/1tH808I via @FT

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BoJ stuns investors by expanding monetary easing programme

ft.com — The Bank of Japan stunned investors on Friday by expanding its ultra-aggressive monetary easing programme, saying that a combination of weak demand and a lower oil price meant that more action was needed to banish "a deflationary mindset". The
Oct 31, 2014

“Maybe the BoJ will deny it, but this is complete monetisation,” said Yusuke Ikawa, a debt strategist at UBS in Tokyo on.ft.com/1wLVWSU

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Hungary abandons controversial internet tax plan

ft.com — Hungarian prime minister Viktor Orban has abandoned his controversial plan for the world's first internet tax following international criticism and the largest demonstrations against the Fidesz government since it came to power in 2010. In a radio
Oct 31, 2014

RT @NeilRBuckley: Hungary abandons controversial internet tax plan after protests, international criticism @aqbyrne on on.ft.com/1toDCP7 #FT

Oct 31, 2014

Orbanomics u-turn: Hungary abandons controversial internet tax plan - FT.com on.ft.com/1xHHHyD via @FT

Russia and Ukraine reach gas deal

ft.com — Russia has secured an 11th-hour deal to resume gas exports to Ukraine, allaying concerns that Europe would face an energy crisis this winter. Moscow severed gas exports to Kiev in June amid a payment dispute that has been overshadowed by a conflict
Oct 31, 2014

ICYMI: Russia secures deal to resume gas exports to Ukraine, allaying concerns Europe would face winter energy crisis on.ft.com/1p8qJKO

Oct 31, 2014

RT @IvoHDaalder: Any bets on how long before its off again? RT @khalafroula: Russia and Ukraine reach gas deal: on.ft.com/1E6TKcW

Oct 31, 2014

RT @IvoHDaalder: Any bets on how long before its off again? RT @khalafroula: Russia and Ukraine reach gas deal: on.ft.com/1E6TKcW

Oct 31, 2014

RT @IvoHDaalder: Any bets on how long before its off again? RT @khalafroula: Russia and Ukraine reach gas deal: on.ft.com/1E6TKcW

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UK to repay part of perpetual WWI loans

ft.com — The UK government has announced that it will repay a small portion of its "perpetual" debts that date back to World War I and the South Sea Bubble National War Bonds were sold in 1917 under the slogan "if you cannot fight, invest all you can in 5% bonds", reports Elaine Moore.
Oct 31, 2014

From South Sea Bubble to QE bubble - how a 4% war loan became a high-yield bond ft.com/fastft/229142 pic.twitter.com/RWJmm2oG25

Oct 31, 2014

UK to pay off govt debt incurred due to the South Sea Bubble (1720) ft.com/intl/fastft/22… I'd like a 300-yr mortgage please

Oct 31, 2014

RT @DamonJBallinger: Hells teeth! We've got debts older than America. That's proper history...ft.com/fastft/229142/…

Gold slumps towards worst week in over a year

ft.com — Goldbugs are getting squashed. The price of gold has tumbled another 2.2 per cent today to just $1,172 per ounce. That is the biggest decline in over three months, the fifth day of losses in a row, and if it closes at this level, it will be the lowest in four years.

Your Abe put [updated]

ftalphaville.ft.com — Since we can't put charts in the Cut without borking format for a bunch of readers, here's what an increase in purchases of mostly long term bonds to Y80tn a year from Y60-70tn, a tripling of annual purchases of ETFs and REITS, and a certain GPIF rumour doing the rounds will do to Japanese equities and the yen:

Indian creditor banks move in on Vijay Mallya’s Goa mansion

ft.com — Indian banks owed money by Vijay Mallya's failed Kingfisher Airlines are preparing to seize the liquor baron's prized Goa villa, one of the toughest actions ever taken against a high-profile tycoon who has failed to repay debts. The beachfront Bali-s

Gold: mine, all mine

ft.com — If gold rusts, what shall iron do, asked Geoffrey Chaucer in the prologue of his Canterbury Tales. Traders have answered the second question. This year the lesser metal has collapsed to five-year lows. Gold could follow soon. For the third time in
Oct 31, 2014

RT @confordpark: Key support at $1,180 breached! See our Lex:on.ft.com/Z1d0Jn RT @chrisadamsmkts: Goldbugs are getting squished bit.ly/1G1HHj3

Eurozone inflation nudges higher to 0.4%

ft.com — The eurozone's inflation rate edged up to 0.4 per cent in October, in line with expectations, but remains below the European Central Bank's target for the 21st month in a row.

Middle East: Walled in

ft.com — When she drinks her morning coffee on the veranda of her house in Bethlehem, Vera Baboun, the city's mayor, can see new housing blocks rising in Jewish settlements on the hilltops a few kilometres to the north. Just across the Israeli concrete
Oct 31, 2014

Excellent analysis of Israeli moves to build illegally in East Jerusalem to prevent two state solution on.ft.com/1wh8y6m via @FT

Oct 31, 2014

RT @JohninJerusalem: Jerusalem, Bethlehem, and why the settlements issue is boiling again: my analysis (w/ video) - tinyurl.com/mk7jbfs pic.twitter.com/IUkI8dLE0J

Oct 31, 2014

RT @JohninJerusalem: Jerusalem, Bethlehem, and why the settlements issue is boiling again: my analysis (w/ video) - tinyurl.com/mk7jbfs pic.twitter.com/IUkI8dLE0J

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English men paid more if parents have degrees, study finds

ft.com — English men whose parents are university educated are likely to earn 20 per cent more than those whose mothers and fathers do not hold a degree, according to research on generational inequality across 24 countries. Researchers found that having a

RBS makes £400m provision for forex probe

ft.com — Royal Bank of Scotland has become the latest bank to take a pre-emptive hit to cover the cost of an investigation into suspected manipulation of the foreign exchange market, making a £400m provision. However, the part-nationalised bank still managed
Oct 31, 2014

Another bank, another forex provision: RBS sets aside £400m for probes ft.com/cms/s/0/3c148b…

Markets wobble as policy crutches removed

ft.com — Every big party eventually fizzles and this week the US Federal Reserve took a major step in signalling the good times for investors look numbered. For some six years, markets have relied on the Fed keeping its policy punchbowl overflowing with

Greater Manchester to get new powers

ft.com — George Osborne is to announce plans for a new mayor of Greater Manchester and a package of additional powers for the metropolitan region as the Conservatives and Labour compete to devolve more powers to the regions. The deal for Greater Manchester,
Oct 31, 2014

RT @helenwarrell: What's @BethRigby having for breakfast? Great week of scoops on arrest warrant, EU budget & now DevoManc... http://t.co/C…

Oct 31, 2014

RT @rjwilliams44: Tories created metropolitan authorities in 1972, abolished them in 1986, and now seem to be recreating them....ft.com/cms/s/0/6d544b…

Oct 31, 2014

What's @BethRigby having for breakfast? Great week of scoops on arrest warrant, EU budget & now DevoManc... on.ft.com/1uc3j9h

Oct 31, 2014

Meanwhile Mili in Mancs to set out Labour offer: cities/counties get more powers over transport to set fares/routes on.ft.com/1wJNO6a

Oct 31, 2014

Osborne's "northern powerhouse" Greater Mancs gets "metro mayor" + new powers: deal to signed off in Mancs today on.ft.com/1wJNO6a

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Russian officials walk out of Ukraine gas dispute talks

ft.com — Russian negotiators walked out of talks aimed at ending a months-long dispute over gas deliveries to Ukraine in the early hours on Thursday after failing to win guarantees that Kiev would be able to pay its bills. But EU and Ukrainian officials
Oct 30, 2014

Russia and Ukraine are close to a deal to secure gas deliveries through the winter: on.ft.com/1yK9rUg

Oct 30, 2014

RT @CSISRussia: Russia, Ukraine, EU reportedly on verge of gas, other deals, with mechanism for guaranteeing Ukraine payment agreed on.ft.com/1sL7mSv

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ECB moves house after three-year delay

ft.com — The ECB's new head quarters More than 2,600 central bankers will move house in November, when the European Central Bank finally opens its new headquarters after three years of delays. But the 45-storey glass towers next to the River Main will not

Asia bourses positive after US GDP report

ft.com — Friday 03:10 GMT. Asian markets were positive following a strong US gross domestic product report, while Japanese bourses shrugged off a swathe of disappointing economic data. The Hang Seng Index rose 0.8 per cent and the Shanghai Composite climbed
Oct 31, 2014

Dollar soars against the yen and Nikkei hits 7-year high on BoJ boost - Europe opens higher too on.ft.com/1zlwQyE