The Financial Times

Ant Financial IPO plans pushed back again

Battle with Tencent for market share in China has erased profitability

Tesla shares fall after JPMorgan cuts price target

Analyst reverses course after concluding funding for a buyout was not ‘secured’

Venezuela’s PDVSA agrees to $2bn Conoco payout

Deal ends a dispute that had disrupted the state-controlled group’s exports

Koreans reunited as denuclearisation stalls

Meetings between separated relatives come as US maintains tough sanctions

US banks tap the brakes on consumer credit

Spending is up, but concern is growing over credit quality and profitability

PepsiCo strikes $3.2bn deal to buy SodaStream

Beverage and snacks group looks to continue health-conscious strategy for growth

Ex-UBS worker calls for police inquiry into alleged assault

‘I want some form of justice — he wronged me’

Apple culls apps in China after state media criticism

iPhone maker drops gambling apps amid accusations of failing to filter illegal material

Electric cars: the race to replace cobalt

Carmakers want new batteries that are not dependent on metals from the Democratic Republic of Congo

The incestuous ties that bind auditors and watchdogs

Concerns that audit market is too beholden to the clients whose numbers it vets

Swedish state is in crisis, says election favourite

Ulf Kristersson sees crime wave as serious as 1990s financial meltdown

What next for cryptocurrencies after bubble bursts?

Bitcoin, the original and most valuable crypto, has plummeted from $19,000 to $6,000-$8,000

EU hopes for closer ties with Ankara after US-Turkey spat

Brussels sees opportunity to woo Erdogan whose help it needs in Syria and over migration

Trade war imperils foreign banks’ China plans

Scramble to take majority stakes in mainland operations under threat

Japan’s Shiseido touches up its M&A strategy

Asia’s biggest cosmetics group shifts focus to AI and personalised beauty

HK dollar pressure coming from weak renminbi

More action expected from the HKMA to strengthen the local currency

Commodity prices suffer as emerging markets tumble

Fear that slumping resources prices is harbinger of weaker growth in China

Canada’s CPPIB to double China asset allocation

Pension scheme looks to tap fast-growing emerging markets for greater returns

Imran Khan launches premiership with austerity vow

New Pakistan leader promises to cut spending in effort to tackle crippling national debt

Brussels to act against tech groups on terror content

Threat of fines after commission sees insufficient progress on voluntary action