#techAsia is co-ordinated by Nikkei Asia’s Katherine Creel in Tokyo, with assistance from the FT tech desk in London. Sign up ...

UK government borrowing rose in April, confounding expectations of a fall, ahead of Chancellor Rachel Reeves’ spending review next month.

In most cases, a budget that includes a positive “fiscal impulse” — more borrowing, more spending, a wider deficit — pushes cash into the financial system. That money eventually shows up as higher ...

Good morning. News to start: Romania’s new president has told the Financial Times that Bucharest will back Nato’s new 5 per cent spending goal even while cutting its record public deficit, as Nicușor ...

Gauke review calls for jail time for offenders given sentences of less than 1 year to be scrapped in push to cut overcrowding ...

New Delhi and Islamabad dispatch delegations to global capitals to push their case after worst fighting in decades ...

Also in today’s newsletter, Israeli embassy staff killed in Washington and Nestlé CEO complains about predecessor ...

Sonja Hutson I’m Sonja Hutson, and here’s the news you need to start your day.

Two staff of the Israeli embassy in Washington were shot and killed outside an event at the Jewish museum in the US capital ...

This series features conversations with the sports world’s most influential owners and executives. In the first instalment, Toto Wolff — principal and part-owner of the Mercedes F1 team — talks ...

Financing, regulation and different rail systems mean potential competitors are years away from launching services ...

Messaging app’s finances are booming even as chief Pavel Durov fights French case over alleged content failings ...