China expands private pension scheme and adds index funds

• Weak China retail sales add to pressure on Beijing to lift economy

  Consumption rises less than forecast in November, highlighting why leadership made it the top economic concern
  
  Financial Times - 1d

• Reeves puts pensions review on hold to avoid extra burden on UK business

  Some experts argue current savings rates will leave people without adequate retirement pots
  
  Financial Times - 3d

• China Evergrande liquidators put founder’s private jet up for sale

  Airbus plane was one of several markers of wealth amassed by Hui Ka Yan during now-collapsed developer’s boom years
  
  Financial Times - Dec. 10

• Elon Musk’s X.AI wins $6 billion in private funding as the latest unicorn to avoid an IPO

  X.Ai, a competitor to ChatGPT parent OpenAI, disclosed a large round of funding without the need to become a public company.
  
  MarketWatch - Dec. 6

• CFP Anger Index: Bama over ... everyone?!

  The five teams that have the most to be upset about with the second-to-last College Football Playoff ranking.
  
  ESPN - Dec. 5
• 

  GSK, China's Zhifei Expand Shingles Shot Collaboration

  GSK extended its collaboration with Zhifei to commercialize its shingles vaccine Shingrix in China until 2034.
  
  The Wall Street Journal - Dec. 5
• 

  How Private Funds Could Hurt Americans Under Trump

  The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.
  
  The New York Times - Dec. 3

• BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

  The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.
  
  CNBC - Dec. 3
• 

  WW2 veteran urges PM to end 'brutal' frozen pension policy

  Anne Puckridge is calling on the new government to unfreeze the pensions of some Britons who live abroad.
  
  BBC News - Dec. 3

More from Financial Times

• Where the US-China trade war meets AI hype

  Financial Times - 2h

• Why von der Leyen knows the path to Syria’s future runs through Turkey

  Financial Times - 2h

• FirstFT: Dollar set to extend Trump rally, says Wall Street

  Financial Times - 3h

• Sweden open to power cable project if Germany reforms, minister says

  Financial Times - 3h

• A new chapter for the velvet makers of Venice

  Financial Times - 3h