Tokyo’s Topix dropped 2.5% at the open, taking the benchmark index down more than 30% for the year. The move followed S&P 500 index's collapse of 12 per cent on Monday, marking the biggest one-day fall since the crash of October 1987.

Forecast of a quick rebound from crisis without sustaining any persistent damage is disputed

Korean electronics group draws on lessons from past epidemics to tackle coronavirus crisis

Your daily news briefing

More than 20m lose their jobs in April as lockdowns choke world’s largest economy

Heavy redemptions during coronavirus-induced sell-off  spark concerns

LGIM to hold businesses to account for their stakeholder responsibilities during pandemic 

‘Anna Karenina principle’ suggests every unhappy economy is unhappy in its own way

Stanhope co-founder and Worms family heir says Warren Buffett and 1848 inspired his new venture

Tweaking pre-pandemic indirect EU subsidies is not the way to rescue struggling businesses

More volatility ahead as US oil storage capacity is depleting, analysts warn

European Commission and MEPs warn regulator over watering down Priips performance scenarios decried as misleading

UBS drops to second spot while Invesco slips to third in Z-Ben analysis of investment market

Popular funds’ performance woes compounded by coronavirus market sell-off

Big investors must adopt a tougher stance on balance sheet resilience

The ESG spotlight has turned to how companies treat their employees, customers and suppliers

Despite 8% drop in assets, French fund manager reports stronger performance than listed rivals

Renowned investor warns market correction is not over but there is value in commodities

Fitch says scale of support points to the systemic importance of $55tn asset management market

Efforts to improve diversity and inclusion must not be sidelined as companies rebuild

With its candidate favourite to win, Law and Justice party was insisting poll should go ahead on May 10

As relations deteriorate over the coronavirus, Washington considers curbing supply chains and investment flows

Dutch and French trade ministers say Covid-19 has focused minds on global trade and climate change

The two members have proposed tougher enforcement of environmental and labour standards

Cafés, restaurants and secondary schools to reopen in phased easing of restrictions

Georgian once mooted as next deputy prime minister, takes on top co-ordinating role

Brussels sets out tariffs proposals aimed at reducing risk of smuggling into bloc

The US president holds ownership interests in golf resorts in Scotland and Ireland

Plaintiffs plan fresh challenge against central bank’s emergency bond-buying programme

Pablo Iglesias sets out stall for shift to left with minimum income guarantee proposal

EU has reservations about allowing Britain to link to its carbon cap-and-trade system after Brexit

Economic hit of coronavirus risks exacerbating bloc’s divergence, ECB president warns

ECJ issues rare warning over EU legal order after German judges question its superiority

Europe commemorates Nazi Germany’s unconditional surrender on May 8, 1945

Brexit and coronavirus have prompted drive for improving trade resilience

Maker of Budweiser and Corona to cut costs by renegotiating contracts such as sponsorship deals

Tomi Kovanen argues that investors and pundits should temper their expectations for the industry in the short term, but increase them for the long term.

The coronavirus outbreak has accelerated the decline of America’s favourite shopping institution

Measures to ease lockdown will be costly and difficult in practice, particularly in hospitality trade

Chamonix’s cable car back in business after two months, albeit with strict social-distancing measures

As fixtures resume across the Channel, UK racing is keen to secure a swift return and avoid revenue losses

German media group Axel Springer is seeking to go private with the help of US investor KKR. Katie Martin discusses what both sides stand to gain from the move with Arash Massoudi and Tobias Buck.

Contributors: Suzanne Blumsom, executive editor, Katie Martin, capital markets editor, Arash Massoudi, corporate finance and deals editor, and Tobias Buck, Berlin correspondent.

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Facebook has revealed plans for a new global digital currency, claiming it will enable billions of people around the world without a bank account to make money transfers. Patrick Jenkins discusses the initiative and what it means for the banks with Nick Megaw, Caroline Binham and Elaine Moore.

Contributors: Suzanne Blumsom, executive editor, Patrick Jenkins, financial editor, Nick Megaw, retail banking correspondent, Caroline Binham, financial regulation correspondent and Elaine Moore, deputy head of Lex. Producer: Fiona Symon

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ECB chief Mario Draghi this week surprised the markets by suggesting that the European central bank could introduce more stimulus to support the global economy. His signal, at an ECB forum in Sintra, Portugal, caused a furious reaction from Donald Trump. Katie Martin discusses the US president’s intervention and the remarks that prompted this with Claire Jones and Chris Giles.

Contributors: Josh Noble, weekend news editor, Katie Martin, capital markets editor, Claire Jones, Frankfurt bureau chief and Chris Giles, economics editor. Producer: Fiona Symon

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The race for the US Democratic presidential nomination is hotting up with a huge field of 23 candidates all hoping run against Donald Trump in 2020.  Courtney Weaver has focused in on one of the candidates, Kamala Harris, and she talks to Neville Hawcock about how the campaign for the Democratic nomination is shaping up. Read Courtney's article here

Contributors: Josh Noble, weekend news editor, Neville Hawcock, acting deputy editor, FT Weekend Magazine, and Courtney Weaver, Washington correspondent. Producer: Fiona Symon

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Dementia is on the rise, with the numbers affected expected to treble to over 150m in the next 30 years. Clive Cookson discusses the latest treatments with London neurologist Nick Fox, and we hear reports from Edward White and Brooke Fox about initiatives in Taiwan and the US to help improve the lives of sufferers.

This podcast is supported by Home Instead Senior Care, and is part of a wider FT Special Report on Dementia Care found at ft.com/reports/dementia-care

Contributors: Josh Noble, weekend news editor, Clive Cookson, FT science editor, Professor Nick Fox, director of the Dementia Research Centre at University College London, Edward White, Taiwan correspondent, Brooke Fox, New York reporter, Tang Li-yu, secretary-general of the Taiwan Alzheimer’s Association and Kevin Jameson, head of the Dementia Society of America. Producer: Ruth Lewis Coste

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Sotheby’s has gone under the hammer for $3.7bn ending 31 years of public ownership, with the venerable auction house sold to Patrick Drahi, billionaire founder of the European telecoms group Altice. Arash Massoudi discusses the sale and what it means for the art market with Harriet Agnew and Melanie Gerlis.

Contributors: Suzanne Blumsom, executive editor, Arash Massoudi, corporate finance and deals editor, Harriet Agnew, FT Paris correspondent, and Melanie Gerlis, FT art market columnist. Producer: Fiona Symon

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Indigo, a Boston-based agritech start-up, plans to pay farmers to store carbon in soil - part of a growing field of climate-related agricultural practices that seek to reduce the amount of carbon dioxide in the air. Lauren Fedor discusses the growing focus on environmentally friendly farming methods with Leslie Hook and Emiko Terazono.

Contributors: Katie Martin, capital markets editor, Lauren Fedor, technology reporter, Emiko Terazono, commodities correspondent, and Leslie Hook, environment correspondent. Producer: Fiona Symon

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Apple’s chief designer Jonathan Ive is leaving after more than two decades in which his iconic designs for the Mac, iPod and iPhone turned one of Silicon Valley’s faded giants into the world’s most valuable company.  Janine Gibson discusses what this means for Apple and what Sir Jonathan will do next with Tim Bradshaw and Matthew Garrahan.

Contributors: Katie Martin, capital markets editor, Janine Gibson, special projects editor, Matt Garrahan, news editor, and Tim Bradshaw, global technology correspondent. Producer: Fiona Symon

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