FT News Briefing

China’s not so Evergrande

Binance has bowed to pressure from customers who want to hold their assets with an independent custodian, a Hong Kong court has ordered property giant China Evergrande to be wound up, and Brazil’s President Luiz Inácio Lula da Silva is returning to an old but controversial playbook to jump-start the country’s economy. Mentioned in this podcast:<a href="https://on.ft.com/3OlScYs" rel="noopener noreferrer" target="_blank">Binance bows to trader demands to keep their assets elsewhere</a><a href="https://on.ft.com/3ue4pHQ" rel="noopener noreferrer" target="_blank">Chinese developer Evergrande ordered to be wound up by Hong Kong court</a><a href="https://on.ft.com/497KbOG" rel="noopener noreferrer" target="_blank">China Evergrande liquidation to test Hong Kong’s reach</a><a href="https://on.ft.com/3OhEuWE" rel="noopener noreferrer" target="_blank">Lula’s playbook: Brazil bets on a return to state capitalism</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. <a href="https://www.ft.com/content/3625f15d-42e2-40dd-9c84-3fe404e485a7" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.