In 2015, the stock ticker for a toymaker-turned-solar company exploded into one of the most valuable companies on the Hong Kong market with a value of $40bn. The soaring share price of Hanergy Thin Film and the fortunes of its China-based parent, Hanergy, prompted an FT investigation -- and Hong Kong regulators continue to probe the company


Shining a light on China's solar star

Breakneck growth of world's most valuable panel maker

Hanergy: The 10-minute trade

FT analysis highlights unusual trading patterns over the past two years

FT Investigation: The strange tale of ticker ‘566’

How an obscure toy maker was transformed into Hanergy Thin Film, a solar group whose value touched $40bn before a dramatic fall back to earth

Cyber insecurity

Cyber insecurity: US losing the battle

Vital US agencies lack basic IT defences

Banking Regulations

Standard Chartered: The Iranian connection

The FT has identified transactions that put the UK-listed bank at risk of further sanctions penalties

The businessman Sam Pa in front of the Pyongyang skyline. His Queensway Group is linked with KKG, a North Korean enterprise
©Dreamstime; Noor Bank

North Korea: The secrets of Office 39

Shadowy organisation’s alliance with Queensway Group helps Pyongyang bring in cash

Clockwise from bottom left: Angolan oil drilling; Sam Pa in May 2014; 88 Queensway, Hong Kong; port in Conakry, Guinea; uncut African diamonds
©AP/ Getty/ Eric Nathan

China in Africa: the middleman

For a decade, Sam Pa opened the doors for Beijing. But his story reveals a troubling side to China’s ambitions

China in Europe
China in Europe logo

Silk Road Redux

An FT series examines the growth of Chinese investment into Europe since the eurozone crisis

Bahrain land deals
The $2.5bn Bahrain Bay development built on reclaimed land, is one of the projects fuelling controversy

Bahrain land deals highlight alchemy of making money from sand

Undersea plots spark questions on public and royal ownership

The eurozone crisis

How the euro was saved

In the first of a series on the year that forever changed Europe, Peter Spiegel recreates the three days in November when the eurozone crisis hit its lowest point

Voices from baghdad
A car bomb attack in Baghdad on January 15
©Ayman Oghanna for The New York Times

Baghdad: Voices from a traumatised city

Ten years ago Christine Spolar reported on the Iraq war. Last month she returned to find old colleagues and friends living in fear, in a city traumatised by violence

Currency Probes
Foreign exchange trading probes

Forex trading probes

Authorities in Switzerland, the UK, Hong Kong and the US are investigating whether some of the biggest banks in the world rigged the foreign exchange market

Libor investigation

Libor scandal

What is the London interbank offered rate and how did things go wrong? The FT explains Libor with exclusive stories, commentary and analysis

iron-ore drilling in Simandou Guinea

Bribe claims taint Steinmetz’s Guinea gem

Inquiry evidence appears to put billionaire at centre of claims

qatari deals

Qatar: what’s next for the deal hunter?

As the global economy recovers, the nation must grapple with the end of sky-high returns

Death in Singapore
Shane Todd on a dragon boat in Singapore during an outing with friends and colleagues in 2011

Death in Singapore

On June 24 last year, the body of Shane Todd, a young US electronics engineer, was found hanging in his Singapore apartment. Police said it was suicide, but his family believes he was murdered

Vatican Bank

The scandal at the Vatican bank

An 11-month FT investigation reveals the extent of mismanagement at the €5bn-asset bank

corporate tax

Cadbury: The great tax fudge

The beloved British confectioner ran aggressive tax avoidance schemes at odds with its image

Amazon's warehouse in Rugeley, Staffs, looks like huge blue box. It is the size of nine football pitches
©Ben Roberts

Amazon unpacked

When Amazon opened a warehouse in the struggling former coal-mining town of Rugeley, locals were thrilled. But, for many, this soon turned to bitter disappointment. The FT explores the backlash against the online behemoth

From warehouse to powerhouse

Once just a book seller, the company provides vital logistics for many but it seems set to face sterner political scrutiny

The City and ENRC

ENRC looks to dig itself out of a hole

Taking miner private would ease troubles for oligarchs

Mine deal adds to scrutiny of ENRC

Deal will raise more questions about transparency

ENRC’s Zambian assets deal in spotlight

Miner paid 46 times what founders paid for them years earlier

View of the skyline of the Square Mile, City of London. puknews
©John Wellings

New money put City’s reputation at risk

UK’s regime helped open door to questionable overseas entrants

City grandee warned over governance

Sir Paul Judge warned former CEO Felix Vulis about staying on

Deutsche Bank and Morgan Stanley resign as ENRC’s brokers

Lenders unlikely to act as advisers on a potential bid

China and Bo Xi Lai connections
Bo Xilai
©Ng Han Guan/AP

Bo Xilai: power, death and politics

The alleged murder of Neil Heywood has brought down one of China’s powerful politicians – and exposed a power struggle that has rocked the Communist party

Bo family bought luxury London flats

FT probe reveals hidden life of ousted Chinese official

Gu’s sister fronted property company

Latest revelation about Bo family’s lavish lifestyle

Money and Power

Uzbekistan: The leading lady

Investigations shed new light on the business dealings of an autocrat’s pop-singing daughter

London Stock Exchange

The dynasty that charmed the City

The FT investigates Bumi and the Bakries, Indonesia’s most entrepreneurial family

Marvel's The Avengers

Superheroes soar above Disney tensions

Marvel chief’s influence has shaken things up at the group

2012 Investigations

Finance and fraud: Serious shortcomings

SFO investigation of Tchenguiz brothers crystallises concern about UK’s anti-fraud body

Fraud agency in dock over Tchenguiz case

SFO must justify continuing investigation after mistakes

On the rocks

A reconstruction of how the Costa Concordia ran aground off the coast of Italy

Concordia ‘not first to deviate from routes’

Captain of capsized ship accused of delaying SOS call

Iraq sends crucial fuel oil to Syria

Deal triggers US concern and exposes Assad difficulties


FT Investigations

Hear some of the best-reported stories from the Financial Times’ investigative journalists. The dialogue in these podcasts is based on interviews, court records and other documents. We pace each story over a series of episodes.



FT investigations have been recognized for excellence in innovation, storytelling and data-rich journalism.

In 2015, 'Hanergy: the 10-Minute Trade' is shortlisted for the Foreign Press Association awards. 'Silk Road Redux: China in Europe' won honours as Business Team of the Year at the British Press Awards. 'China in Africa: The Middleman' was named best investigation by the Society of Publishers in Asia.

'Austerity Audit' was best web-based investigation in 2014 by Editor Editor & Publisher in the US and shortlisted in the British Press Awards. 'Death in Singapore' was highly commended by the British Society of Magazine Editors and shortlisted for the Gerald Loeb Awards in the US. In 2013, 'Qatar: From Emirate to Empire' won feature story of the year by the Foreign Press Association. In 2011, 'Tax Wars', a series on tax avoidance, was name best online investigation by the Overseas Press Club in the US as well as the Society of American Business Editors and Writers.

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