The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite.

Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduced new measures to boost its sluggish economy.

Sonja Hutson Good morning. From the Financial Times. Today is Wednesday, September 25th, and this is your FT News Briefing. The US Department of Justice accused Visa of foul play. And Beijing is trying to jolt its economy back to life with a big round of stimulus. Plus, Sri Lanka’s new president buckles down for a rough road ahead.