Bad news bears (market)

US stocks dipped into bear market territory, two major cryptocurrency players blocked withdrawals, and British prime minister Boris Johnson published legislation to make sweeping changes to trading rules for Northern Ireland. Plus, hundreds of Japanese companies have left Tokyo for the countryside —  will it have a lasting effect?Note: We wanted to apologize to our listeners for not publishing a show on Monday, June 13. This was due to a technical error.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:US stocks trade in bear market territory as sell-off acceleratesBitcoin tumbles after crypto lender Celsius blocks all redemptionsWhat does Northern Ireland protocol bill do and why is it contentious?The great Tokyo exodusThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.