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Welcome to First FT. Here are today's top stories.
Dutch voters are going to the polls today in a general election that is seen as a bellwether for the strength of populism in Europe. The tight race has been hit by a diplomatic spat with Turkey and concern over growing support for far right populist politician, Geert Wilders.
Elite Tax Return has shed light on the tax affairs of US President Donald Trump. According to the two-page document, which has been confirmed as genuine by the White House, the president paid an effective tax rate of 25% in 2005 on income of $150 million. The return did not reveal his income sources.
And Cathay Pacific has reported its first annual loss for eight years. Shares in Hong Kong's flagship airline fell nearly 7% on Wednesday after reported a net loss of $74 million for 2016. The loss was due to increased competition from mainland Chinese airlines, falling demand for premium class seats, and overcapacity in its cargo unit.
For more of today's top stories go to ft.com/firstft.
