The answer is simple: by literally any measure, the Financial Times is just a better paper. It covers the world as it is—a global battle not of ideas or values, but of economic and political interests.
Compared to the Times, the reporting is usually more in-depth; the reporters generally have more expertise; the coverage is more comprehensive both geographically and substantively; even the op-eds are better (likely because they are far fewer, and they’re not used to pad the paper with “content”—confessionals, puff pieces, listicles—rather than reporting). Most refreshing, the FT does not lose itself in the mire of myopic American culture wars, which very rarely breach the surface of material politics and/or economics. When it does run soft news, it’s higher quality (Rana Foroohar’s “Lunch with the FT” with Rebecca Solnit, for example, transcends the genre of fawning celebrity profile into an understated but scathing critique).
Conversely, the New York Times is the flagship publication for liberal triumphalism; it holds the line of Francis Fukuyama’s “End of History”—the notion that all serious ideological conflict crashed to a halt with the suspension of the Cold War, with very little at stake in future political disputes beyond regional trade accords and fine-tuning of currency regimes.