I’ve been a paid subscriber of FT for years. It’s horrifically expensive and worth every penny.
I get WSJ through work and NYT/WaPo are all super cheap. I’ve just never found the quality of FT. So I decided to pay for it. Another publication I recommend is The Economist.
Apparently the only real news left is embassy cables.
For the record, I find the East Asia (and Europe) coverage decent. It's their US section that I'd say is in dire need of an improvement. Overall, a lot boils down to individual correspondents/writers: some are great while others not so much and thus best skipped (although the comments can also provide a lot of insight if the topic as such is interesting).