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Russia’s central bank is expected to raise its key interest rate beyond its record of 21 per cent on Friday, as policymakers struggle to tame inflation in what Vladimir Putin described as an “overheating” war economy. Elvira Nabiullina, the hawkish…

Only 122 AI funding deals took place in Southeast Asia in 2024, compared to APAC’s total of 1,845. Read More Source link

Stay informed with free updates Simply sign up to the UK property myFT Digest — delivered directly to your inbox. Sadiq Khan’s flagship London housing fund may require a bailout after repeatedly missing repayments on a £300mn state loan and…

Erno Rubik’s Cube still sells millions after 50 years because it refuses to freeze in time. Read More Source link

When Wirecard went belly up a few years ago, Deutsche Bank ended up with a loss of just €18mn — miraculously little for a bank that had up until then made a habit of ambling into nearly every major financial…

Xi on Friday touted Macau’s achievements under Chinese rule, including its international appeal and a per capita GDP that is one of the highest in the world. Read More Source link

A clutch of cryptocurrency-focused hedge funds has made a windfall in recent weeks as Donald Trump’s election win fuelled a powerful rally that propelled bitcoin above the $100,000 milestone. Funds employing crypto strategies posted gains of 46 per cent in…

Morgan Stanley calls Pop Mart a “global brand in the making.” Read More Source link

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Leading central banks have warned that inflation is proving stickier than expected and that they will only cut…

The proposed Hollywood studio merger between Paramount and Skydance Media received a new challenge this week. Read More Source link