IMF Urges Nigeria to Maintain Tight Monetary Stance to Counter War RisksThe International Monetary Fund said Nigeria should maintain tight monetary policy to curb inflation, while cautioning that a recently announced $5 billion debt swap poses potential risks.
Sri Lanka Emerging as a New Base for Asia’s Scam NetworksThe crackdown on scam compounds in Cambodia is leading some gangs to relocate to beach resorts and office buildings in Sri Lanka, in what may be the next phase of one of the world’s fastest-growing criminal industries.
CFTC Nixes New Headquarters Plan as Prediction Markets BoomThe Commodity Futures Trading Commission is scrapping a planned headquarters move, citing a need for more space even as the regulator offers buyouts to some long-time employees.
Stocks Fall as Tech Rout, War Jitters Roil Trading: Markets WrapA fresh wave of selling swept through global equity markets as an escalation in the Middle East collided with mounting anxiety over technology stocks, rattling investors and derailing a rebound toward record highs.
Cipher Sells Junk Debt for Amazon-Tied Data Center ProjectCipher Digital Inc. raised $810 million from a junk-bond sale to help fund a data center tied to Amazon.com Inc., adding to a wave of riskier debt financing backing the artificial intelligence infrastructure boom.
FTX Co-Founder Sam Bankman-Fried Applies for Trump PardonFTX co-founder Sam Bankman-Fried formally applied for a presidential pardon, more than two years after he was convicted over the multi-billion dollar collapse of his once-thriving cryptocurrency empire.