Economic news
Indonesia’s Prabowo retreats on commodities reform amid market pressure
State-owned agency had threatened to shake up trade of nickel, thermal coal and palm oil
Karthik Sankaran on the case for yen intervention
‘I’ve been calling for an intervention at least since dollar-yen was at 150’
The trillion-dollar IPO vibes continue
Anthropic investors expect the AI start-up to float at a valuation of $2tn or more in October
JPMorgan debanked Polymarket over regulatory concerns
Largest US bank has continued to cultivate ties with prediction platform as it seeks $20bn valuation
Venezuela and its opposition want gold back from Bank of England vaults
After US-backed negotiations, the two sides said they would push to access $4bn in bullion held in the UK