Economic news
Struggles of the world’s ‘second lung’ put one of the most beloved crops at risk
Lower rainfall threatens the wider belt producing three-quarters of cocoa, study says
Amundi to take 10% stake in ICG as it pushes into private credit
Deal with London-based firm boosts French group’s aim to be a ‘consolidator’ in asset management industry
Calls to abandon fed funds targeting are growing louder
The disconnect between the Fed’s policy interest rate and broader overnight money markets is a worry for some
‘Baby Shark’ creator Pinkfong pops in trading debut
South Korean studio seeks global expansion after hit song garners 16bn views on YouTube
Crypto market sheds $1.2tn as traders shun speculative assets
Bitcoin drops 28% in six weeks as worries over AI stocks spill into digital assets and high-octane bets backfire