Indonesian stocks crash for second day
Jakarta Composite index falls 10% as investors worry about potential reclassification
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Fintech PicPay owned by Batista beef barons valued at $2.5bn in New York IPO
Brazilian digital lender raised $434mn in Nasdaq flotation
US crypto industry raises record war chest for midterm election campaigns
Fairshake political action committee has amassed $193mn to support candidates sympathetic to the sector
Federal Reserve signals no rush to cut rates as economy powers ahead
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’
Metals surge boosts value of mining groups by almost $500bn
Moves fuelled by surge in prices of precious and base metals triggered by heightened geopolitical tensions
Illicit crypto flows surge to record $158bn
Sharp rise in money sent to criminal wallets comes after volumes had been declining