Asia’s young, self-made billionaires are a decade younger than their American and European peers. Having made their fortunes in tech and crypto—and with larger risk appetites than the “old money” rich—Asia’s nouveau riche manage their wealth very differently. “What if somebody comes with $100 million of stablecoin? You can’t take them to a local bank,”
The Ford Foundation on Thursday laid out a new strategy that reorients the 90-year-old grantmaker around what it calls the “preconditions for thriving democracies,” from the rule of law to trustworthy information and inclusive economies. Some have considered it the Ford Foundation’s most significant strategic shift since 2015, when former president Darren Walker focused the
Indonesian President Prabowo Subianto declared that Indonesia will not be “intimidated” by MSCI’s proposal to downgrade the Southeast Asian country’s market to “standalone” status, alongside Argentina, Nigeria, and Ukraine. “Our country continues to face all sorts of disturbances, including the MSCI. They are trying to intimidate us,” Prabowo said during an address to his cabinet. “I
Rockstar Games’ Grand Theft Auto VI doesn’t come out for another month, but Miami is already starting to look a lot like Vice City. The hype around the game is hard to overstate. It arrives Nov. 19 on PlayStation 5 and Xbox Series X|S after two delays, and eight years after Rockstar’s last major release,
China on Monday said its economy grew 4.5% for the July-September quarter from a year ago fueled by robust exports, moving closer to meeting its official annual growth target as the year nears its end and at a time when its trading partners felt an increased urgency in balancing their trade deficits with the country.
Canadian Prime Minister Mark Carney said Sunday that four service members were killed and dozens more seriously injured in a fire at a military base in Alberta, describing it as one of the worst peacetime tragedies for Canada’s military on domestic soil. Fire crews scrambled late Saturday as fierce winds whipped flames beyond Canadian Forces Base Wainwright
