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The Bank of Russia today (June 19) cut interest rates by less than expected, announcing an easing of 25 basis points to 14.25%. The bank had been expected to cut by 50bp.In a statement, the bank struck a somewhat hawkish tone: “Fiscal policy over the three-year horizon will be more accommodative than previously expected. This may require a higher key rate path than assumed in the April baseline scenario.”In a separate statement, governor Elvira Nabiullina said there had been a slight improvement Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along…

Urbelis said he believes AI could eventually reshape the standard of care around smart contract development. Historically, teams could point to the cost and complexity of audits as a reason certain reviews were not performed. That argument becomes more difficult when sophisticated security analysis is available on demand.”A clean AI report will be seen as no defense,” he said. “A plaintiff may well argue it the other way: the tool existed, it was cheap, and you should have caught it.”The prospect raises broader questions for the industry: if AI-powered security reviews become ubiquitous, will investors expect them before funding projects,…

Key PointsNetflix’s stock price-to-earnings ratio has declined by 59% in the past five years.As a more mature business, it’s obvious that its growth will slow down in the future.10 stocks we like better than Netflix ›Since it’s a category-creating enterprise known for its innovative and disruptive identity, it’s no surprise that Netflix (NASDAQ: NFLX) has been a huge winner. Despite shares currently trading 42% below their all-time high from June 2025 (as of June 18), they have still climbed 715% in the past decade.Is the leading streaming stock cheap or overvalued today? Here’s what investors need to know.Where to invest…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxAWS has launched its first Local Zone in Hanoi, marking its initial infrastructure deployment in Vietnam to support data residency and low-latency cloud computing.The new facility allows organisations in highly regulated sectors, such as banking, fintech, and healthcare, to store and process data locally.This infrastructure helps enterprises comply with domestic data localisation requirements while reducing the operational burden of maintaining private servers.The Hanoi deployment offers single-digit millisecond latency, which supports applications requiring real-time responsiveness.This capability benefits financial services executing high-frequency trades, as well as gaming and live-streaming companies…

Iran’s Khatam-al Anbiya HQ announced that the Strait of Hormuz will be closed to all maritime traffic. The military headquarters cites US breaches of the war-ending deal and ongoing Israeli ceasefire violations, along with the non-withdrawal in Lebanon. They warned this is only the “first step.” The Revolutionary Guard put out a similar statement yesterday.There is an under-discussed risk that Iran wants to keep fighting. They have this tremendous leverage right now with Trump openly admitting that the oil situation would get very bad in four weeks. They may also sense that the US will never stay in the current…

“If you find a need in your community, there’s likely an organization that will help you get involved.”

Bolivia’s Paz declares state of emergency to break protest gridlock

The Hugh and Maxine Loudon Business Park in Clarinda, a 61-acre city-owned site along U.S. Highway 71 and Iowa Highway 2 bypass, has earned an Iowa Certified Site designation from the Iowa Economic Development Authority (IEDA). This designation signals the completion of environmental and infrastructure assessments and other due diligence to reduce risk and shorten timelines for development. Located in Page County in southwest Iowa, the park has benefited from prior investments in roads, water, sanitary sewer, storm sewer, and site access. The certification, supported by the Iowa Rural Certified Site Initiative and overseen by Quest Site Solutions, aims to…

June 18, 2026 Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc. For release at 3:00 p.m. EDT The Federal Reserve Board on Thursday announced that it had prohibited Thomas Engelbrecht from future participation in the banking industry and fined him $125,000. Engelbrecht is the former chief executive officer of Bank of Eufaula and a former director of the bank and its holding company, S N B Bancshares, Inc. In his former roles, Engelbrecht leveraged his position to cause the bank to provide imprudent extensions of credit to…

SpaceX Executives ring the Closing Bell at the Nasdaq on the debut of their IPO on June 12th, 2026.Adam Jeffery | CNBCSpaceX’s IPO didn’t just mint the biggest debut in market history — it also triggered a leveraged ETF historic land grab.Within days of SpaceX going public, competing fund firms launched 11 leveraged exchange-traded funds tied to the stock, with the trading volume that followed shattering expectations. There was over $10 billion in levered ETF trading during SpaceX’s first week on the stock market, a shortened holiday trading week which encompassed four days through Thursday. It was one among the…