Ethereum developers plan to release a public test network for the Shanghai upgrade, which will include code allowing withdrawals of ether staked in the Beacon Chain since December 2020, by the end of February.In a call on January 5, Ethereum developers chose March 2023 as the tentative…

European stocks and US futures rose on Monday, as investors bet that cooling inflation on either side of the Atlantic will allow central banks to slow the pace at which they raise interest rates early this year. The regional Stoxx Europe 600 climbed 0.4 per…

UK fund manager Terry Smith was paid more than £36mn last year as his investment boutique Fundsmith posted a bumper profit.The fund company, which Smith established in 2010, reported record annual profit after tax of £58.2mn in the 12 months to the end of March…

Japan is grappling with the biggest drop in living standards in nearly a decade as inflation continues to soar. The world’s third largest economy reported its worst real-wage decline in more than eight years on Friday, a day after its leader asked businesses to hike…

China’s heavy-handed crackdown on tech giants is coming to an end and the country’s economic growth is expected to be back on track soon, according to a top central bank official. The crackdown on fintech operations of more than a dozen internet companies is “basically”…

Good morning. Scenes in Brasília over the weekend brought back painful memories of two years ago in Washington. Trump might be receding into the rear-view mirror, but anti-democratic populism is not. Send me some good news, please: robert.armstrong@ft.com.The news on wage growth was not all…