Updates on financial markets, including successful IPO of AUM and interest rate hike by European Central Bank, along with the debate on digital cash in culture wars.
Shares in chip designer Arm jumped by 25 per cent as it began trading on the Nasdaq exchange yesterday, and the European Central Bank has raised interest rates to an all-time high. Plus, the FT’s Siddharth Venkataramakrishnan explains how digital cash got caught up in the culture wars.