The Central Bank of Russia lowers its key interest rate to 14.5%. The regulator also revised its 2026 oil price forecast for tax purposes to $65 per barrel and adjusted interest rate projections for 2027.

UPDATE: The Central Bank of Russia lowers its key interest rate to 14.5% from 15%. The move marks a shift in monetary policy for the country.

The Central Bank of Russia has lowered its key interest rate to 14.5% from 15% per annum.

Mars FX US LP hedge fund files for bankruptcy as $600 million in assets go missing. The fund, managed by David Choi, previously reported average annual gains of 19% with no monthly losses.

David Choi's hedge fund, Mars FX US LP, has filed for bankruptcy with approximately $600 million in assets reported missing.

Merck & Co Inc launches a cash tender offer for Terns at $53.00 per share.

Merck & Co Inc has initiated a cash tender offer to acquire Terns at a price of $53.00 per share.

Economists revise US inflation outlook, projecting only one Federal Reserve interest-rate cut this year as energy costs rise due to the Iran war.

Economists have increased their US inflation forecasts and now project only one Federal Reserve interest-rate cut in 2026, citing higher energy costs resulting from the Iran war.