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They’re each $10 million richer but, after a celebratory Tomahawk ribeye with their families, three friends from the eastern suburbs plan to keep on working.The trio bought the only winning ticket in last week’s $30 million Powerball jackpot at a High Wycombe newsagency — just as they have done for the past nine years.While their numbers came up on Thursday evening, the trio didn’t get the amazing news until Saturday.“I had a few tickets to check but when I got to this one the retailer quietly took me to one side,” a winner, who wished to remain anonymous, said.“I didn’t…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Gold hit a record $3,500 a troy ounce for the first time and the dollar fell on Tuesday, as Donald Trump’s sustained attack on US Federal Reserve chair Jay Powell added to fears over the prospects for the world’s largest economy.In a rush to haven assets, gold climbed 2.2 per cent to $3,500.10, cementing its position as one of the biggest winners from Trump’s return to the White House. The Japanese yen strengthened above ¥140 per dollar for the first time since…

Stay informed with free updatesSimply sign up to the UK property myFT Digest — delivered directly to your inbox.The owner of a skyscraper designed by renowned British architects Foster + Partners has launched a lawsuit over one of the City of London’s biggest developments, saying the 36-storey tower will obstruct the light.Kuwait’s sovereign wealth fund, which owns the freehold to the Willis Building in the heart of London’s financial district, is bringing the case against plans for the nearby development of 50 Fenchurch Street by Axa Investment Managers.The High Court action is the latest dispute arising from a spate of projects…

HANOI: Vietnam’s trade ministry has issued a directive to crack down on illegal transhipment of goods to the United States and other trading partners as it tries to avoid steep US tariffs, according to a document reviewed by Reuters. The ministry in the directive, which was dated and effective Apr 15, said trade fraud was likely to increase amid growing tension caused by US tariffs. That in turn would make it „more complicated to avoid sanctions that countries will apply to imported goods“ if fraud is not prevented, it said. The directive did not specifically name any countries where transhipment…

Russian president signals ‘positive’ outlook on bilateral peace talks after Ukraine proposed a 30-day ceasefire.Russia’s President Vladimir Putin has indicated that he is open to the prospect of direct talks with Ukraine. Putin told Russian state TV on Monday that he had a “positive attitude towards any peace initiatives” and that he hoped Kyiv would “feel the same way”. Moscow and Kyiv have held no bilateral talks since the immediate aftermath of Russia’s February 2022 invasion. However, the United States has been raising the pressure on them to agree to a ceasefire. Kremlin spokesman Dmitry Peskov said Putin’s comments, following…

President Trump remains on the attack against Jerome Powell, deriding the Federal Reserve chief in a social media post on Monday as a „major loser“ and pressing him to lower interest rates „NOW.“The latest blast comes just days after Mr. Trump said on April 17 that Powell’s „termination cannot come fast enough.“ On Friday, National Economic Council Director Kevin Hassett also said the Trump administration is studying whether firing Powell is an option. Interest rates are at the heart of Mr. Trump’s complaint about Powell’s performance, with the president arguing that the Fed should act to lower the cost of borrowing for consumers…

Richmond defender Noah Balta says he “let a lot of people down” as the club has accepted a court ruling which will stop him from playing in at least four upcoming games, including Thursday’s Anzac Day eve clash against Melbourne, because of a night time curfew.Balta was handed a 10pm-6am curfew until July 22 and a ban on interstate travel as well as being convicted and fined for assaulting a man outside a regional NSW venue.The Tigers defender, who return to the AFL last weekend after serving a six-game club imposed ban, was sentenced at Albury Local Court after pleading…

The US Commodity Futures Trading Commission (CFTC) is seeking public feedback on the possibility of allowing round-the-clock derivatives trading and introducing perpetual futures contracts. The move would bring traditional markets closer in line with the cryptocurrency sector, which has long operated on a 24/7 basis.In a statement released Monday, acting CFTC Chairman Caroline Pham said the agency must take a forward-looking approach to evolving market structures. “The CFTC must take a forward-looking approach to shifts in market structure to ensure our markets remain vibrant and resilient while protecting all participants,” she said. “One evolving trend is the move to 24/7,…

CRITICAL JUNCTURE The upcoming party polls come at a crucial juncture for PKR, an ethnic Malay-dominated multi-racial party. While the party enjoys a pivotal position in national politics and its leaders occupy key Cabinet positions, such as the finance and home portfolios, PKR’s perch is seen to be wobbly, mainly due to Malaysia’s deeply fractured political landscape. The general election in November 2022 failed to produce an outright winner and Anwar assumed the premiership only after his PH coalition led by PKR formed a unity government with the Barisan Nasional pact led by the United Malays National Organisation (UMNO). PKR,…

Check out the companies making headlines in midday trading: Hertz — The rental car company dropped about 5% after the stock rallied 112% after Bill Ackman revealed a big investment . Pershing Square has taken a 19.8% stake in Hertz with outright share ownership and total return swaps. Ackman believes Hertz is „uniquely well-positioned“ in President Donald Trump’s tariff regime as auto duties are likely to cause used car prices to rise. Tesla — Shares of the electric vehicle company declined 5.8% after Barclays cut its price target on Tesla ahead of its first-quarter earnings report. The firm cited „confusing“…