China’s leading startup hubs record broad score declines

Beijing, Shanghai, Shenzhen and Hangzhou lost StartupBlink score points while retaining substantial ecosystem scale.

Sadraddin AghjayevNovember 10, 2026

Taiwan enters the world’s top 20 startup ecosystems

Taiwan gained five places as Japan, South Korea, Taiwan and India form a tightly packed group in the ranking.

Cyprus gains ground as Limassol enters the global startup top 200

Limassol and Nicosia are advancing in StartupBlink’s ranking, raising the visibility of a small technology market.

Lloyd’s profit falls 16.8% despite stronger underwriting

Stronger underwriting did not offset weaker investment returns. A breakdown of profit drivers explains why valuation losses are not the same as a cash shortage.

Lloyd’s pricing falls as premium growth masks pressure on insurance margins

Risk-adjusted rates fell 6.7%. Premium growth can conceal margin pressure, while buyers need to compare coverage and retained risk, not just price.

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Economy

Lloyd’s profit falls 16.8% despite stronger underwriting

Stronger underwriting did not offset weaker investment returns. A breakdown of profit drivers explains why valuation losses are not the same as a cash shortage.

Sadraddin AghjayevNovember 11, 2026

Economy

Lloyd’s pricing falls as premium growth masks pressure on insurance margins

Risk-adjusted rates fell 6.7%. Premium growth can conceal margin pressure, while buyers need to compare coverage and retained risk, not just price.

Sadraddin AghjayevNovember 11, 2026

A higher rank does not mean a higher ecosystem value

Indonesia ranks below Malaysia overall but has a higher reported ecosystem value. The measures answer different questions.

Sadraddin AghjayevNovember 11, 2026

Economy

Russia’s interior ministry outlines tax initiative for migrant workers’ families

Russia’s interior ministry has initiated additional tax payments affecting migrant workers who bring non-working relatives, Russian media report, citing Interior Minister Vladimir Kolokoltsev’s remarks to the Federation Council.

FinFly NewsroomNovember 11, 2026

What startup rankings measure: funding, companies and outcomes

A closer look at StartupBlink’s methodology, including funding, company activity and the fading contribution of older outcomes.

Zeyni JafarovNovember 11, 2026

When fintech ranks above the overall startup ecosystem

Singapore, Georgia and Kazakhstan illustrate why overall rankings cannot replace sector-specific comparisons.

Sadraddin AghjayevNovember 11, 2026

Economy

Russia’s nine-month trade surplus reaches $116.8 billion

Russia recorded a $116.8 billion merchandise trade surplus in January-September 2026, up 13.2% year on year, Russian media report, citing the Federal Customs Service.

FinFly NewsroomNovember 11, 2026

Paris and Berlin lose score points as European startup hubs diverge

Declines in several established hubs do not describe all of Europe. Paris, Berlin, Munich, Brussels and London show different trajectories.

Zeyni JafarovNovember 11, 2026

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FINFLY EXPLAINS

Not just what.
But why.

Understand the mechanisms behind the headlines.

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Instant payments: what AniPay does

Azerbaijan’s Instant Payments System supports round-the-clock transfers between bank accounts, including weekends.

Green energy: check technology and output

Solar, wind, hydro and other technologies can sit behind the label. Identify the actual energy source first.

Grace periods depend on amount and deadline

A grace period can avoid interest when the card’s conditions are met. An advertised number of days is not the full calculation rule.

Blogs

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Opinion pieces from the newsroom, experts and entrepreneurs.

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FINFLY DATA

Economy in numbers

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GDP 102,048.2 AZN mn

January–September 2026+1.5%

Inflation 5.7 % y/y

January–September 2026

CBAR refinancing rate 6.5 %

effective from 2026-02-05

USD/AZN 1.7 AZN

official rate on 06.11.20260%

FINFLY WATCH

From announcement to outcome

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Construction

Bilasuvar solar plant: 445 MW

Financial close and first-panel installation are documented, not whole-plant commissioning.

Project timeline ↗Inaugurated

Trans-Caspian fibre-optic link

The Trans-Caspian fibre-optic link between Sumgayit and Aktau was officially inaugurated on 15 October 2026. The announcement gives a length of about 380 km and capacity exceeding 400 Tbit/s. These technical specifications are not actual commercial traffic figures.

Project timeline ↗