Russia Hikes Key Rate To 20% In Emergency Move, Tells Companies To Sell FX
(Reuters) – The Russian central bank raised its key interest rate to 20% from 9.5% on Monday in an emergency…
2022
Ruble plummets as sanctions bite, sending Russians to banks
MOSCOW (AP) — Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the…
Olam Focused On Q2 London IPO Of Food Ingredients Unit; Watching Markets
SINGAPORE (Reuters) – Commodities trader Olam International is focused on completing the IPO of its food ingredients unit in the…
Europe, Canada close their airspace to Russian airplanes
Europe and Canada said Sunday they would close their airspace to Russian airlines after Russia’s invasion of Ukraine, raising the…
South Korea Bans Exports Of Strategic Items To Russia, Joins SWIFT Sanctions
SEOUL (Reuters) – South Korea will tighten export controls against Russia, by banning exports of strategic items, and join Western…
Chinese EV Maker Nio Pursues Hong Kong, Singapore Secondary Listings
By Scott Murdoch and Anshuman Daga SYDNEY/SINGAPORE (Reuters) -Chinese electric vehicle (EV) maker Nio Inc plans to carry out secondary…
China’s February Factory Activity Likely Shrank Amid Holidays, Olympics
BEIJING (Reuters) – China’s factory activity likely contracted in February on slower production after the Lunar New Year holiday and…
Rouble Tumbles To Record Low As West Steps Up Russian Sanctions
SINGAPORE (Reuters) -The Russian rouble tumbled to a record low against the dollar on Monday, after Western nations announced a…
Rouble Plunges To Record Low, Dollar Holds Firm As West Bolsters Russia Sanctions
By Kevin Buckland and Alun John TOKYO (Reuters) – The rouble plunged to an all-time low on Monday, and the…
Asian shares rise amid Russia-Ukraine talks, oil worries
TOKYO (AP) — Asian shares rose Tuesday as global investors eyed talks aimed at ending the Russian military assault on…