China in October purchased the maximum volume of liquefied natural gas since the beginning of this year and surpassed Japan in terms of imports for the first time in 2022. LNG shipments to China in October 2022 totaled 6.42 million tons (8.349 billion cubic meters) compared with 6.9 million tons a year earlier, Chinese customs […]

The economic calendar is quiet this week before the Christmas holidays, with the Bank of Japan the last of the major central banks to meet this year. In the U.S., the release of housing and consumer confidence data will provide new insight into the strength of the economy amid recession fears. Prospects for a “Santa […]

The Hungarian authorities did not support the introduction of a cap on the cost of gas in the European Union, calling the decision harmful and dangerous, the country’s Foreign Minister Peter Szijjarto said. This is reported by the agency Prime. The head of the ministry noted before the meeting of EU energy ministers that Budapest […]

Shares of kikshering Whoosh rebounded after Friday’s 15% drop. Quotes of the company rose by 12.9% and at a maximum of 175 rubles per paper, according to the data of the Moscow Exchange on Monday, December 19. Nevertheless, the value of Whoosh shares remained 5.4% below the IPO price. By 13:20 MSC growth slowed to […]

Insurers are denying or limiting coverage for customers at risk from bankrupt cryptocurrency exchange FTX, Reuters reports. Now the collapse of FTX last month has heightened fears. Lloyd’s of London and Bermuda Insurance Markets are demanding more transparency from cryptocurrency companies about their exposure to FTX. Insurers are also proposing broad policy exclusions for any […]

The countries of the European Union have almost completed negotiations on limiting gas prices. This was announced by French Energy Minister Agnes Pannier-Runachet, CNBC reported. According to the draft agreement, a cap will be imposed if contract prices for the coming month at the Dutch TTF, the main benchmark for natural gas prices in Europe, […]

Japan’s Toyota Motor Corp. increased production by 1.5% in November compared to the same month last year to 833,104,000, the company said. That’s a record high for the month, Kyodo News noted. Toyota increased output at its overseas plants by 3.8% to 566,93 thousand vehicles. Including in North America, it increased by 5.9%, and in […]

Novak said about the “imminent” gas shortage in Europe due to sanctions, and Apple may break its streak of quarterly revenue growth for the first time in 3.5 years – these and other important news for Monday morning, December 26, in our daily review. With gas consumption in the Asia-Pacific region increasing, Europe will “inevitably […]

2 major cities in China are ready to coexist with COVID-19 while millions of people in the country are infected in an uncontrolled outbreak of the virus, Reuters writes, After 3 years of ruthless restrictions in the fight against the coronavirus, Xi Jinping has finally abandoned COVID-19’s zero-tolerance policy of quarantine and testing in the […]

According to Jeff Bezos, founder of retail giant Amazon, business is slowing for many companies today, with layoffs occurring almost every day in all sectors of the economy, which means many investors will want to reduce risk, Yahoo writes. “If you’re considering buying a big-screen TV, you might want to wait, hold on to your […]

Immediately after the end of the European Central Bank’s last monetary policy meeting of the year, Isabel Schnabel, a member of the bank’s executive board, said that the interest rate will have to move into “restrictive territory” for inflation to return to the target level of 2%, Bloomberg writes. Speaking about the next 4 ECB […]

Hackers broke into BitKeep users’ crypto wallets and stole $8 million in assets, cybersecurity company PeckShield reported. Supposedly, the malware download allowed the attackers to withdraw about 4,300 BNB, 5.4 million USDT, 196,000 DAI and 1,200 Ethereum. BitKeep is a decentralized cryptocurrency wallet from Bitget that works with more than 70 different blockchains, including Polygon, […]

The Finance Ministry is not planning any changes in the fuel damper, Russian Finance Minister Anton Siluanov told reporters. “We have made adjustments to the damper, bearing in mind that it will be calculated not from the Brent price, but from the Urals price, such adjustments have been extended for the next three years. It […]

The Central Bank announced the closing of the sale of Otkritie Bank to VTB, and the European Commission banned lawyers from advising Russian companies on sanctions – these and other important news for Tuesday morning, December 27, in our daily review. The Central Bank announced the closing of the sale of Otkritie to VTB Bank. […]

The past year was a fateful one for the world of digital assets: concerns about stability outweighed risk appetite, BTC fell 64% as interest rate hikes made investors think twice about such risky assets, and the high-profile collapse of FTX, Celsius and Three Arrows Capital finally undermined confidence in cryptocurrencies, writes Business Insider. Let’s further […]

German carmaker Porsche AG has started producing electric fuel (e-fuel, a type of synthetic fuel) and announced plans to increase capacity to several million liters per year by the middle of this decade. So the company together with its Chilean partner Highly Innovative Fuels opened its first plant in Chile, Porsche said, reports interfax.ru In […]

Against the background of a new outbreak of COVID-19 in China, the local party and business elite are massively purchasing the well-known anti-covid drug Paxlovid from the American corporation Pfizer, the Financial Times reports. This drug is the only foreign anti-covid drug approved by the Chinese authorities for use in the country. At the same […]