As Wall Street begins to calculate the first damage done to the global market by sanctions against Russia following the start of its special operation in Ukraine, a large U.S.-based bond fund managed by Franklin Resources Inc. was among the early losers, Bloomberg writes. The Western Asset Core Plus Bond Fund, which has $37 billion […]

Finance Minister Anton Siluanov has said that Russia is interested in foreign companies continuing to work in the country. He said this in an interview with the Rossiya 24 TV channel. “Of course, the departure of these companies from our market is mutually disadvantageous to no one, and hits foreign companies, and, of course, affects […]

Moscow Mayor Sergei Sobyanin has announced that he is canceling the mask regime in the city. According to the mayor, such a decision was made due to the “stable improvement of the epidemiological situation”. Also in Moscow, mandatory anti-vaccine measures at enterprises and organizations, such as regular measurement of workers’ body temperature, installation of dividing […]

Oil prices have fallen to their lowest since late February amid Russia’s negotiations with Ukraine and concerns about demand from China, Forbes writes. The dollar and euro rates at the opening of trading are down by more than 1%: to 112.5 rubles and 118.61 rubles, respectively. In the morning of March 15, May futures for […]

Stock markets in the Asia-Pacific region (APR) are mostly declining during trading on Tuesday, with the exception of Japan. Market participants continue to follow the developments around the armed conflict in Ukraine. The situation has already led to disruptions in supplies and air traffic between the continents. In addition, the conflict has also spurred a […]

China has ordered a full quarantine in Shenzhen, a city of 17.5 million people, as it tries to contain the worst COVID-19 outbreak in several provinces in the country, with the number of cases doubling to 3,400 over the past weekend. Businesses in this financial and technological center of China, which borders Hong Kong, are […]

Production of trucks at PJSC KAMAZ facilities in February increased in annual terms by 12.4% to 4.052 thousand units, the company reported. In January-February, the company produced 7.375 thousand vehicles (+35%). The assembly line of the engine plant and the joint Russian-American Cummins Kama joint venture, which is part of KAMAZ’s technological cycle, manufactured and […]

China is ramping up efforts to introduce its central bank’s national digital currency and has now left its global competitors far behind, CNBC writes. China’s digital yuan may well challenge the dollar’s dominance as the preferred currency in international trade settlements in five to 10 years, as predicted by former banker, author and financial technology […]

The European Union has imposed new sanctions on Russia, which include a ban on new investments in the energy sector, according to the European Commission’s website. Exceptions are made for peaceful atom and energy transportation. A ban is also imposed on the supply of a number of goods. In particular, these are steel products, luxury […]

The Financial Conduct Authority (FCA) of the UK has declared all cryptocurrency ATMs in the country illegal and ordered their closure, BBC reports. According to the FCA statement, no company in the UK has received a license to install cryptocurrency ATMs. The operation of all such devices should be stopped immediately, the regulator said, warning […]

ECB demanded from European banks to strengthen control over transactions of clients from Russia and Belarus, VK intends to resurrect ICQ messenger – these and other important news for Thursday morning, March 10, in our daily review. European regulators demanded from banks to strengthen control over transactions of all Russian and Belarusian clients, including EU […]

The volume of Russia’s investments in U.S. government securities in January 2022 increased compared to the previous month and amounted to $4.503 billion, TASS reported with reference to the documents of the U.S. Ministry of Finance. At the same time, investments in long-term bonds sharply decreased – to $2 million compared to $102 million a […]

Tesla CEO Ilon Musk warned of inflationary pressures on production, as a result of which his company was forced to raise prices on its electric cars in the U.S. and China, as the key component of batteries for electric vehicles – nickel – has risen sharply in price, writes CNBC. The company raised prices on […]

US pharmaceutical company Eli Lilly has decided to suspend investments and new clinical trials in Russia, as well as the export of a number of drugs to the country. The corresponding decision follows from a statement published on the company’s website. “We have suspended all investments, promotional activities and new clinical trials in Russia, as […]

Managers of the world’s largest investment funds have recently started to show signs of panic and left the market, Yahoo writes. Their abandonment of positions could be a strong argument in favor of buying stocks. According to Bank of America’s latest monthly survey of global fund managers, a group of large investors exited the market […]

Russians’ demand for gold has increased tenfold, and the U.S. Ministry of Finance has postponed default: payments in dollars on Russia’s debt are possible until May 24 – these and other important news for Thursday morning, March 17. in our daily review. U.S. restrictions on transactions with the Russian Central Bank and other banks allow […]

The US dollar and euro are getting cheaper on the Moscow Exchange on Thursday morning, while the ruble is strengthening against the bi-currency basket due to market participants’ hopes for progress in the Russian-Ukrainian negotiations. At the end of the first minute of trading, the dollar rate amounted to 105.01 rubles (-2.99 rubles to the […]

The payment order for coupon payments on two issues of Eurobonds in the amount of $117.2m has been executed. This is stated in the message of the Ministry of Finance. Russia on March 16 was to pay coupons on two issues of its sovereign Eurobonds in the amount of $117.2 million. “The Ministry of Finance […]