Finance

Russia to Pay Bonds in Rubles, Which May Cause Default Russia says it made a debt payment in rubles this week, a move that may not be accepted by Russia’s foreign debtholders and could put the country on a path to an historic default.

Russia says it made a debt payment in rubles this week, a move that may not be accepted by Russia’s foreign debtholders and could put the country on a path to an historic default.

Russia to Pay Bonds in Rubles, Which May Cause Default

Karen April 7, 2022

Russia said Wednesday that it made an obligation installment in rubles this week, a move that may...

Power companies’ shares attract investors on firm demand outlook Shares of power distribution companies are in demand amid reports of rising electricity consumption in the country

Shares of power distribution companies are in demand amid reports of rising electricity consumption in the country

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Power companies’ shares attract investors on firm demand outlook

Karen April 7, 2022

Portions of force dissemination organizations are popular in the midst of reports of rising power utilization in...

China Tries to Limit Economic Blow of Shanghai Shutdown China's leaders are trying to fine-tune their “zero tolerance” COVID-19 strategy to rein in job losses and other costs to the world’s second-largest economy.

China's leaders are trying to fine-tune their “zero tolerance” COVID-19 strategy to rein in job losses and other costs to the world’s second-largest economy.

China Tries to Limit Economic Blow of Shanghai Shutdown

Karen April 4, 2022

As a huge number of individuals in Shanghai line up for Covid tests, specialists are promising duty...

House prices growing at fastest rate since 2004 House prices in the UK are growing at their fastest rate since 2004, posting their eight consecutive monthly increase.

House prices in the UK are growing at their fastest rate since 2004, posting their eight consecutive monthly increase.

House prices growing at fastest rate since 2004

Karen April 1, 2022

Last month, yearly house cost development expanded to 14.3%, from 12.6% in February, as indicated by Nationwide....

Here’s why crypto market is ignoring latest $600 million heist The crypto market is holding this week's impressive gains despite the news of $600 million getting stolen in one of the major crypto heists to date.

The crypto market is holding this week's impressive gains despite the news of $600 million getting stolen in one of the major crypto heists to date.

Here’s why crypto market is ignoring latest $600 million heist

Karen March 31, 2022

Investigators highlight whale action in the crypto space as the explanation for the move higher. Crypto whales...

Russia launches Eurobond rouble buyback offer on looming $2 bln bond payment Russia has already demanded gas payments in roubles

Russia launches Eurobond rouble buyback offer on looming $2 bln bond payment

Karen March 30, 2022

Russia has proposed to repurchase dollar bonds developing one week from now in roubles in a move...

Asian Shares Rise, Eyeing Ukraine, Inflation, Energy Costs Asian shares are mostly higher as investors eye the war in Ukraine, inflationary risks and surging energy prices.

Asian shares are mostly higher as investors eye the war in Ukraine, inflationary risks and surging energy prices.

Asian Shares Rise, Eyeing Ukraine, Inflation, Energy Costs

Karen March 24, 2022

Asian offers were for the most part higher Tuesday as financial backers looked at the conflict in...

China State Banks Restrict Financing for Russian Commodities At least two of China’s largest state-owned banks are restricting financing for purchases of Russian commodities

At least two of China’s largest state-owned banks are restricting financing for purchases of Russian commodities

China State Banks Restrict Financing for Russian Commodities

Karen March 21, 2022

Something like two of China’s biggest state-possessed banks are confining financing for acquisition of Russian items, highlighting...

Sri Lanka cancels school exams over paper shortage as financial crisis bites Colombo unable to fund import of printing paper, leaving millions of students unable to take part in term assessments