Page 100 - Bon News Today

(Bloomberg) -- BlackRock Inc., Vanguard Group and Van Eck Associates are among large asset managers facing a ticking clock if they want to unload stakes in financial firms sanctioned for Russia’s invasion of Ukraine. The U.S. Treasury Department gave fund managers until May 25 to find non-U.S.

(Bloomberg) -- The U.S. is weighing sanctions on Russia’s central bank, according to people familiar with the matter, a move that would target much of the $643 billion reserves that President Russian Vladimir Putin had amassed ahead of a planned invasion of Ukraine.

(Bloomberg) -- Both Russia and Ukraine had their sovereign credit ratings placed on review for downgrade by Moody’s Investors Service amid the escalating conflict between the two nations.

(Bloomberg) -- Uruguay’s central bank lifted its benchmark interest rate for a fifth consecutive meeting amid surging consumer prices and above-target inflation expectations. Policy makers boosted the key rate to 7.25% from 6.5% on Wednesday, their second consecutive increase of 75 basis points.

(Bloomberg) -- Investors are flocking to Malaysian bonds as higher oil prices and demand from domestic pension funds turn the nation’s debt into a Southeast Asian haven. Overseas investors bought $1.

(Bloomberg) -- Companies that have borrowings loaned to them by Russian banks may need to find new financiers following recent sanctions imposed by the U.S., U.K. and European Union.

(Bloomberg Opinion) -- The West is serious about Russian sanctions and is cutting off the country’s biggest banks from large parts of global finance.

(Bloomberg) -- Both Russia and Ukraine had their sovereign credit ratings placed on review for downgrade by Moody’s Investors Service amid the escalating conflict between the two nations.

(Bloomberg) -- Pakistan’s NayaPay Pvt. has raised $13 million in early stage funding as it seeks to capture millions of users in one of the world’s largest under banked nations.

(Bloomberg) -- U.S. officials spent hundreds of hours over five months debating, crafting and then touting a punishing array of economic sanctions to try to scare Russian President Vladimir Putin off invading Ukraine, but almost from the beginning, many shared the same view: This strategy probably won’t work.