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March 18, 2022
(Bloomberg) -- Stocks in Asia are set for a cautious start Friday after a furious rally in U.S.-listed Chinese shares fizzled and oil vaulted back above $100 a barrel on mixed signals from peace talks between Russia and Ukraine.
March 18, 2022
(Bloomberg) -- The bonds of Carlsberg Breweries A/S have now become so cheap they are worth buying again despite a deepening risk the Russian business may be lost, according to analysts at Denmark’s biggest bank.
March 18, 2022
(Bloomberg) -- Central banks in five African nations will likely raise interest rates in the coming weeks to tame inflation pressures that threaten to become entrenched.
March 18, 2022
(Bloomberg) -- New Zealand Prime Minister Jacinda Ardern is making a play for Australian tourists as she prepares to open the border to foreigners for the first time in more than two years.
March 18, 2022
(Bloomberg) -- Russian missiles again hit areas in the far west of Ukraine, including near the airport at Lviv, the mayor said. It was the first reported strike in some days in regions close to the Polish border that are a key corridor for Ukrainians attempting to flee to Poland.
March 18, 2022
(Bloomberg) -- Companies profiting from a historic commodity market boom are faced with a dilemma: a lot of the resources they’ve invested in are locked up in sanction-targeted Russia. That’s the case with Japan’s major trading houses including Mitsui & Co., Mitsubishi Corp.
March 18, 2022
(Bloomberg) -- Bondholders of Russian steel and mining company Severstal PJSC are still awaiting overdue coupon payments on its dollar bond, raising the possibility of default as the firm’s grace period expires Monday.
March 18, 2022
(Bloomberg) -- Investors bold enough to bet on a peace deal in Ukraine are already venturing selectively into one of the worst-performing corners of developing markets.
March 17, 2022
(Bloomberg) -- President Joe Biden offered $800 million-worth of new weaponry. He also called Russian President Vladimir Putin a “war criminal.” Hours earlier, Ukrainian President Volodymyr Zelenskiy urged the U.S. Congress for more help to fend off the Russian invasion.
March 17, 2022
(Bloomberg) -- Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean.