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European stocks pick up, dollar slips, investors focus on Russia-Ukraine | Hellenic Shipping News Worldwide

European stocks opened slightly higher on Tuesday, the dollar eased and gold was just below an 8-month high as investors remained focused on the risk of Russia invading Ukraine. The United States said on Sunday that Russia could invade Ukraine any time, a prospect that has prompted investors to sell riskier assets so far this ...
United States United Kingdom William Maclean Elizabeth Howcroft Vladimir Putin Olaf Scholz

China rate cut expected before July: analysts

Chinaโ€™s central bank could further ease monetary policy in the first half of this year to stave off headwinds and ensure economic stability, a Bloomberg survey of economists showed. The Peopleโ€™s Bank of China (PBOC) is expected to lower the amount of money banks must keep in reserve in the first quarter of this year, bringing down the ratio for major banks to 11 percent. Major policy interest rates โ€” the one-year medium-term lending facility rate, one-year loan prime rate and seven-day re...
People Bank Bank Hong Kong After China Hong Kong Iris Pang The Taipei Times

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