Russian central bank jacks up rates to 12% to support battered rouble
Russian central bank hikes rates by 350 bp to 12%Bank holds extraordinary meeting after Kremlin rebukeRouble had plunged past 100...
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Tumbling rouble claws back ground as central bank to meet
Central bank to meet on rates on TuesdayRouble recovers past 98 per dollarEarlier slid past 101 to weakest in 17...
Finns Party mastermind defends long-term goal to exit EU
The speaker of Finland's Parliament Jussi Halla-aho stands outside the Finnish Parliament Annex, in Helsinki, Finland, August 9, 2023. REUTERS/Anne...
ECB to pause in September, say slim majority of economists: Reuters poll
A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko BeckerBENGALURU, Aug 11 (Reuters)...
Asian stocks draw foreign money on hopes of US rate hikes nearing end
A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June...
EU warns that Russia aims to create new dependencies with cheap grain
Turkish-flagged bulker TQ Samsun, carrying grain under UN's Black Sea Grain Initiative, is pictured in the Black Sea, north of...
Ukraine completes nationalisation of Sense bank
KYIV, July 24 (Reuters) - The Ukrainian government has completed the takeover of Sense Bank, the country's top commercial lender,...
EU launches talks on 20 billion euro Ukraine military fund
BRUSSELS, July 20 (Reuters) - The European Union's foreign policy chief on Thursday proposed a 20 billion euro ($22.4 billion) fund to pay for weapons, ammunition and military aid for Ukraine over four years, but the plan will need more scrutiny from EU governments before any decision is made.High Representative Josep Borrell presented the proposal to EU foreign ministers meeting in Brussels as part of an effort to put European support for Kyiv on a longer-term footing after more than a year of scrambling to respond to Russia's invasion.The proposal...
EU proposal on using frozen Russian funds delayed to September
BRUSSELS, July 20 (Reuters) - A European Commission proposal to use frozen public Russian assets to help finance Ukraine will...
Column: Saudi output cut entices funds back into oil market
LONDON, July 17 (Reuters) - Portfolio investors surged back into petroleum as Saudi Arabia’s unilateral production cut removed much of the previous downside risk to oil prices from slowing economies in China and Europe.Hedge funds and other money managers purchased the equivalent of 115 million barrels in the six most important petroleum futures and options contracts over the seven days ending on July 11.The increase was among the largest recorded over the last ten years (the 14th largest out of 539 weeks since 2013) and points to a significant adjustment...