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Russian regulator encourages use of crypto to counter sanctions
Reuters via Yahoo Singapore Finance· 5 days agoRussia's central bank told businesses they should use "multiple choice solutions" including...
How Raiffeisen's bet on Russia took it to the brink
Reuters via Yahoo Singapore Finance· 4 days agoVIENNA (Reuters) -For more than four months, U.S. envoys delivered increasingly shrill warnings to Austria's Raiffeisen Bank International to scrap a...
Factbox-UniCredit's bank in Russia and the ECB's demands
Reuters via Yahoo Singapore Finance· 6 days agoUniCredit said on Monday the bank is asking the court to confirm that obligations set by the ECB are...
Russia seen hiking rates by 200 bps to 18% in July as inflation quickens
Reuters via Yahoo Singapore Finance· 6 days agoThe Russian central bank will hike rates by 200 basis points to 18% later this month as it tries to...
Russian central bank's daily yuan swap volume hits record high
Reuters via Yahoo Singapore Finance· 5 days agoThe yuan was already the most-traded foreign currency in Moscow as Russia moves away from what it...
A top Russian banker says Russia's payment methods should be a 'state secret' because the West keeps...
INSIDER via Yahoo News Singapore· 3 days agoMaybe he is even sitting here," said Andrei Kostin, the CEO of VTB Bank, Russia's second-largest...
WTO chief warns against global trade breakdown
BBC via Yahoo News Singapore· 9 hours ago“The last few years, you've had numerous shocks, including the pandemic. We had Russia's invasion of Ukraine, and following these events, increasingly,...
5 S&P 500 Banks That Outperformed the Index in the First Half
Zacks via Yahoo Singapore Finance· 6 days agoInvestors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations,...
Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts
Associated Press Finance via Yahoo Singapore Finance· 6 days agoInflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level...
Xi Jinping and Putin Strengthen Eurasian Influence at SCO Summit
Oilprice.com via Yahoo Singapore Finance· 5 days agoBeijing And Moscow: China and Russia’s shifting dynamic has been a boost for the SCO. After years of Russia using the bloc to water down ...