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How Raiffeisen's bet on Russia took it to the brink
Reuters via Yahoo Singapore Finance· 17 hours agoFor more than four months, U.S. envoys delivered increasingly shrill warnings to Austria's Raiffeisen Bank International to scrap a deal they said had...
Russian central bank's daily yuan swap volume hits record high
Reuters via Yahoo Singapore Finance· 1 day agoThe yuan was already the most-traded foreign currency in Moscow as Russia moves away from what it...
Factbox-UniCredit's bank in Russia and the ECB's demands
Reuters via Yahoo Singapore Finance· 2 days agoUniCredit said on Monday the bank is asking the court to confirm that obligations set by the ECB are...
Russian regulator encourages use of crypto to counter sanctions
Reuters via Yahoo Singapore Finance· 1 day agoRussia's central bank told businesses they should use "multiple choice solutions" including...
Russia seen hiking rates by 200 bps to 18% in July as inflation quickens
Reuters via Yahoo Singapore Finance· 2 days agoThe Russian central bank will hike rates by 200 basis points to 18% later this month as it tries to...
How long will central bank buying of gold last?
Investing.com via Yahoo Singapore Finance· 6 days agoCentral banks have been actively and massively buying gold over the last few years. In its report published this week, UBS highlighted the sustained interest in gold by central banks, underscoring ...
UniCredit contests ECB demands to cut Russia risks in EU court
Reuters via Yahoo Singapore Finance· 3 days agoMILAN (Reuters) -UniCredit said on Monday it was challenging the terms set by the ECB for the...
5 S&P 500 Banks That Outperformed the Index in the First Half
Zacks via Yahoo Singapore Finance· 2 days agoInvestors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations,...
Xi Jinping and Putin Strengthen Eurasian Influence at SCO Summit
Oilprice.com via Yahoo Singapore Finance· 1 day 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 ...
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· 3 days agoInflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level...
