Stock indices of the largest countries in the Asia-Pacific region show weak and multidirectional changes during trading on Friday. Trading participants continue to assess the latest remarks by Federal Reserve officials, which point to the likelihood of a faster and stronger tightening of monetary policy in the U.S. amid the fastest pace of consumer price […]

The U.S. has removed equipment and technologies related to Internet communication from sanctions, and the EU has agreed on a fifth package of sanctions against Russia – these and other important news for Friday morning, April 8, in our daily review. The United States has authorized the supply and sale in Russia of software, equipment […]

A sharp rise in the incidence of coronavirus in China and strict measures announced by the government to contain the pandemic are leading to a significant reduction in fuel demand from the world’s largest oil importer, Bloomberg writes. Lockdowns in Shanghai and nearby cities, as well as other restrictions on travel within the country, have […]

Beyond Meat Inc. (NASDAQ: BYND) announced April 7 that its products, including Beyond Meatballs meatballs and the Beyond Burger will be available at approximately 2,000 Rite Aid Corp. (RAD) locations nationwide. The pharmacy chain is the latest addition to a long list of restaurant chains and retail stores that carry the plant-based meat company’s products. […]

The Russian stock market started today’s trading with a 0.7-1.1% increase in the Moscow Exchange and RTS indices. External stock markets are giving multidirectional signals. The MosBirch index rose by 0.7% to 2653.84 points during a minute of trading. The RTS index rose by 1.04% to 1103.73 points by 10:01 Moscow time. Oil prices are […]

H.B. Fuller Co. (FUL) said April 7 it will raise its quarterly dividend by 13% and establish a $300 million share repurchase program. The company said the new dividend of 19 cents per share, up from 16.75 cents, will be paid on May 5 to shareholders of record as of April 21. Based on current […]

On Thursday, stock indices in the US ended trading on a positive note after investors “digested” signals from the Federal Reserve that it plans to tighten monetary policy. But now the market is in a rather quiet period as spring break begins and earnings reports from major companies are expected at the end of the […]

Japan is considering measures to limit imports of Russian coal, signaling a possible policy shift by one of the world’s largest energy importers, Bloomberg reported. Japan “will seek to end coal imports from Russia” as part of a long-term goal and over time will use energy conservation, other forms of generation and supplies from alternative […]

Due to anti-Russian sanctions, Sibur and its Chinese partner Sinopec will reconsider the strategy of realization of the megaproject of construction of the Amur gas chemical complex, which they were going to complete by the middle of 2024. This is reported by RBC. “Sibur and Sinopec see the need to revise the strategy of realization […]

The monetary base in narrow definition in Russia amounted to Br14 trillion 892.4 billion on April 1, reported the press service of the Bank of Russia. March 25, the monetary base in Russia amounted to Br15 trillion Br344.9 billion. Thus, it has decreased by 2.95%, or Br452.5 billion over the period. The monetary base in […]

The Central Bank has reduced the key rate to 17% per annum, the regulator said. The Bank of Russia admits the possibility of continuing to reduce the key rate at the next meetings. Also, the Central Bank said. that external conditions for the Russian economy remain difficult and significantly limit economic activity. The regulator also […]

Natural gas futures prices declined during the European session on Friday. At the New York Mercantile Exchange, natural gas futures for delivery in May are trading at $6.36 per million Btu, down 0.05% at the time of writing this commentary. The session low was $/mmBtu. At the time of writing, natural gas found support at […]

The European stock market traded higher on Friday, ending a volatile week on a positive note as investors continue to digest the prospect of tighter monetary policy, new sanctions on Russia and potential political turmoil in France. By 03:50am ET (07:50 GMT), Germany’s DAX index was trading 1.4% higher, France’s CAC 40 was up 1.5% […]

Japan, following the European Union, is introducing another package of sanctions against Russia in response to the special operation in Ukraine, Lenta.ru reported. Tokyo imposes additional restrictions on about 400 Russians, including MPs, and 20 organizations from Russia, including Sberbank and Alfa Bank. As part of the new sanctions, Japan intends to freeze the assets […]

Consumer prices in Greece jumped 8.9% year-on-year in March, at a record pace since June 1995, data released by the Hellenic Statistical Authority (ELSTAT) showed on Friday. Inflation stood at 7.2 percent in February. On a month-on-month basis, consumer prices rose 2.7% after a 1.1% increase a month earlier. Prices for housing and utilities in […]

After Ilon Musk acquired a 9.2% stake in social network Twitter (NYSE:TWTR), it made him the largest shareholder in the social media platform. But in light of employee concerns about Musk’s appointment to the company’s board of directors, Twitter decided to hold a Q&A session with Musk, Business Insider writes. Many Twitter employees expressed disappointment […]

American market researcher Jim Bianco has warned that the Federal Reserve’s tough policy to curb “wild inflation” will cause Wall Street big losses. In his opinion, all financial assets may suffer, writes CNBC. Bianco was bearish on the stock market at the end of 2021, mainly because of inflation risks. The Fed’s fault, he believes, […]

The Russian Ministry of Finance has finalized the draft law on regulation of the crypto market and sent it to the government for consideration. This is stated in a statement by the ministry. The document clarifies and specifies certain provisions, including those related to digital mining activities. “The bill provides for the creation of a […]