28.09.2020

Commodities

Date: September 28, 2020; Source: Bloomberg.com

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28.09.2020

Russia’s biggest lender Sberbank wants to transform into Big Tech company

In a major strategy shift, Sberbank, the most popular Russian lender, wants to build its own ecosystem going far beyond the world of finance and to be known not just as a bank, but also as a tech company.

During its first major online event, which was held on Thursday, Sberbank...

In a major strategy shift, Sberbank, the most popular Russian lender, wants to build its own ecosystem going far beyond the world of finance and to be known not just as a bank, but also as a tech company.

During its first major online event, which was held on Thursday, Sberbank...

28.09.2020

Rouble, Russian equity struggle to keep values up

The Russian rouble firmed on Friday, pulling away from a more than five-month low against the US dollar hit in the previous session, as policy support hopes eased risk aversion, while steadying oil prices and month-end tax period also lent support.

At 0755 GMT, the rouble was 0.3pc stronger against the...

The Russian rouble firmed on Friday, pulling away from a more than five-month low against the US dollar hit in the previous session, as policy support hopes eased risk aversion, while steadying oil prices and month-end tax period also lent support.

At 0755 GMT, the rouble was 0.3pc stronger against the...

28.09.2020

China to join construction of Moscow-Kazan highway

CRCCI, a Chinese corporation, signed a contract for the construction of a key Russian national highway connecting Moscow and Kazan, the Chinese press reported. Earlier, Beijing planned to construct a high-speed railway line to Europe through Russia, however, this project remains on paper so far, Nezavisimaya Gazeta reports.

China Railway Construction...

CRCCI, a Chinese corporation, signed a contract for the construction of a key Russian national highway connecting Moscow and Kazan, the Chinese press reported. Earlier, Beijing planned to construct a high-speed railway line to Europe through Russia, however, this project remains on paper so far, Nezavisimaya Gazeta reports.

China Railway Construction...

28.09.2020

China equity markets suffer setback as investiors wait hard results of state support

China's major indices flitted in choppy trade on Friday, but are on track for their worst weekly decline since mid-July as the resurgence in COVID-19 cases globally raised concerns about the pace of the global economic recovery.

The CSI300 index edged up 0.1% to 4,565.50 points at the end of the...

China's major indices flitted in choppy trade on Friday, but are on track for their worst weekly decline since mid-July as the resurgence in COVID-19 cases globally raised concerns about the pace of the global economic recovery.

The CSI300 index edged up 0.1% to 4,565.50 points at the end of the...


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