Regional News

13.07.2020

Sing a song of sixpence: Russia continues stockpiling gold, adding $2.7 billion to forex reserves

Russian gold and foreign currency holdings hit almost $569 billion as of July 1, according to the latest data released by the country’s central bank.

The international funds increased by $2.7 billion, or around 0.5 percent, compared to the previous month. They rose by more than $50 billion since last July.

The...

Russian gold and foreign currency holdings hit almost $569 billion as of July 1, according to the latest data released by the country’s central bank.

The international funds increased by $2.7 billion, or around 0.5 percent, compared to the previous month. They rose by more than $50 billion since last July.

The...

13.07.2020

A pocket full of rye: Russia keeps global grain supplies high

Exports of Russian grain are expected to total 41.7 million tons in the current agricultural season, according to the Russian Federal State Statistics Service. Supplies of wheat to the global market may reach 33.2 million tons.

That’s in line with pre-pandemic projections from industry experts, who said in February deliveries could...

Exports of Russian grain are expected to total 41.7 million tons in the current agricultural season, according to the Russian Federal State Statistics Service. Supplies of wheat to the global market may reach 33.2 million tons.

That’s in line with pre-pandemic projections from industry experts, who said in February deliveries could...

13.07.2020

Russian stock, rouble retreat as bulls shun risk-being purchases

The Russian rouble weakened on Friday as fears of renewed lockdown measures over record-breaking rises in new coronavirus cases in the United States drove investors away from risk assets.

At 0722 GMT, the rouble was 0.5% weaker against the dollar at 71.26 and had lost 0.3% to trade at 80.27 versus...

The Russian rouble weakened on Friday as fears of renewed lockdown measures over record-breaking rises in new coronavirus cases in the United States drove investors away from risk assets.

At 0722 GMT, the rouble was 0.5% weaker against the dollar at 71.26 and had lost 0.3% to trade at 80.27 versus...

13.07.2020

China’s stock, currency markets post correction on earlier mini-bubble

Mainland China shares on Friday ended lower for the first time since June 29 after the country’s state funds announced stake cuts in companies, a move that comes following a torrid bull run in the stock market, and on signs of renewed Sino-U.S. tensions.

The bull run, encouraged by state media,...

Mainland China shares on Friday ended lower for the first time since June 29 after the country’s state funds announced stake cuts in companies, a move that comes following a torrid bull run in the stock market, and on signs of renewed Sino-U.S. tensions.

The bull run, encouraged by state media,...

13.07.2020

China leads global efforts to spur trade

China is working with a number of countries to spur pragmatic economic, trade cooperation, boost goods trade volume and stabilize industrial chains to facilitate regional and global economic recovery, the Ministry of Commerce said on Thursday.

The joint ministerial statement issued by China's Ministry of Commerce, the Ministry of Trade and...

China is working with a number of countries to spur pragmatic economic, trade cooperation, boost goods trade volume and stabilize industrial chains to facilitate regional and global economic recovery, the Ministry of Commerce said on Thursday.

The joint ministerial statement issued by China's Ministry of Commerce, the Ministry of Trade and...


News 1 - 5 of 5076
First | Prev. | 1 2 3 4 5 | Next | Last