Regional News

20.01.2021

Commissions of Russian investment banks in 2020 increases by 3%

At the end of 2020, investment bank commissions in Russia reached $416.7 million, which is 3% higher than in 2019. The indicator increased amid growing equity and debt capital markets, according to a study by Refinitiv.

Commissions of investment banks from the equity capital market showed an increase of 77% and...

At the end of 2020, investment bank commissions in Russia reached $416.7 million, which is 3% higher than in 2019. The indicator increased amid growing equity and debt capital markets, according to a study by Refinitiv.

Commissions of investment banks from the equity capital market showed an increase of 77% and...

20.01.2021

Russians meet the crisis in rags: Clothing sales fall by 25%

The coronavirus crisis has brought down sales of clothing and footwear in Russia.

Amid falling incomes of the population to a minimum in almost 10 years, the fashion retail market shrank by 25% in 2020, Kommersant reports, citing Fashion Consulting Group, FCG, statistics.

In monetary terms, clothing retailers lost about half a...

The coronavirus crisis has brought down sales of clothing and footwear in Russia.

Amid falling incomes of the population to a minimum in almost 10 years, the fashion retail market shrank by 25% in 2020, Kommersant reports, citing Fashion Consulting Group, FCG, statistics.

In monetary terms, clothing retailers lost about half a...

20.01.2021

Russian rouble gains, equity mixed

The Russian rouble gained on Tuesday, pulling away from the 74 mark to the U.S. dollar, as oil prices climbed and emerging market currencies regained ground while the dollar retreated from a near one-month high.

Risk of sanctions linked to the arrest of Kremlin critic Alexei Navalny upon his return to Russia for the first time since...

The Russian rouble gained on Tuesday, pulling away from the 74 mark to the U.S. dollar, as oil prices climbed and emerging market currencies regained ground while the dollar retreated from a near one-month high.

Risk of sanctions linked to the arrest of Kremlin critic Alexei Navalny upon his return to Russia for the first time since...

20.01.2021

China stocks retreat as yuan advances

China shares fell on Tuesday as a resurgence of COVID-19 cases hit market sentiment, with consumer discretionary and materials stocks leading the retreat.

The blue-chip CSI300 index fell 1.5% to 5,437.52, while the Shanghai Composite Index slipped 0.8% to 3,566.38.

The tech-heavy start-up board ChiNext sank 2.1%, while the STAR50 index shed...

China shares fell on Tuesday as a resurgence of COVID-19 cases hit market sentiment, with consumer discretionary and materials stocks leading the retreat.

The blue-chip CSI300 index fell 1.5% to 5,437.52, while the Shanghai Composite Index slipped 0.8% to 3,566.38.

The tech-heavy start-up board ChiNext sank 2.1%, while the STAR50 index shed...

20.01.2021

China’s GDP tops 100 trillion yuan for first time

China's stronger-than-expected economic rebound and continuous structural improvements last year have signaled that the country's pursuit of high-quality growth is set to gain more momentum in 2021, officials and experts said on Monday.

The world's second-largest economy grew by 2.3 percent in 2020, and it should be the only major economy...

China's stronger-than-expected economic rebound and continuous structural improvements last year have signaled that the country's pursuit of high-quality growth is set to gain more momentum in 2021, officials and experts said on Monday.

The world's second-largest economy grew by 2.3 percent in 2020, and it should be the only major economy...


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