Since the conflict between Russia and Ukraine began on February 24, Mongolian commercial banks have begun imposing unexpected limits on daily US...
Business and Finance
Severstal has taken the first step towards delisting on Western exchanges
Alexey Mordashov's Metallurgical Company requested data from the depository of the DR program on the necessary actions on its part for delisting....
China approves futures and derivatives law
A special law is needed to tighten control over the Chinese derivatives market, which is the largest in the world in terms of scale....
Tesla posts record first-quarter revenue
The American automaker's quarterly revenue rose 81% to a record $18.8 billion....
NLMK plans to continue trading depositary receipts on the London Stock Exchange
Federal Law No. 114-FZ, published on April 16, obliges Russian issuers whose shares are traded in the form of depositary receipts on foreign...
The World Bank lowered its forecast for global GDP growth by a percentage point due to the war in Ukraine
The biggest component of the decline in the growth forecast was a 4.1% decline in the Europe and Central Asia region, including Ukraine, Russia and...
Oil prices rise as speculators weigh the prospect of an EU ban on Russian oil
The EU has imposed several rounds of sanctions on Russia, but has so far excluded Russian oil from the sanctions list, given the high level of...
Moody's believes that Russia may be in a state of default as early as May 4
Russia may default after trying to service its dollar bonds in rubles due to Western sanctions over the war in Ukraine, Moody's reported....
Nordgold fails to pay coupon on USD Eurobonds
The Company emphasizes that it has all the necessary financial resources to make payments on Eurobonds and will continue to interact with the trustee...
Quotes of scrap and rebar on the London Metal Exchange fell sharply
Scrap prices are falling amid a decrease in buyer activity in non-European markets....
World food prices soar to record high amid Russian-Ukrainian conflict
Global food prices rebounded significantly in March to their highest levels as the Russia-Ukraine conflict continues to push up energy prices and...
Samsung Electronics' first-quarter earnings beat market expectations on strong chip demand
Stable demand for servers, an urgent order for memory chips increased the profits of the corporation. A failure at Kioxia's factory in early February...
Severstal has lost a third of its sales and is forced to look for new customers - WSJ
The EU's action against Severstal owner Alexei Mordashov has left its steel stuck in warehouses across Europe, with sales staff scrambling to find...
Financial manager - a new demanded specialty
A well-designed course will make it easy to memorize, and most importantly, understand the material received....
Russian invasion of Ukraine could cut global economic growth by 1 percent
Import-dependent countries will suffer much more as a result of the global economic downturn....
Gold price recovers amid risks of global inflation
Gold bounces back after its biggest weekly drop since June...
Turkish steel exporters to earn extra billion dollars from war in Ukraine
The European Union canceled quotas for the supply of steel from Russia and Belarus after the invasion of Ukraine. Turkish producers believe that they...
UK introduces 35% duties on imports of Russian metals
The new measure is announced as a blow to the Russian economy, but according to Platts analysts, it will have almost no effect on Russian export...
Statistics Norway predicts the end of the war in Ukraine in 2 months
If Russia's invasion of Ukraine continues for a longer period, the Norwegian economy will face significant problems, according to the SSB review...
Oil prices top $100 a barrel for the first time since 2014
The quotes are growing amid news that Russian President Vladimir Putin announced a special military operation in the Donbass on the morning of...
Ukraine increased foreign exchange earnings from the export of ferrous metals by 81.4%
Ferrous metals accounted for 20.5% of all Ukrainian export earnings in 2021...
Gold rises in price in response to rising geopolitical tensions
British Government Health Minister Sajid Javid said that Russia's invasion of Ukraine has already begun, so the UK will impose sanctions against...
Panic on the securities market in Russia: quotes collapsed to 13-year lows
The total losses of the Russian stock market during trading on February 21 amounted to about 4 trillion rubles (50 billion US dollars)....
Metinvest's European enterprises have been certified in credit management
Certification in 2021 was carried out by an independent audit company TUV Rheinland, whose certificates are recognized all over the world....
Geopolitical Tensions Push Gold Prices Up
The gold market usually loses interest in such geopolitical tensions quite quickly, provided there is no sustained negative impact on other markets...
The price of gold reached its highest since June last year
Gold prices rose as markets looked forward to the Federal Reserve meeting and the unfolding of geopolitical events...
Venezuelan gold reserves fall to new 50-year low
The Central Bank of Venezuela previously held over 300 tons of gold bars...
Elon Musk donates over $5.7 billion worth of Tesla stock to charity
Musk's public philanthropy has so far lagged behind other billionaires...
Oil prices froze in anticipation of a new jump near $100 per barrel
Oil is not the only commodity that could rise in price as a result of the Russian invasion of Ukraine. &P Global Platts analysts also point to...
US and Japan agree on tariffs on steel
In exchange for the abolition of tariffs on steel invented by Donald Trump, Japan promised to increase taxes on the export of steel products and...