Four-fifths of EM funds still trapped in Russian stocks - research

Fewer than a fifth of actively managed emerging market equity funds have cut their exposure to Russian stocks to zero, data from Copley Fund Research shows, with a number of funds unable to sell out.

newspaper

09-05-2022

Bitcoin falls to lowest since January, in line with tumbling stock markets

Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks.

newspaper

09-05-2022

Asian stocks retreat as China's lockdowns stir recession worries

Asian markets were in retreat on Monday as U.S. stock futures slid on rate worries, and a tightening lockdown in Shanghai stoked concerns about global economic growth and possible recession.

newspaper

09-05-2022

BOJ policymakers unwavering on easy policy stance - March meeting minutes

Bank of Japan (BOJ) policymakers remained unwavering in their resolve to keep massive monetary stimulus, even as some saw signs of change in the country's low-inflation environment, minutes of their March policy meeting showed on Monday.

newspaper

09-05-2022

Asian stocks follow Wall St futures lower

Asian markets got off to a shaky start on Monday as U.S. stock futures took an early skid on rate worries, while a tightening lockdown in Shanghai stoked concerns about global economic growth and possible recession.

newspaper

09-05-2022

Asia stocks in gloomy mood as Wall St futures slip

Asian markets got off to a shaky start on Monday as U.S. stock futures took an early skid on rate worries, while a tightening lockdown in Shanghai stoked concerns about global economic growth and possible recession.

newspaper

08-05-2022

Algeria authorises purchase of 15 new aircraft for Air Algerie- statement

The Algerian cabinet has authorised the national airline, Air Algerie, to purchase 15 new aircraft to open new routes to African and Asian destinations, Algerian State TV said on Sunday citing a cabinet statement.

newspaper

08-05-2022

IKEA stores owner Ingka to pay Russia staff through August

IKEA stores owner Ingka Group has extended the period it will pay around 12,000 staff in Russia by three months, through August, and may continue to pay workers beyond that, its retail manager said in an interview.

newspaper

08-05-2022

Global scramble for metals thrusts Africa into mining spotlight

The need to secure new sources of metals for the energy transition amid sanctions on top producer Russia has increased the Africa risk appetite for major miners, who have few alternatives to the resource-rich continent.

newspaper

08-05-2022