Russia slips into default zone as payment deadline expires

The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow ?s Kremlin, and St. Basil? S Cathedral, March 31, 2020. REUTERS / Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Grace period runs out on $ 100 mln interest payment due May 27 Some Taiwanese bondholders did … Read more

Putin signs decree on new scheme to service Eurobonds as default looms

Russian President Vladimir Putin chairs a meeting with members of the Security Council via video link in Moscow, Russia June 22, 2022. Sputnik / Mikhail Metzel / Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, June 22 (Reuters) – President Vladimir Putin signed a decree on Wednesday to establish temporary … Read more

Morning Bid: What purchasing managers are saying

Workers install a battery for a new electric vehicle model at Mitsubishi Motor Corp’s factory in Kurashiki, Japan May 19, 2022. REUTERS / Satoshi Sugiyama / File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Sujata Rao Indexes based on the views of purchasing … Read more

Morning Bid: Why the calm in markets will not last

A look at the day ahead in markets from Dhara Ranasinghe. Last week’s market turmoil that sparked the biggest weekly drop in world stocks since March 2020, has given way to a degree of calm. But do not bet on it lasting. In short, until there are clear signs that inflation in major economies is … Read more

Morning Bid: Looking at the bright side of markets

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 18, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Sujata Rao It’s a pretty eventful day in markets. US … Read more

EU blacklists “butchers” of Bucha and Mariupol in latest Russia sanctions

Olympian Kabaeva, “closely associated” with Putin, on list Putin spokesman Peskov blasts lack of EU independence Wife of billionaire Melnichenko also among 65 names BRUSSELS, June 3 (Reuters) – The European Union on Friday blacklisted Russian military commanders who it said led troops involved in atrocities in Ukraine, describing them as the “butchers” of Bucha … Read more

Morning Bid: Full steam ahead for central banks

The Federal Reserve building is seen in Washington, US, January 26, 2022. REUTERS / Joshua Roberts / File Photo / File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Sujata Rao. From Wednesday, the US Federal Reserve starts allowing the bonds it holds to … Read more

Ruble extends losses after rates slashed; Eurobonds in focus

A picture illustration shows Russian ruble banknotes of various denominations on a table in Warsaw, Poland, January 22, 2016. REUTERS / Kacper Pempel / File Photo Register now for FREE unlimited access to Reuters.com Register May 27 (Reuters) – The Russian ruble extended its losses on Friday after plunging in the previous session as the … Read more

Morning Bid: Get your motor runnin ‘- Reuters.com

Morning Bid: Get your motor runnin ‘Reuters.com

Russia needs huge financial resources for military operation – finance minister

Tanks of pro-Russian troops drive along a street during Ukraine-Russia conflict in the town of Popasna in the Luhansk Region, Ukraine May 26, 2022. REUTERS / Alexander Ermochenko Register now for FREE unlimited access to Reuters.com Register May 27 (Reuters) – Russia needs huge financial resources for its military operation in Ukraine, Finance Minister Anton … Read more