June 28, 2022: Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments. The missed payments
June 23, 2022: Germany said on Thursday it would raise the alert level under its emergency gas plan to secure supply following the recent reduction of pipeline supplies from Russia. “Gas is now a scarce
June 23, 2022: The global food crisis sparked by the war in Ukraine will kill millions by leaving the hungriest more vulnerable to infectious diseases, potentially triggering the world's next health catastrophe, the head of
June 23, 2022: Leaders at the upcoming G7 summit in Germany will announce new measures aimed at pressuring Russia over its invasion of Ukraine, a senior US official said Wednesday. “We will roll out a
June 22, 2022: Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat decades-high inflation. While
June 21, 2022: China's road freight volume fell 4.6 percent year on year in the first five months of the year, data from the Ministry of Transport showed. About 14.37 billion tonnes of road cargo
June 21, 2022: State-owned enterprises (SOEs) have a key role to play in energy transition and will shape the growth of low-carbon technology, according to a new report by Fitch Ratings. SOEs are dominant across
June 20, 2022: The largest passenger railway hub in Asia was put into operation Monday in Beijing as a four-year reconstruction breathes new life into the Chinese capital's oldest railway station. With a gross floor
June 20, 2022 (MLN): Unrelenting inflation pressures have prompted the fastest rise in global interest rates since the early 1990s, as central banks move policy rates towards restrictive levels from extreme lows at the start
June 20, 2022: Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in soaring inflation will induce a recession. The losses come after a sell-off
June 17, 2022 (MLN): Environmental crime is one of the most profitable criminal enterprises, generating around USD 110 to 281 billion in criminal gains each year, a report by FATF noted. It covers a wide range
Jun 17, 2022: The Bank of Japan on Friday stuck to its monetary easing policy even as other central banks raise interest rates to tame inflation, but said it would “pay due attention” to forex
June 17, 2022: Asian markets mostly fell Friday after another hefty drop in New York and Europe as central bank interest rates hikes to counter soaring inflation fan fears of a recession. All eyes are
June 16, 2022: The borrowing costs of eurozone governments have jumped in anticipation of the first interest rate hike by the European Central Bank in a decade, reviving memories of its debt crisis. The surge
Jun 15, 2022: The US Federal Reserve is poised to raise borrowing costs Wednesday amid the troubling acceleration of inflation, with the only question being whether officials will opt for the biggest hike in nearly
June 28, 2022: Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments. The missed payments
June 23, 2022: Germany said on Thursday it would raise the alert level under its emergency gas plan to secure supply following the recent reduction of pipeline supplies from Russia. “Gas is now a scarce
June 23, 2022: The global food crisis sparked by the war in Ukraine will kill millions by leaving the hungriest more vulnerable to infectious diseases, potentially triggering the world's next health catastrophe, the head of
June 23, 2022: Leaders at the upcoming G7 summit in Germany will announce new measures aimed at pressuring Russia over its invasion of Ukraine, a senior US official said Wednesday. “We will roll out a
June 22, 2022: Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat decades-high inflation. While
June 21, 2022: China's road freight volume fell 4.6 percent year on year in the first five months of the year, data from the Ministry of Transport showed. About 14.37 billion tonnes of road cargo
June 21, 2022: State-owned enterprises (SOEs) have a key role to play in energy transition and will shape the growth of low-carbon technology, according to a new report by Fitch Ratings. SOEs are dominant across
June 20, 2022: The largest passenger railway hub in Asia was put into operation Monday in Beijing as a four-year reconstruction breathes new life into the Chinese capital's oldest railway station. With a gross floor
June 20, 2022 (MLN): Unrelenting inflation pressures have prompted the fastest rise in global interest rates since the early 1990s, as central banks move policy rates towards restrictive levels from extreme lows at the start
June 20, 2022: Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in soaring inflation will induce a recession. The losses come after a sell-off
June 17, 2022 (MLN): Environmental crime is one of the most profitable criminal enterprises, generating around USD 110 to 281 billion in criminal gains each year, a report by FATF noted. It covers a wide range
Jun 17, 2022: The Bank of Japan on Friday stuck to its monetary easing policy even as other central banks raise interest rates to tame inflation, but said it would “pay due attention” to forex
June 17, 2022: Asian markets mostly fell Friday after another hefty drop in New York and Europe as central bank interest rates hikes to counter soaring inflation fan fears of a recession. All eyes are
June 16, 2022: The borrowing costs of eurozone governments have jumped in anticipation of the first interest rate hike by the European Central Bank in a decade, reviving memories of its debt crisis. The surge
Jun 15, 2022: The US Federal Reserve is poised to raise borrowing costs Wednesday amid the troubling acceleration of inflation, with the only question being whether officials will opt for the biggest hike in nearly
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