March 24, 2022: Russian steel giant Severstal, whose main shareholder Alexei Mordashov is under EU sanctions, is fighting to avert what would be the first default by a major Russian firm since Moscow launched military
March 23, 2022 (MLN): The entire global economy will feel the effects of slower growth and faster inflation triggered by Russia's invasion of Ukraine, the International Monetary Fund (IMF) said in its latest post. Beyond
March 22, 2022: Leading global research firm, Everest Group®?, has recognized NdcTech, an award-winning partner of Temenos, as a major contender in its Temenos IT Services PEAK Matrix®? Assessment 2022. NdcTech is a leading service
March 22, 2022 (MLN): Fitch Ratings on Monday lowered its global GDP growth forecast to 3.5% for 2022, down by 0.7pp as inflation challenges intensify and Russia’s invasion of Ukraine threatens global energy supplies.
By Manahil Habib Shortly after Russia had carried out its first military invasion on Ukraine in late February, many countries had imposed financial sanctions and export controls against the country. One of them is the
Mar 20, 2022: Energy giant Saudi Aramco said Sunday its 2021 net profit soared by more than 120 percent, due to higher crude prices, as global economic growth recovered from a pandemic induced downturn. The
Mar 18, 2022: Japan's central bank chief said on Friday the country will likely reach its key two-percent inflation target as oil rates surge, but the bank will continue monetary easing policies because the price
March 18, 2022 (MLN): Most APAC banking systems have minimal direct exposure to fallout from the war in Ukraine, says Fitch Ratings. However, there could be indirect effects on regional banks’ creditworthiness through the conflict’s
March 18, 2022: Asian equities were mixed Friday as investors took a breather from a strong rally, with Hong Kong giving up some of the colossal gains fuelled by China's support pledge. After a painful
March 17, 2022 (MLN): The Bank of England (BoE) has raised UK interest rates by 25 basis points to 0.75%, back to their levels before the pandemic. The decision came to ease off inflation with
March 17, 2022 (MLN): The challenges facing monetary policy are changing and the euro economy is unlikely to return to the same inflation dynamics it saw before the pandemic, said Christine Lagarde, President of the
March 16, 2022: Eurozone equities rallied more than three percent Wednesday, extending early gains on Ukraine peace hopes ahead of a US interest rate call, traders said. In late morning deals, Frankfurt's benchmark DAX index
March 16, 2022: The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over its invasion of Ukraine could spark a global supply “shock”. “Faced with
March 16, 2022 (MLN): Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the
March 16, 2022: US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation before it surges out of control. The Federal Reserve
March 24, 2022: Russian steel giant Severstal, whose main shareholder Alexei Mordashov is under EU sanctions, is fighting to avert what would be the first default by a major Russian firm since Moscow launched military
March 23, 2022 (MLN): The entire global economy will feel the effects of slower growth and faster inflation triggered by Russia's invasion of Ukraine, the International Monetary Fund (IMF) said in its latest post. Beyond
March 22, 2022: Leading global research firm, Everest Group®?, has recognized NdcTech, an award-winning partner of Temenos, as a major contender in its Temenos IT Services PEAK Matrix®? Assessment 2022. NdcTech is a leading service
March 22, 2022 (MLN): Fitch Ratings on Monday lowered its global GDP growth forecast to 3.5% for 2022, down by 0.7pp as inflation challenges intensify and Russia’s invasion of Ukraine threatens global energy supplies.
By Manahil Habib Shortly after Russia had carried out its first military invasion on Ukraine in late February, many countries had imposed financial sanctions and export controls against the country. One of them is the
Mar 20, 2022: Energy giant Saudi Aramco said Sunday its 2021 net profit soared by more than 120 percent, due to higher crude prices, as global economic growth recovered from a pandemic induced downturn. The
Mar 18, 2022: Japan's central bank chief said on Friday the country will likely reach its key two-percent inflation target as oil rates surge, but the bank will continue monetary easing policies because the price
March 18, 2022 (MLN): Most APAC banking systems have minimal direct exposure to fallout from the war in Ukraine, says Fitch Ratings. However, there could be indirect effects on regional banks’ creditworthiness through the conflict’s
March 18, 2022: Asian equities were mixed Friday as investors took a breather from a strong rally, with Hong Kong giving up some of the colossal gains fuelled by China's support pledge. After a painful
March 17, 2022 (MLN): The Bank of England (BoE) has raised UK interest rates by 25 basis points to 0.75%, back to their levels before the pandemic. The decision came to ease off inflation with
March 17, 2022 (MLN): The challenges facing monetary policy are changing and the euro economy is unlikely to return to the same inflation dynamics it saw before the pandemic, said Christine Lagarde, President of the
March 16, 2022: Eurozone equities rallied more than three percent Wednesday, extending early gains on Ukraine peace hopes ahead of a US interest rate call, traders said. In late morning deals, Frankfurt's benchmark DAX index
March 16, 2022: The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over its invasion of Ukraine could spark a global supply “shock”. “Faced with
March 16, 2022 (MLN): Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the
March 16, 2022: US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation before it surges out of control. The Federal Reserve
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