Economy

Business Economy News

Russian rouble yet to trade, indicated sharply lower

SYDNEY (Reuters) – The Russian rouble had yet to trade officially in Asia early on Monday but was quoted on dealing sites at between 98.00 to 100.00 per dollar after.

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Business Economy News

World Bank may be able to disburse Ukraine aid funds in days – Malpass

By David Lawder WASHINGTON (Reuters) – World Bank President David Malpass said on Sunday the bank may be able to provide Ukraine with more financial resources within days and that.

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Economy News

Japan January factory output falls 1.3% month/month

TOKYO (Reuters) – Japan’s factory output fell 1.3% in January, government data showed on Monday, coming in slightly below a median market forecast for a 0.7% decline. Manufacturers surveyed by.

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Economy News

Explainer-Russian banks face exclusion as allies deploy ‘financial nuclear weapon’

By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK (Reuters) – The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its.

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Economy News

U.S., allies target ‘fortress Russia’ with new sanctions including SWIFT ban

By Steve Holland, John Chalmers and Daphne Psaledakis BRUSSELS/WASHINGTON (Reuters) – The United States and its allies on Saturday moved to block certain Russian banks’ access to the SWIFT international.

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Economy News

Investors brace for volatility as West moves to cut Russia off from SWIFT

By Davide Barbuscia, Catherine Belton and Ira Iosebashvili NEW YORK/LONDON (Reuters) -Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set.

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Economy News

SWIFT says it preparing to comply with curbs on Russian banks

WASHINGTON (Reuters) – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging.

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Economy News

Analysis-SWIFT block deals crippling blow to Russia; leaves room to tighten

By Catherine Belton, Paritosh Bansal and Megan Davies LONDON/NEW YORK (Reuters) – A decision by Western allies on Saturday to block “selected” Russian banks from the SWIFT payments system will.

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Economy News

Momentum grows to ban Russia from SWIFT payment system

WASHINGTON (Reuters) – Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank payments system in a.

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Economy News

Biden to nominate economist Shambaugh as U.S. Treasury’s int’l chief

By David Lawder WASHINGTON (Reuters) – U.S. President Joe Biden will nominate Jay Shambaugh, a George Washington University professor and former Obama administration economic adviser, as the U.S. Treasury’s next.

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