Russia says it has ordered the $117 million in interest payments it owes Wednesday to be sent to investors, attempting to avoid its first international default in more than a century. But its not out of the woods yet.
After Russia invaded Ukraine, global oil prices experienced a dramatic spike. Just over a week ago, Brent crude leaped above $139 per barrel. Analysts warned prices could touch $185, then $200 as traders shunned Russian oil, pushing inflation even higher
Chinese stocks listed in Hong Kong had their worst day since the global financial crisis, as concerns over Beijing’s close relationship with Russia and renewed regulatory risks sparked panic selling.
U.S. oil tumbled on Monday, breaking below $100 per barrel, amid talks between Russia and Ukraine as well as new Covid-19 lockdowns in China.
The selloff in Chinese stocks has been so intense that it’s erased all the gains in the largest China tech exchange-traded fund in the U.S. since the debut in 2013.
The Russian invasion of Ukraine has refocused investor attention on the defense industry and especially on cybersecurity companies. Until the invasion, shares of cybersecurity company Palo Alto Networks PANW had been "correcting 2021 gains with a sideways
Even after one of the worst starts to an equity trading year in history, the market upheaval might just be getting started.
The consumer price index for February rose 7.9% from a year ago, the highest level since January 1982.
Russia said it could seize the assets of Western companies that have suspended operations in the country.
President Joe Biden signed an executive order on Wednesday mobilizing the federal government to create a strategy for digital assets like cryptocurrencies that promotes innovation in the industry while minimizing risks to Americans and the global financia
The oil market has been stretched incredibly thin, with few producers willing or able to replace Russian barrels banned by the United States and shunned by others. Enter the United Arab Emirates, which suggested it may be coming to the rescue.
Gold extended its blistering rally on Tuesday towards an all-time high as investors made a beeline for the haven metal on mounting fears about the Ukraine crisis and rising inflation.
Oil prices jumped to their highs of the session Tuesday as President Joe Biden announced a ban on Russian fossil imports including oil in response to the country’s invasion of Ukraine.
During a wild week for markets following the imposition of wide-ranging sanctions on Russia, a number of industrial metals hit all-time highs.
Gold extended its biggest weekly advance since July 2020 amid reports of the US and its allies contemplating an embargo of Russian oil, raising concerns about higher inflation and slowing economic growth.
