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US sanctions have tanked Russian semi-chip imports from China and Hong Kong, new data shows
Semiconductor exports shipped through China and Hong Kong have dropped as much as 28% in the first …
Filip De Mott
Russia sees 'decades' of Western economic sanctions ahead, official says
Russia sees "decades" of Western sanctions ahead, a foreign ministry official said. The country is …
Kelly Cloonan
Russia's biggest private lender is expanding to China after being hit by US sanctions
The bank, owned by the Russian oligarch Mikhail Fridman, is looking to build new offices in China B…
Jennifer Sor
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
3 reasons to pile into gold with the metal poised to rally in 2025, according to Goldman Sachs
"Gold offers significant hedging value to portfolios against geopolitical shocks including tariffs,…
Matthew Fox
A Russian warlord's new Cybertruck shows how Western sanctions are full of holes
Tesla doesn't ship Cybertrucks to Russia, but that doesn't seem to have stopped Chechen leader Ramz…
Hannah Abraham
New US sanctions take aim at Iran's 'sprawling' network of shadow banks fueling Russian and Houthi operations
Nearly 50 entities and individuals were sanctioned on Tuesday for funding an illicit network in Ira…
Filip De Mott
The US and the West are facing the blowback of sanctions against Russia, economist says
The US may have opened a "Pandora's box of unintended consequences" by imposing sanctions on Russia…
Jennifer Sor
Super Micro Computer falls as short-seller Hindenburg Research accuses the AI darling of 'accounting manipulation'
Hindenburg said an investigation found "glaring red flags" even after the SEC charged the company w…
Jennifer Sor
Stock market today: Indexes slip after Dow closes at record as investor look to Nvidia earnings
Stocks wavered as investors hit the brakes ahead of Nvidia's big earnings report after the closing …
Filip De Mott
The 4 forces that will challenge the dominance of the dollar, according to economic researchers
The dollar's dominance in financial markets has slipped, with the greenback accounting for less tha…
Jennifer Sor
What the US can do to halt de-dollarization, according to one think tank expert
Although de-dollarization is a distant threat, the US has options to keep the movement from growing…
Filip De Mott
Russia is reportedly receiving shipments of dollars and euros despite sanctions and efforts de-dollarize
Russia has received $2.3 billion worth of dollar and euro bills despite sanctions since March 2022,…
Jennifer Sor
Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary
The S&P 500 closed above 5,400 for the first time as traders took in upbeat inflation data and mess…
Jennifer Sor
Russia thanks Western sanctions for helping it avoid the CrowdStrike IT outage
An IT outage linked to CrowdStrike disrupted flights, banks, and media outlets across the globe. Ru…
Cameron Manley
Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says
Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…
Filip De Mott
Stock market today: Indexes trade mixed after the S&P 500 hits longest winning streak of the year
The stock rally lost momentum Tuesday morning as investors gear up for the Fed's symposium in Jacks…
Filip De Mott
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…
Yuheng Zhan
The US-China rivalry will reshape the landscape for Big Tech earnings
Geopolitical conflict and a "tit for tat" rivalry between US and China is a risk to future tech-ear…
Yuheng Zhan
The US is reportedly rethinking plans to ban Russian diamonds amid industry pushback
Sources told Reuters that US officials had pulled back from working on measures to certify gems are…