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1 min read
Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in A…
Jennifer Sor
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
1 min read
Russian banks are grappling with liquidity issues as US sanctions choke supply of yuan
Yuan availiability is shriveling up in Russia as US sanctions have pushed Chinese lenders away from…
Filip De Mott
2 mins read
Russia has expanded its shadow fleet that it uses to evade oil sanctions, think tank says
Russia added 74 ships to its secretive fleet of shadow tankers, according to a new report from a Uk…
Jennifer Sor
2 mins read
'Everything on table,' says Canadian foreign minister when asked about sanctions on India
Tensions between India and Canada escalated after Canadian Prime Minister Justin Trudeau on Monday …
PTI
2 mins read
Russia could merge state-run oil companies to make the world's 2nd largest producer, report says
A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…
Kelly Cloonan
1 min read
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
2 mins read
Stocks tied to Russia rally as Trump's win fuels hopes for an end to the Ukraine war
Ukraine bonds have also rallied this week as investors grow hopeful that president-elect Donald Tru…
Kelly Cloonan
2 mins read
As Trump threatens tariffs on China, the Chinese market pins its hopes on a massive stimulus announcement
Trump, a China hawk, has floated tariffs of more than 60% on Chinese goods.
Huileng Tan
2 mins read
Russian FX trading is almost entirely in yuan as sanctions restrict dollar use
The Chinese yuan takeover comes after sanctions halted trading in the dollar and euro.
Filip De Mott
6 mins read
How a free meal cost an investor his retirement savings
Fancy restaurants with presentations are a common practice in the industry, says one financial plan…
Laila Maidan
2 mins read
3 reasons why surging gold prices will climb another 8% by the end of 2025, Goldman says
Goldman Sachs says the price of gold will reach a record of $3,000 an ounce by the end of next year.
Filip De Mott
4 mins read
How gold became one of the world's hottest investments
Central banks purchased a record 483 tons of gold in the first half of the year, according to the W…
Matthew Fox
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
3 mins read
TSMC chips reportedly ended up at Huawei. It raises concerns about 'shadow networks' bypassing US sanctions.
TSMC and other chipmakers are barred from doing business with Huawei without exemptions from the US…
Huileng Tan,Beatrice Nolan
1 min read
A Russian company is bartering chickpeas for Pakistani rice as sanctions stop payments
A Russian company will reportedly barter with Pakistan as the Kremlin struggles to make payments ac…
Kelly Cloonan
2 mins read
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
3 mins read
Sanctions have put the production of Russia's most advanced stealth fighter in jeopardy, research group says
Sanctions have impacted Russia's production of its Su-57 fighter jets, according to a research grou…
Thibault Spirlet
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
1 min read
Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines
Russians were lining up at one lender that was still offering dollars after trade was restricted fo…