Regional News

10.08.2022

Strong rouble draws foreign workers to Russia

Over 3.12 million people entered Russia in the second quarter of 2022 to work, TASS reported on Monday citing data from FinExpertiza audit and consulting network.

“In the second quarter of 2022 there were 4.16 million foreigners on migration registration… while 3.12 million people (75%) indicated work as the purpose of...

Over 3.12 million people entered Russia in the second quarter of 2022 to work, TASS reported on Monday citing data from FinExpertiza audit and consulting network.

“In the second quarter of 2022 there were 4.16 million foreigners on migration registration… while 3.12 million people (75%) indicated work as the purpose of...

10.08.2022

Russian companies to be able to open D type accounts to honor Eurobond commitments

Russian companies will be able to open D type accounts to honour commitments towards Eurobond holders, according to the presidential decree posted on Monday.

A Russian legal entity having commitments related to Eurobonds will be able to send an application to a Russian bank on the basis of authorisations issued by...

Russian companies will be able to open D type accounts to honour commitments towards Eurobond holders, according to the presidential decree posted on Monday.

A Russian legal entity having commitments related to Eurobonds will be able to send an application to a Russian bank on the basis of authorisations issued by...

10.08.2022

Rouble turns bullish as Russian stock markets hover

The rouble firmed towards 60 against the U.S. dollar on Tuesday, retaining support from capital controls and high prices for oil, Russia's key export, while stock indexes were mixed as the market lacked momentum.

At 0738 GMT, the rouble was 0.6% stronger against the dollar at 60.40, trading in a range...

The rouble firmed towards 60 against the U.S. dollar on Tuesday, retaining support from capital controls and high prices for oil, Russia's key export, while stock indexes were mixed as the market lacked momentum.

At 0738 GMT, the rouble was 0.6% stronger against the dollar at 60.40, trading in a range...

10.08.2022

China’s exports to Russia soar

Russia bought $6.7 billion worth of goods from China in July, an increase of more than a third from the previous month, Bloomberg reported on Monday, citing data from China’s customs authority.

According to the report, Chinese goods are filling the void left by the exodus of western brands amid unprecedented...

Russia bought $6.7 billion worth of goods from China in July, an increase of more than a third from the previous month, Bloomberg reported on Monday, citing data from China’s customs authority.

According to the report, Chinese goods are filling the void left by the exodus of western brands amid unprecedented...

10.08.2022

Energy equity pulls China stock markets up

China shares edged up on Tuesday led by energy and renewable energy stocks, while gains were capped as COVID-19 outbreaks and tensions with the United States weighed on sentiment.

The CSI300 index rose 0.3% to 4,159.36 at the end of the morning session, while the Shanghai Composite Index gained 0.3% to...

China shares edged up on Tuesday led by energy and renewable energy stocks, while gains were capped as COVID-19 outbreaks and tensions with the United States weighed on sentiment.

The CSI300 index rose 0.3% to 4,159.36 at the end of the morning session, while the Shanghai Composite Index gained 0.3% to...


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