Exclusive-Russia’s VTB expects 2025 profit at 400 billion roubles
MOSCOW (Reuters) – Russia’s second largest lender VTB expects 2025 profit to be 400 billion roubles ($3.76 billion) next year, down from 550 billion this year, due to the central…
Exclusive-Russia’s VTB does not expect Western sanctions to be lifted soon
MOSCOW (Reuters) – Western sanctions imposed on Russia over its military action in Ukraine will not be lifted anytime soon, the CEO of Russia’s second largest lender VTB Andrei Kostin…
Asia FX rattled by Trump tariff threat as dollar surges; yuan at 4-mth low
Investing.com– The Chinese yuan hit a four-month low against a rallying dollar on Monday as Asian currencies fell sharply on U.S. President-elect Donald Trump’s latest threat to impose hefty tariffs…
Oil rises on upbeat China data, shaky Israel-Lebanon ceasefire
By Florence Tan SINGAPORE (Reuters) – Oil prices edged up on Monday supported by upbeat factory activity in the world’s second largest oil consumer China and as Israel resumed attacks…
Dollar edges higher on rate uncertainty, tariff threats
By Wayne Cole SYDNEY (Reuters) – The dollar pushed higher again on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts,…
Gold prices dip as Trump tariff threat supports dollar
Investing.com– Gold prices fell in Asian trade on Monday, pressured by a stronger dollar after U.S. President-elect Donald Trump threatened to impose steep tariffs on the BRICS group of countries.…
BRICS currencies weaken, dollar strong after Trump threatens tariffs
Investing.com– Currencies of countries under the BRICS bloc weakened on Monday, while the dollar firmed after U.S. President-elect Donald Trump threatened to impose steep tariffs on the bloc over its…
Oil prices rise on positive China data; OPEC meeting awaited
Investing.com– Oil prices drifted higher in Asian trade on Monday following some positive economic readings from top importer China, with focus turning to an upcoming OPEC+ meeting for more cues…
Oil inches up on upbeat China data, shaky Israel-Lebanon ceasefire
By Florence Tan SINGAPORE (Reuters) – Oil prices edged up on Monday supported by upbeat factory activity in the world’s second largest oil consumer China and as Israel resumed attacks…
Dollar edges higher amid rate, political uncertainty
By Wayne Cole SYDNEY (Reuters) – The dollar crept higher on Monday in what is shaping up to be a critical week for the prospect of U.S. rate cuts, while…
