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Russian stocks up as main trading session opens
By 10:15 a.m. Moscow time, the MOEX Index was up by 0.07% at 2,773.38 points, while the RTS Index was up by 0.07% at 1,167.47 points
Fitch Cuts Mozambique’s Rating, Citing Probable Bond Default
Fitch Ratings cut its assessment of Mozambique’s foreign-currency debt by one notch to CC, saying a restructuring of the nation’s sole dollar bond had become probable.
Woman trapped in sewage pit for three hours after outback toilet collapses
Woman trapped in poo for three hours after outback toilet collapses51 minutes agoShareSaveAdd as preferred on GoogleKelly NgGetty ImagesA file photo of a pit latrine, or long-drop toilet, in rural AustraliaA woman who was taking a toilet break while on a road trip in the Australian outback ended up getting stuck waist-deep in a pit latrine after it collapsed.She was "trapped in the sewage pit for approximately three hours, until [she was] rescued by a local tradesman who happened to be pass...
Stock market crash: Why have Sensex, Nifty dropped over 1% in trade today? Top reasons
Technology stocks bore the brunt of the selling. Shares of Infosys, HCLTech, Tech Mahindra and Tata Consultancy Services fell between 2 per cent and 4 per cent after Infosys’ fourth-quarter results failed to meet market expectations.
Iran War to Keep Gas Market Tight for Two More Years, IEA Says
The global natural gas market is set to remain tight well beyond this year, as the ongoing conflict in the Middle East and damage to regional infrastructure continue to disrupt supply, according to the International Energy Agency.
Why Markets Are Resilient Despite the Iran War
Stocks are climbing back toward record highs, even as the Iran war continues and oil prices stay elevated. So why aren’t markets reacting? (Source: Bloomberg)
Al Kishi: Don’t Be Alarmed By Currency Swap Discussions
The UAE & US have discussed a currency swap line as a financial backstop due to the impact of the war. But Deutsche Bank’s MEA CEO says despite the uncertainty, the banking environment across the Gulf remains resilient. Jamal Al Kishi spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on activity in the region. (Source: Bloomberg)
Up or down? War scrambles financial market signals
The traditional global asset correlations that collapsed when the war in the Middle East erupted remain broken, leaving investors to piece together strategies to trade the road to resolution with a faulty instrument panel. Record highs for Wall Street stocks belie concerns about fraught geopolitics, how long energy supplies might be disrupted for and long-term economic damage. BMO chief FX strategist Mark McCormick reckons the next three to six months will not resemble the “pre-conflict normal”....
Glorious weather sees UK-grown strawberries arrive in supermarkets
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Singapore boosts import of Russian petroleum products amid situation in Middle East — FT
According to the publication, the volume of supplies from Russia more than doubled the 2025 average monthly level in April
Abu Dhabi court rejects bank’s nearly Dh950,000 loan case over regulatory breach
The Abu Dhabi Commercial Court has dismissed a bank’s lawsuit seeking to recover Dh949,938 from a woman and her guarantor, ruling that the lender failed to comply with central bank regulations requiring adequate guarantees for loans.The bank had filed a case demanding that both defendants jointly repay the outstanding loan amount, along with 9 per cent annual interest from the date of default until full settlement, in addition to legal fees and expenses.According to court records, the loan was g...
Nomura Posts Record Full-Year Profit on Japan Market Recovery
Nomura Holdings Inc. cemented a second straight year of record profit even after fourth-quarter results missed analysts’ expectations.
Asian Policymakers Confront Iran War Fallout | The China Show 4/24/2022
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
MOEX Index up as morning trading session opens
As of 7:10 a.m. Moscow time the MOEX Index was up by 0.11% at 2,774.56 points
Goldman Says Persian Gulf Oil Supply Is 57% Below Pre-War Levels
Oil output from Persian Gulf nations has been running 14.5 million barrels a day below pre-war levels this month, according to Goldman Sachs Group Inc., which estimated any resumption would take months.
Gold price prediction: Will prices recover today & what should investors do?
Gold price prediction today: Gold prices continue to be volatile and a buy on dips strategy is recommended for today, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities recommends a buy on dip strategy.
Infosys shares down 5%, hit 52-week low: Why IT stock tumbled after Q4 results
Infosys shares down hit week low Why IT stock tumbled after Q results
Behind the 40,000% Stock Surge That’s Mystifying Traders in Turkey
At first, it was just a curiosity in Turkey’s financial circles: An obscure brokerage firm with a stock that went up and up.
India Cranks Up Output to Cope With Enduring Cooking Gas Crisis
India’s government is leaning on its refineries to survive an acute shortage of cooking gas as the war in Iran drags on, while also scouring the world for additional suppliers and nudging consumers toward alternatives.
China to bring rocks and soil from Mars by 2031, puts Nasa on alert
China to bring rocks and soil from Mars by puts Nasa on alert