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Russia began feeling the bite of a raft of tough global sanctions as its economy lurched into serious trouble. The Russian ruble crashed to a record low against the US dollar, losing 25% on Monday after depreciating by 40% last ...

The global economy was still in turmoil at the start of the second week of Russia’s invasion of Ukraine, with most markets losing value as investors remained deeply shaken. On Wall Street, Dow futures slid 1.7%, nearly 600 points. Meanwhile, ...

The full force of the West’s economic sanctions did not appear to dissuade Russian President Vladimir Putin from launching a large-scale invasion of Ukraine.  The surprising “get-out-of-jail-free” card has been Russia’s surging adoption of cryptocurrencies, like Bitcoin. Crypto market watchers ...

The global economy went into a tailspin on the morning that Russia attacked Ukraine, ending weeks of diplomatic efforts to avert the crisis. US stock futures plunged on Thursday. Dow futures were down as much as 780 points, or 2.4%. ...

The conflict in Ukraine finally spilled over into concrete action, with Germany announcing the suspension of the Nord Stream 2 gas pipeline and the US declaring sanctions on Russia. Germany said it was halting certification of the Nord Stream 2 ...

Positive corporate earnings data is pouring into Wall Street, but it is not doing much to calm the nerves of investors who are fixated on increasing inflation, the Fed’s next move, and events in Ukraine. Earnings growth for S&P 500 ...

Asian currencies showed positive signs on Monday, after risk appetite improved on US and Russian plans for a summit on the Ukraine crisis. The South Korean won and the Thai baht climbed about 0.2%, while the Philippines peso and the ...

The sterling edged upwards after the UK’s inflation numbers soared to a nearly 30-year high, prompting widespread expectations that the Bank of England (BoE) would further hike interest rates. The annual rate of consumer price inflation rose to 5.5% in ...

Blockchain-based venture capital transactions continued to surge in 2021, with Miami emerging as the surprise epicenter of this growth. Investment in this overall sector rose by an impressive 2,061% in 2021, according to an analysis of tens of thousands of ...

The euro rallied in Tuesday’s trading on news that Russia announced it would pull back some of its troops from the Ukraine border. However, no sooner had the currency jumped 0.45% did it soften to $1.1347 on the news of ...

Wall Street was awash with uncertainty yesterday as investors stayed jittery over the potential conflict between Russia and Ukraine. US stocks fell after news emerged that the US would close its embassy in Kyiv. The Dow slid by 172 points, ...

The price of London copper rose on Monday as investors continued to look for a hedge against inflation, which shows no sign of cooling down. The three-month copper price on the London Metal Exchange (LME) climbed 0.4% to $9,899.5 a ...

Emerging market funds look set to perform better this month than they historically have when the US Fed hikes interest rates. Emerging economies normally brace for a strong dollar, since they have often borrowed heavily in the greenback and suffer ...

Analysts expect Brazil’s central bank to increase the benchmark interest rate as the country tightens monetary controls, with several more increases in the pipeline. Market watchers expect rake hikes in March and May, with interest rates expected to hit a ...

Major Asian shares held firm this week after a strong showing from tech stocks on Wall Street. All three main Wall Street indexes closed higher, with tech stocks, including Apple and Microsoft, showing gains. The MSCI Emerging Market Index, covering ...