Oil prices fall as investors await OPEC+ policy, eye Saudis
Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with some speculation that Saudi Arabia may boost oil production in response to urging by the United States.
Russia to halt gas supplies to companies of Denmark, Germany
Russian energy giant Gazprom said Tuesday that it would no longer supply gas to Denmark's largest energy company Orsted and will halt deliveries to Germany under the Shell Energy Europe contract.
Putin warns over West's arms supplies
Russian leader tells EU pair weapons worsen situation amid calls for truce.
NZ central bank removes dividend restrictions on banks
The Reserve Bank of New Zealand said on Thursday it will allow registered trading banks to resume paying dividends.
What is Jertin？
Established in 2003, JERTIN GROUP LIMITED is headquartered in Hong Kong, with direct branches in the United States, Vanuatu and Sydney, Australia, and has obtained financial services qualifications and is regulated by local financial institutions.
Russia's current account surplus behind rouble strength, says cenbank
The strength of the Russian rouble in recent weeks has been driven by a drop in imports and Russia refraining from foreign currency purchases for the state coffers under its fiscal rule
EU's latest package of Russia sanctions will need to include oil embargo
If the European Union fails to agree on an oil embargo onRussia, it would be difficult to trigger other elements of a proposed sixth package of sanctions onRussia.
Austria's WIFO raising 2022 inflation forecast due to energy costs
Austria's WIFO economic institute plans to raise its inflation forecast for this year to 6.5% from 5.8% seen in March due to higher energy prices
Russia Central Bank Cuts Key Rate for Third Time on Stronger Ruble
The Bank of Russia Thursday lowered its key interest rate to 11% from 14%.
Fed may pause policy tightening in September
The Federal Reserve could pause its monetary policy tightening in September if there is an economic deterioration and inflation subsides
What if the Fed can't tame inflation?
To badly misquote John Lennon: Everybody's talking about inflation, stagflation, capitulation, globalization, stagnation.
$24 billion of Russian central bank assets frozen in EU, less than expected
Brussels says about $24 billion of Russian central bank assets frozen in EU, less than expected
ECB‘s Knot backs Lagarde’s rate hike plans
DAVOS (Reuters) – Dutch central bank chief Klaas Knot, among the most conservative members of the European Central Bank‘s Governing Council, said he fully supported ECB chief Christine Lagarde’s proposed schedule for interest rate hikes.
Sterling regains some lost ground vs euro, steady against dollar
LONDON (Reuters) – The pound reclaimed some lost ground against a weakening euro on Wednesday, a day after plunging following weak data and ahead of the expected release of a report into lockdown-breaking parties at Downing Street.
Gold hovers near 2-week peak as dollar, U.S. bond yields weaken
(Reuters) – Gold prices hovered near a two-week high on Wednesday, buoyed by a pullback in U.S. Treasury yields and the dollar, with downbeat sentiment in riskier assets adding to safe-haven bullions appeal.
Glencores UK unit to plead guilty to seven counts of bribery
By Clara Denina and Kirstin Ridley LONDON (Reuters) – A British subsidiary of Glencore Plc will plead guilty to seven counts of bribery in London in connection with its oil operations as the commodity trading giant starts resolving a string of investigations that have spanned the
TradeZero settles SEC charges it misled customers about meme stock trading halts
(Reuters) – The U.S. Securities and Exchange Commission on Tuesday said TradeZero America Inc and co-founder Daniel Pipitone settled charges they falsely told customers that the broker-dealer did not restrict customers purchases of so-called meme stocks, when in fact they did.
TIM gets 1.6 billion euros in Italian broadband tender
ROME (Reuters) – Telecom Italia (TIM) on Tuesday secured 1.6 billion euros ($1.72 billion) from the Italian government in a tender for the rollout of ultra fast broadband, the innovation ministry said.
Stellantis offers some Serbian workers two years abroad or redundancy
BELGRADE (Reuters) – Stellantis has offered some workers at its plant in Serbia a choice between moving abroad for two years to re-train in electric car production, or taking redundancy, it said on Tuesday.
India restricts sugar exports for the first time in 6 years – government order
MUMBAI (Reuters) – Indian has restricted sugar exports for the first time in six years to prevent a surge in domestic prices and asked traders to secure permission for overseas sale of the sweetener from June 1 to Oct. 31, the government said in a notification
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