Kazakhstan Lifts Veil on Market Backdoor for Buying Russian Debt
Kazakhstan said local brokerages that snapped up Russian sovereign debt last year did so largely on behalf of clients who were Kazakh and Russian residents.
Kazakhstan said local brokerages that snapped up Russian sovereign debt last year did so largely on behalf of clients who were Kazakh and Russian residents.
London Mayor Sadiq Khan will warn of the “immense damage” Brexit is doing to the capital’s City financial district, and accuse the government of ignoring the wider impacts on Britain.
Europe’s energy crisis upended power trading last year, driving Sweden to become the region’s top exporter after extensive outages in France’s nuclear reactor fleet.
Exxon Mobil Corp. will sell its controlling stake in Esso (Thailand) Pcl, which runs a local refinery and retailing business, to rival Bangchak Corp. as the largest US oil company focuses on its home market and the production of lower-emission fuels.
Malaysia, the world’s second-biggest palm oil producer, will consider halting exports to the European Union in retaliation for the bloc’s new deforestation regulation, according to the country’s deputy prime minister.
Hong Kong has returned to the top five Asia-Pacific investment destinations by property consultancy CBRE for the first time since 2020, thanks to an expected pandemic recovery and low pricing.
Deloitte survey shows a majority of participating employers don’t plan on increasing hiring, while a quarter say they’ll reduce their workforce.
(Bloomberg) — Euro-zone banks are expected to return less cheap long-term funding to the European Central Bank this month compared with at their last two opportunities, according to economists.
Trains on London’s £20 billion ($24 billion) rail line will mostly come to a halt on Thursday as workers walk out over pay and pensions.
Britain’s markets watchdog has warned of potential “systemic defaults” among wholesale brokers in the City of London that may be unfit to weather sudden shocks and longer periods of stress.