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MOSCOW (Reuters) – The Russian central bank on Tuesday said it was ready to take all necessary measures to support financial stability, as Russian assets were hammered by geopolitical fears after Moscow sent “peacekeeping” forces into eastern Ukraine. In an effort to help the financial sector adapt to increased volatility, the central bank said banks …

Russian central bank says ready for measures to support financial stability Read More »

DUBAI (Reuters) – The head of Dubai International Airport, one of the world’s busiest, said on Tuesday he expects more countries to soon start ending rules for vaccinated passengers to be tested for COVID-19. The United Kingdom does not require vaccinated passengers to take a COVID test, while Gulf state Bahrain this month said those …

Dubai airport CEO sees more countries dropping COVID travel testing rules soon Read More »

BANGKOK (Reuters) – Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank said on Tuesday. Thailand, a $544 billion economy before the pandemic hit, needs an innovation-led growth model and to address existing foreign investment constraints …

Digital, circular economy can earn Thailand $3.4 billion a year extra – World Bank Read More »

By Kate Holton and William Schomberg ASHFORD, England (Reuters) – After work in the evenings, Nicola Frape turns off the heating and huddles under a blanket with her daughter and a hot water bottle. Adding a layer costs nothing, she says, but leaving the boiler on drains her inflation-hit bank account. Treats such as cinema …

As inflation hits 30-year high, UK households start to buckle Read More »

By Andrius Sytas VILNIUS (Reuters) – The European Union must impose sanctions on Russia immediately after it recognised two Ukrainian breakaway regions as independent, the governments of the Baltic states of Estonia, Latvia and Lithuania said after Russia’s announcement. Russian President Vladimir Putin recognised the Donetsk and Luhansk regions in eastern Ukraine as independent entities …

Baltics call for swift EU sanctions on Russia after it recognizes Ukrainian breakaway republics Read More »

(Reuters) – It is too early to know if the Federal Reserve will need to start its tightening cycle at its next policy meeting in March with a half percentage point rate rise, Fed Governor Michelle Bowman said on Monday, as she pointed to upcoming data as the deciding factor. “Between now and then it’s …

Fed’s Bowman: too soon to tell if half percentage point rate hike needed in March Read More »

By Joice Alves LONDON (Reuters) -Global markets are already pricing chunky geopolitical risks, but there is scope for risk premia to rise further across all sectors, if a conflict breaks out between Russia and Ukraine, Goldman Sachs strategists said in a note on Monday. Current market levels imply a 5% discount is already priced into …

Markets pricing some geopolitics, but risk premia can grow further -Goldman Read More »

By Elena Fabrichnaya and Katya Golubkova MOSCOW (Reuters) – Russian banks increased their liquid assets held in foreign currencies by $8.5 billion in January to $53.5 billion, the central bank said on Monday, in a sign lenders may try to boost their forex shield in light of fresh sanctions threat. The United States is considering …

Russian banks increase liquid forex assets by $8.5 billion in Jan Read More »

STOCKHOLM (Reuters) -Swedish rate-setters were split over how fast to start tightening policy at their most recent meeting, the minutes published on Monday showed, but a surge in January inflation could tip the scales in favour of speeding up the exit from pandemic-induced measures. At the meeting, the Riksbank broadly stuck to its previous plans …

Swedish central bank split over policy, Jan inflation surge may tip balance Read More »