Financial Markets

With bond deadlines looming, Russia days away from default
Russia has failed to meet the deadlines because mounting sanctions are cutting off avenues to transfer the cash.
Published On 23 Jun 2022
‘Horrific’ incidents revealed in Australia mining inquiry
The inquiry into sexual harassment was ordered after numerous allegations from women in the mining industry.
Published On 23 Jun 2022
Tesla’s Texas, Berlin factories ‘losing billions of dollars’
A shortage of batteries and China COVID curbs have left the EV maker struggling to ramp up production, Elon Musk said.
Published On 23 Jun 2022
Pakistan, IMF say bailout talks making progress
The two sides have agreed on the budget and fiscal measures but still need to agree on a set of monetary targets.
Published On 22 Jun 2022

Ratcheting up of sanctions is promoting a migration of Russian businesses to Dubai.

In a lawsuit, the bondholder said the default is being ‘orchestrated by officials at the highest levels of government’.

How India balances domestic needs with rice exports could prove the difference between food security and hunger.

Bitcoin rises as much as 1.6 percent in Asia in a tentative sign of recovery from last week’s rout.

Colombo hopes the IMF visit, overlapping with debt restructuring talks, will yield a quick staff-level agreement.

The carrier plans to order up to 300 narrow-body jets from either Airbus or Boeing or both.

Gulf nations will watch protests in India closely with both sides having billions riding on investments and trade.

It lost shelf space in US stores to startups backed by celebrities and struggled with inflation and supply chain issues.

Amazon wants to get its next 100 million customers from the less affluent, non-English speaking pockets of India.

The world’s largest cryptocurrency has slumped about 70 percent since its record high of $69,000 in November.

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