The Russian stock market, along with the exchanges in Italy and Greece, has been Europe’s top-performing stock markets, CNBC writes.
Some investors dismissed these markets as “too dangerous, too politically unstable, too reliant on commodities, too weak economically or a combination of all four,” Russ Mould, investment director at AJ...
Russian billionaire and associate of President Vladimir Putin, Boris Rotenberg, is suing four Nordic banks for refusing to do business with him, Bloomberg reports.
The oligarch, who is on a U.S. sanctions list, says his status as a dual citizen of both Russia and Finland means banks based in Europe must...
The stock markets of developing countries in 2019 attracted $310 billion of portfolio investments of non-residents - against $194 billion a year earlier and $375 billion in 2017, experts at the Washington Institute of International Finance (IIF) calculated.
Separately, in December, the inflow amounted to $30.7 billion compared to November...
A record increase in salary arrears was recorded in Ukraine in 2019, deputy of the party "Opposition platform - For life", Yuri Pavlenko said.
“In 2019, record wage arrears were accumulated since 2001. As of November 1, 2019, the total debt amounted to 3.43 billion hryvnias ($ 143 million), increasing...
A new report by data and analysis provider TokenInsight published Friday says the future of cloud-based bitcoin mining is in Russia, not China, according to AMB Crypto.
The news outlet writes that this overturns the common conception that China’s the only dominant player in the bitcoin mining industry.
With cloud-based bitcoin mining, users...
Foreign delegations that will attend the St. Petersburg International Economic Forum (SPIEF) in 2020 will have an opportunity to be provided with electronic entry visas to Russia, the forum’s organizer, the Roscongress Foundation, said on Thursday, according to TASS.
"Foreign visitors and participants in the St. Petersburg International Economic Forum...
South Korea-based synthetic resins manufacturer DFC Inc. has said it will advance into the Russian market, the company said in a press release Friday.
DFC produces alkyd resins, acrylic resins, polyester resins, amino resins, curing agents and self-healing resins, among synthetic resins for coatings.
Synthetic resins for coatings are used in...
Russia slightly increased the share of U.S. dollars and cut the share of Chinese yuans in its international reserves in the second quarter of 2019, the Bank of Russia said on Thursday, according to Reuters.
The country had 24.2% of its foreign currency assets in dollars as of June 30, 2019, up...
U.S. investor Michael Calvey will be kept under house arrest until Feb. 13, facing charges of embezzlement, a Moscow Court has ruled, according to state-run news agency TASS.
An official representative of Calvey’s company, equity group Baring Vostok, described the decision as "unjustified".
Calvey and other executives at Baring Vostok were...
