Asset Management
Japan COs Take Multibillion-Dollar Hit On Russian Gas Assets
Two significant Japanese energy investors said on August 2nd that a directive by President Vladimir Putin had threatened to revoke their rights, causing the value of their holdings in a Russian natural gas project to drop by more than half.
The...
Banking
Bank of England Hikes Rates, Sees 13% Inflation, Long Fall
The invasion of Ukraine by Vladimir Putin has put Britain on a path to a longer-than-expected recession and inflation exceeding 13%, the Bank of England said as it increased interest rates for the sixth time in a row. Threadneedle...
Financing
The Central Bank In China To Assist With Housing Problem
According to reports, the Chinese real estate developer Evergrande failed to deliver an initial debt reform plan that it had earlier claimed would be finished by July 31. The announcement comes in the wake of allegations that the nation's...
News
The Deeper Inflation Trend In Japan Shows Rising Prices
As a result of rising commodity prices and a depreciating yen, businesses in Japan are progressively forcing price increases onto consumers at a rate that hasn't been seen in decades.
According to information issued by the Bank of Japan (BOJ)...
Asset Management
Foreigners Dumped Asian Bonds In June As U.S. Yields Rose
According to regulatory data and bond market groups, foreign investors sold $5.08 billion worth of bonds from Indonesia, Thailand, Malaysia, South Korea, and India last month. Since March, this was the biggest monthly outflow. A rise in U.S. yields...
News
Europe Faces Recession Due To Its Russia Policy Failure
Through its largest pipeline, Nord Stream 1, Russia has resumed pumping gas to Europe after a 10-day maintenance pause. Last year, 40% of Europe's natural gas came from Russia. In 2020, Germany was the continent's biggest importer, and analysts...
Banking
The Rate of Inflation In The UK Breaches A 40-Year-Old Mark
As gasoline and food costs continue to rise, UK inflation reached a fresh 40-year high in June, according to official figures released on July 20th. According to a statement from the Office for National Statistics, the Consumer Price Index...
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