foreign-investors
Top StoriesMoscow Says Firms’ Foreign-Listed Depositary Receipts Will Be Forced to Return to Russia
Top StoriesIn Istanbul and Dubai, Russians Pile Into Property to Shelter From Sanctions
InvestingForeigners Banned From Selling Russian Stocks as Market Set for Limited Reopening
Top StoriesExclusive-Moscow Sets Out Strict New Controls on Foreigners Trading Russian Assets
Singapore’s Gic Backs Taiwan Stocks After Market Falls – Sources
Date: March 9, 2022
By Liang-sa Loh TAIPEI (Reuters) – Singapore’s sovereign wealth fund GIC has recently remitted a large amount of money and has begun buying Taiwanese stocks, three sources familiar with the matter told Reuters, taking advantage of recent market falls. The benchmark index closed up 1.1% on Wednesday, reversing some losses having dropped 2.1% on Tuesday...
Russia Proposes Nationalising Foreign-Owned Factories That Shut Operations
Date: March 8, 2022
COPENHAGEN (Reuters) – A senior member of Russia’s ruling party has proposed nationalising foreign-owned factories that shut down operations in the country over what the Kremlin calls a special military operation in Ukraine. Several foreign companies including Toyota, Nike and home furnishings retailer IKEA have announced temporary shutdowns of stores and factories in Russia in...
Russia’s Offer to Foreign Firms: Stay, Leave or Hand Over the Keys
Date: March 4, 2022
MOSCOW (Reuters) -Companies around the globe grappled with a dilemma over what to do with their Russian investments on Friday as Moscow laid out their options: stay in the country, exit entirely or hand over their holdings to local managers until they return. First Deputy Prime Minister Andrei Belousov spelt out the government’s position a...
Russia’s Offer to Foreign Firms: Stay, Leave or Hand Over the Keys
Date: March 4, 2022
MOSCOW (Reuters) – Companies and investors across the world faced Russian dilemmas on Friday as they weighed up an offer from Moscow to fast-track their exits from the country and allow them to hand over holdings to local managers until they return. The options offered by First Deputy Prime Minister Andrei Belousov came one week...
Germany’s Uniper Cuts Dividend by 95% to Help Weather Volatility
Date: February 22, 2022
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -German utility Uniper proposed a 95% year-on-year dividend cut to preserve cash on Monday, pointing to energy price swings and risks for the gas market should Russia invade Ukraine. The cut comes after Uniper last month secured credit facilities worth up to 10 billion euros ($11.36 billion)...
Bp Sticks With Russian Business, CEO Looney Says
Date: February 15, 2022
CAIRO (Reuters) – BP is sticking with its Russian oil and gas business, which has so far been unaffectd by simmering tensions between Russia and the West, Chief Executive Bernard Looney said on Monday. BP is the largest foreign investor in Russia with a 19.75% stake in the country’s national oil company Rosneft. It also holds...