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Global Bond Funds Gain First Weekly Inflow in Two Months
Date: June 3, 2022
(Reuters) – Global bond funds obtained inflows in the week to June 1 after eight weeks of outflows, lifted by strong demand as fears over aggressive monetary tightening and excessive price pressures eased. Investors purchased a net $6.16 billion worth of global bond funds in their first weekly net buying since March 30, marking the...
Ukrainians Hold Out as Russia Storms Eastern City on War’s 100th Day
Date: June 3, 2022
SIEVIERODONETSK, Ukraine (Reuters) -Russian forces advanced deep into the ruined eastern factory city of Sievierodonetsk but Ukrainian troops were still holding out there on Friday as Russia’s assault on its neighbour reached its 100th day. Ukraine’s defence minister said his troops were already training in Europe to operate new, advanced missile systems pledged this week...
Russia’s Invasion of Ukraine Enters 100th Day
Date: June 3, 2022
(Reuters) – Russia’s invasion of Ukraine entered its 100th day on Friday with no end in sight to the fighting that has killed thousands, uprooted millions and reduced cities to rubble. After abandoning its assault on the capital, Kyiv, Russia is pressing on in the east and south in the face of mounting sanctions and...
Trades in Russian Shares Show Investors Testing the Exits
Date: June 1, 2022
By Sinead Cruise and Huw Jones LONDON (Reuters) – A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are still seeking ways to buy and sell stock in Russian companies rendered near untouchable due to sanctions. Europe, the United States and Canada blocked certain banks’ access...
FTSE 100 Hits One-Month High, Countryside Soars After Takeover Approach
Date: May 30, 2022
(Reuters) -UK’s FTSE 100 hit over one-month highs on Monday, as an easing of China’s COVID-19 curbs lifted spirits across Asian and European markets, while Countryside soared after its shareholder made a second approach to buy the homebuilder. The blue-chip FTSE 100 climbed 0.4% to hit its highest level since April 22, while the midcap...
Russia Freezes Trading in up to 14% of U.S.-listed Shares on Spb Exchange
Date: May 30, 2022
(Reuters) -SPB Exchange, Russia’s second-largest bourse, said on Monday it will transfer up to 14% of U.S.-listed shares that its clients possess to a non-trading account after the central bank said it will restrict trading in some foreign shares. Financial links between Russia and external markets have been damaged by sweeping sanctions that the West...