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First shipment of Russian oil could reach Pakistan on May 24
Business & Economy Published 26 Apr, 2023 06:36pm

First shipment of Russian oil could reach Pakistan on May 24

Pakistan hopes to get 30% of its oil from Russia
U.S. five-year credit default swaps hit new 2011 high
Business & Economy Published 26 Apr, 2023 03:39pm

U.S. five-year credit default swaps hit new 2011 high

Spreads on U.S. five-year credit default swaps widened to 62 basis points
Cost inflation is slowing but shoppers may not see lower prices soon
Business & Economy Published 26 Apr, 2023 03:34pm

Cost inflation is slowing but shoppers may not see lower prices soon

Rising expenses for everything from sunflower oil to milk and grain
Airbus shakes up leadership of A320-family jet programme
Business & Economy Published 26 Apr, 2023 03:23pm

Airbus shakes up leadership of A320-family jet programme

Airbus said it does not comment on internal appointments
Russia’s VTB to launch digital bank on VKontakte social network
Business & Economy Published 26 Apr, 2023 01:34pm

Russia’s VTB to launch digital bank on VKontakte social network

Russia is pushing its Mir payment cards
London stocks fall as major earnings roll in; Persimmon jumps
Business & Economy Published 26 Apr, 2023 01:22pm

London stocks fall as major earnings roll in; Persimmon jumps

The blue-chip index (.FTSE) edged down 0.1%
Vonovia to sell 1b eur stake in residential portfolio to Apollo
Business & Economy Published 26 Apr, 2023 01:00pm

Vonovia to sell 1b eur stake in residential portfolio to Apollo

Not the big bang, and sold 5% below recent fair value
Swiss regulator says two banks’ crisis plans are insufficient
Business & Economy Published 26 Apr, 2023 12:50pm

Swiss regulator says two banks’ crisis plans are insufficient

The financial regulator had positively viewed the crisis plan Credit Suisse
StanChart profit swells on soaring global interest rates
Business & Economy Published 26 Apr, 2023 12:26pm

StanChart profit swells on soaring global interest rates

StanChart, which earns most of its revenue in Asia
Japan’s Honda Motor in strategic collaboration deal with TSMC
Business & Economy Published 26 Apr, 2023 12:19pm

Japan’s Honda Motor in strategic collaboration deal with TSMC

Japanese automakers have struggled to completely shake off
Dollar, yen boosted as US banking sector fears put safe-havens back in vogue
Business & Economy Published 26 Apr, 2023 12:04pm

Dollar, yen boosted as US banking sector fears put safe-havens back in vogue

The dollar index , which measures the currency against six major rivals
Australia inflation slows in Q1, market leans against rate hike
Business & Economy Published 26 Apr, 2023 11:56am

Australia inflation slows in Q1, market leans against rate hike

Investors reacted by lengthening the odds on the Reserve Bank of Australia
US futures bounce but bank worries boost safer bets
Business & Economy Published 26 Apr, 2023 11:39am

US futures bounce but bank worries boost safer bets

Facebook parent Meta Platforms (META.O) reports later in the day
Gold holds tight range as traders seek direction from US data
Business & Economy Published 26 Apr, 2023 11:02am

Gold holds tight range as traders seek direction from US data

Investors seemed reluctant to offload their gold holdings
CBOT soybeans may bounce into $14.60-1/2 to $14.68-1/4 range
Business & Economy Published 26 Apr, 2023 10:51am

CBOT soybeans may bounce into $14.60-1/2 to $14.68-1/4 range

it is not very clear how strong the bounce would be
New BOJ chief’s first task may be to tweak forward guidance
Business & Economy Published 26 Apr, 2023 10:41am

New BOJ chief’s first task may be to tweak forward guidance

Japan having re-opened the economy and removed COVID-19 curbs
Oil rises as falling US inventories refocus market on demand
Business & Economy Published 26 Apr, 2023 10:26am

Oil rises as falling US inventories refocus market on demand

Brent crude climbed by 30 cents
Asian stocks off to shaky start after rout on Wall Street
Business & Economy Published 26 Apr, 2023 09:01am

Asian stocks off to shaky start after rout on Wall Street

Lacklustre US consumer data and mixed earnings reports
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