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Asian shares rise, yen climbs as BOJ battles bond bears

https://tmsnrt.rs/2zpUAr4 BOJ under intense pressure as it defends yield policy Yen hits 7-mth high, yuan climbs as dollar eases Hopes for rapid China recovery aids most Asia stocks More earnings ahead, many central bank speakers SYDNEY, Jan 16 (Reuters) – Asian shares firmed on Monday as optimism about China’s reopening offset concerns the Bank of …

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Russia sends more Arctic oil to China, India after sanctions

SINGAPORE/NEW DELHI, Jan 5 (Reuters) – Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian supplies last month, trade sources and data show. Arctic grades Arco, Arco/Novy Port and Varandey do not normally head East but are …

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Russia outlines plan for ‘unfriendly’ investors to sell up at half-price

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Dec 30 (Reuters) – Foreign investors from “unfriendly” countries selling stakes in Russian assets may have to do so at half-price or less, the finance ministry said on Friday, with the Russian budget potentially taking a 10% …

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Coal, gas lead 2022 commodities rally; recession clouds new year

Russia-Ukraine war propelled coal, gas prices in 2022 Further gains seen on strong energy demand, tight supplies Markets eye China reopening, but recession could cap gains Renewed concerns over food inflation to support grains, oilseeds http://tmsnrt.rs/2yaDPgn SINGAPORE, Dec 30 (Reuters) – Coal and natural gas markets were poised on Friday to end 2022 with strong …

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