Regional News

02.05.2024

Upward trend in Russian market remains strong

Wednesday's trading on the Russian market was going in different directions, by 14:20 Moscow time the Moscow Exchange index was losing 0.4%, its value was 3,426.36 points; The RTS index grows by 0.3% to 1,167.39 points. The mood of Russian investors is being put under pressure by falling oil prices...

Wednesday's trading on the Russian market was going in different directions, by 14:20 Moscow time the Moscow Exchange index was losing 0.4%, its value was 3,426.36 points; The RTS index grows by 0.3% to 1,167.39 points. The mood of Russian investors is being put under pressure by falling oil prices...

02.05.2024

Countries under sanctions reduce damage to their economies

The Centre for Structural Policy Research at the National Research University Higher School of Economics assessed the impact of international sanctions on the global economy and the degree of adaptation of countries to restrictions. The experience of sanctioned countries is also applicable to Russia.

From 1950 to 2022, there were 1,325...

The Centre for Structural Policy Research at the National Research University Higher School of Economics assessed the impact of international sanctions on the global economy and the degree of adaptation of countries to restrictions. The experience of sanctioned countries is also applicable to Russia.

From 1950 to 2022, there were 1,325...

02.05.2024

Russian transporter FESCO's revenue in 2023 increases by 6%

The net profit of the FESCO transport group in 2023 according to IFRS decreased by 4%, to 37.8 billion rouble. The company announced this.

Revenue increased by 6% and amounted to RUB172,004 million.

EBITDA decreased by 25% and amounted to RUB53,607 million. EBITDA margin decreased to 31%.

Net Debt/EBITDA remains at a record...

The net profit of the FESCO transport group in 2023 according to IFRS decreased by 4%, to 37.8 billion rouble. The company announced this.

Revenue increased by 6% and amounted to RUB172,004 million.

EBITDA decreased by 25% and amounted to RUB53,607 million. EBITDA margin decreased to 31%.

Net Debt/EBITDA remains at a record...

02.05.2024

Yuan consolidates on lower end

China’s yuan was largely steady on Wednesday, off a five-month low it hit in the previous session, as the dollar weakened after data showed US business activity cooled in April to a four-month low.

China’s major state-owned banks also were seen swapping yuan for US dollars in the onshore swap market...

China’s yuan was largely steady on Wednesday, off a five-month low it hit in the previous session, as the dollar weakened after data showed US business activity cooled in April to a four-month low.

China’s major state-owned banks also were seen swapping yuan for US dollars in the onshore swap market...

02.05.2024

China stock markets surge within global trend

China stocks closed up on Wednesday and tracked global peers higher as market sentiment was buoyed by upbeat earnings from U.S. companies and rate-cut relief after data showed U.S. business activity cooled in April.

Lifting sentiment, UBS analysts forecast foreign investors to gradually return to China's market via the Stock Connect...

China stocks closed up on Wednesday and tracked global peers higher as market sentiment was buoyed by upbeat earnings from U.S. companies and rate-cut relief after data showed U.S. business activity cooled in April.

Lifting sentiment, UBS analysts forecast foreign investors to gradually return to China's market via the Stock Connect...


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