MUMBAI: India’s National Stock Exchange (NSE) said on Monday two key indexes were now operating normally after they earlier stopped updating “intermittently” – a glitch that came amid sharp drops in Indian shares. The country’s biggest bourse had flagged problems with the blue-chip NSE Nifty 50 index and Nifty’s bank […]
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BEIJING/SHANGHAI : China’s foreign exchange regulator surveyed banks last week, asking about their business ties with Russia and risk management processes in a bid to gauge spillover effects on China from the West’s tough sanctions against Moscow, seven banking and policy sources told Reuters. The State Administration of Foreign Exchange […]
ANKARA, TURKEY – MAY 11: In this illustration photo logo of TikTok is displayed on a smartphone and a pc screen in Ankara, Turkey on May 11, 2021. “In light of Russia’s new ‘fake news’ law, we have no choice but to suspend livestreaming and new content to our […]
WASHINGTON: Russia’s blocking of Facebook is a symptom of its broader effort to cut itself off from sources of information that could imperil its internationally condemned invasion of Ukraine, experts say. The often-criticised social network is part of a web of information sources that can challenge the Kremlin’s preferred perspective […]
LONDON : Britain’s culture minister said she had asked social media company Tik Tok and Facebook’s parent company Meta Platforms if they could prevent access to Russian state-owned television network RT in Britain. Meta said on Monday it would restrict access to Russian media outlets RT and Sputnik on its […]
MOSCOW : Cryptocurrency exchange Binance on Thursday said cardholders of sanctioned Russian banks would not be able to use them on their platform and confirmed that sanctioned individuals have had their access restricted. Some of the world’s biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance […]
MUMBAI : Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia’s invasion of Ukraine. Palm oil’s record premium over rival oils […]
Cryptocurrency exchanges are still trying to figure out how to deal with western sanctions against Russia after its invasion of Ukraine. US measures that were announced last Thursday (Feb 24) aim to limit Russia’s ability to do business in dollars and some other international currencies. They include penalties on the […]
HONG KONG: Hong Kong residents braced for a city-wide lockdown, emptying supermarkets and pharmacies today, even as leader Carrie Lam called for calm and appealed for the public not to worry over a compulsory mass Covid-19 testing plan. Mass testing for the city’s 7.4 million residents is set to take […]
Nikola Corp said on Thursday it aimed to deliver 300 to 500 Tre BEV electric trucks this year, as it works on expanding its plant in Coolidge, Arizona. The company, which was working with the U.S. Securities and Exchange Commission (SEC) to pay a $125 million penalty to settle a […]