 | | | | While the West's big investors have ditched Russia in recent weeks, one small group of armchair investors sees a bargain and is shrugging off any ethical qualms. | | | | | | Russia's largest lender Sberbank on Friday said sanctions on its operations meant its customers would be unable to transfer funds in certain foreign currencies to accounts at other banks, both in Russia and abroad. | | | | | | The Norwegian economy has recovered from the coronavirus pandemic but now faces a negative impact from Russia's invasion of Ukraine, Statistics Norway (SSB) said as it released fresh forecasts on Friday. | | | | | | Ukrainians in Poland will be able to convert hryvnia bank notes into Polish zlotys from the middle of next week as part of a programme involving the central bank, the National Bank of Poland said on Thursday, in a boost for refugees who have faced difficulties exchanging money. | | | | | | Brazilian stock exchange operator B3 reported on Thursday its recurring net profit for the fourth quarter grew by 6.0%, but was slightly below analysts' estimates. | | | | | | S&P on Thursday lowered Russia's rating to 'CC' from 'CCC-', as the country reported difficulties meeting debt payments due on its dollar-denominated 2023 and 2043 Eurobonds. | | | | | | Germany's Deutsche Bank AG said on Thursday its U.S. affiliate had increased its prime lending rate by 25 basis points, mirroring moves by major Wall Street banks after the Federal Reserve announced the first of what is expected to be a series of rate hikes. | | | | | | The Bank of Japan maintained its massive stimulus on Friday and warned of heightening risks to a fragile economic recovery from the Ukraine crisis, reinforcing expectations it will remain an outlier in the global shift towards tighter monetary policy. | | | | | | Bank of New York Mellon Corp said on Thursday it has paused new banking business in Russia and expects a $100-million revenue impact in the first quarter as it joins a host of companies pulling out from the country after it invaded Ukraine. | | | | | | Binance, the world's largest crypto exchange by trading volume, has confirmed in an undertaking to the Ontario Securities Commission (OSC) that it would stop opening new accounts for users in the Canadian province, the regulator said on Thursday. | | | | | |
