 | | | | U.S. equity funds faced heavy outflows in the week to April 13, as investors were spooked by rising yields and fears that the impending monetary tightening from the Federal Reserve would slow growth. | | | | | | The Russian invasion of Ukraine is making Cuba's three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening more hardship for residents, according to economic experts and businessmen. | | | | | | Bank of America Corp reported a smaller-than-expected 13% fall in first-quarter profit on Monday, as strong growth in its consumer lending business helped cushion the blow from a slowdown in global deal-making. | | | | | | Russian Central Bank Governor Elvira Nabiullina on Monday flagged a further cut in interest rates and said it would take two years to rein back inflation to its 4% target as the economy adapts to the impact of western sanctions. | | | | | | The European Union's forthcoming sanctions on Russia will target banks, in particular Sberbank , as well as oil, the head of the European Commission Ursula von der Leyen told a German newspaper. | | | | | | Net foreign inflows into Treasuries rose for a fourth straight month in February in the amount of $75.3 billion, data from the U.S. Treasury department showed on Friday. | | | | | | Fears of being targeted by Western sanctions are deterring Russian brokerages from helping Sberbank by hosting its clients' accounts with foreign stocks holdings, three financial market sources told Reuters. | | | | | | The board of governors of the Inter-American Development Bank has approved a resolution to hire an outside firm to investigate allegations that IDB President Mauricio Claver-Carone had an inappropriate relationship with a subordinate, sources familiar with the decision said on Thursday. | | | | | | The Russian central bank has imposed foreign exchange controls to support liquidity but aims to preserve market pricing principles and a rouble exchange rated determined by the market, the bank's first deputy governor said on Friday. | | | | | | Egypt's current account deficit narrowed to $3.8 billion in the October-December quarter from $4.85 billion in the same period a year earlier, boosted by a jump in tourism, the central bank said in balance of payments figures released on Thursday. | | | | | |
