Europe’s main stock index rebounded on Friday after hitting its lowest level in nine months, affected by a rally in late Wall Street yesterday, as investors hunted for shares that fell in prices after heavy selling this week, amid concerns about the repercussions of the Russian invasion of Ukraine. By …

According to France’s Finance Minister Bruno Le Maire, cutting off Russia from SWIFT remains on the table but as a last resort. Meanwhile, the UK Defence Minister Robert Wallace said, “we’d like to cut Russia off from SWIFT.” “It is difficult as “not every country wants them out,” Wallace added.

Today, the US Treasury Department imposed expanded economic measures, which target the basic infrastructure of the Russian financial system including all major Russian financial institutions. The measures announced by the US Treasury target nearly 80% of all banking assets in Russia, which will have a profound and long-term impact on …

Japanese stocks halted a five-session losing streak on Friday, boosted by technology heavyweights and after a massive rebound on Wall Street overnight. The Nikkei index rose 1.95 percent to close at 2,6476.50 points, but it fell 2.3 percent this week. The broader Topix index rose 1 percent to 1,876.24 points …

The European Commission issued a statement detailing the proposed sanctions against Russia, which are awaiting approval by European heads of state this evening. These sanctions include depriving Russia of 24 billion euros annually in oil revenues through a European ban on oil exports, financial sanctions targeting 70% of the Russian …

Precious metals gave up gains, gold fell below $1,900 an ounce and palladium fell more than 5% as stocks rebounded after US President Joe Biden unveiled tough new sanctions against Russia on Thursday. And the price of gold in spot transactions fell 0.6 percent to $ 1895.76 an ounce, after …

The Turkish lira fell more than 5% on Thursday as investors sought safe havens after Russian forces invaded Ukraine, raising fears of fresh inflation pressures in Turkey and prompting Ankara to call for confidence in the local currency. The lira fell to 14.62 against the dollar, its lowest level since …

Oil prices rose on Thursday, with Brent crude exceeding $105 a barrel for the first time since 2014 after a Russian attack on Ukraine raised fears of a war in Europe that could disrupt global energy supplies. Brent crude prices rose $8.24, or 8.5 percent, to $105.08 a barrel by …

US wheat and corn futures rose to the highest intraday trading level on Thursday, while soybean prices hit their highest level since 2012 after Russian forces attacked Ukraine, raising fears of a global supply impact. Wheat prices rose for the third day in a row, reaching their highest level in …

The Russian ruble fell to a record low on Thursday, the euro sank to a multi-year low against the Swiss franc, while the Japanese yen jumped after Russian forces attacked Ukraine, firing missiles at several cities and landing troops on the country’s southern coast. Investors turned away from the Russian …