Global Stock Market

Shares in some European banks regained some of their gains on Tuesday after falling this week due to their links to dealings with Russia, but the sector remained volatile as the fighting in Ukraine continued. Shares of Austrian bank Raiffeisen rose 2.7 percent in early trading, partly offsetting a 14 …

Japanese Finance Minister Shunichi Suzuki said on Tuesday that Japan and the United States had pledged to work together to make Russia “pay a heavy price” for its invasion of Ukraine. In comments he made shortly after his online conversations with US Treasury Secretary Janet Yellen, Suzuki said the two …

Japanese stocks rose on Tuesday, as continued optimism about cease-fire talks between Russia and Ukraine boosted sentiment, prompting investors to buy into retreating shares. The Nikkei index rose 1.2 percent to 26,844.72 points after it crossed the 27,000 level for the first time since February 18. The broader Topix index …

Japanese carmaker Mitsubishi Motors said on Tuesday it may stop producing and selling its cars in Russia, as economic sanctions against Russia could cause supply chain disruptions. Japan on Tuesday joined the United States and other allies in imposing additional sanctions on Russia, which included freezing the assets of the …

It has been another busy holiday season this year with online sales growing 11% year-over-year (YoY) according to the latest Mastercard SpendingPulse market intelligence which focuses on the measurement of in-store and online retail MasterCard said late Monday that it has blocked a number of financial institutions from the MasterCard …

Asian markets closed today’s trading up across the board, with the exception of Hong Kong’s Hang Seng, which edged down 0.24% while Japan’s Nikkei rose 0.19%, China’s Shanghai Composite gained 0.32%, India’s Sensex advanced 0.70%, and South Korea’s KOSPI finished trading up 0.84%. Taiwan’s equity markets are closed today to …

Geopolitical tensions between Russia and the West, including the Ukrainian crisis, have greatly escalated during last week. Although the current crisis will likely mark the inauguration of a new security formula for Europe and the United States, economists at Citibank still have confidence in the financial markets. Economists believe that …

European shares fell on Monday as Western countries imposed tough new sanctions on Russia in the wake of its invasion of Ukraine while rising oil prices fueled fears of hyperinflation. By 0810 GMT, the pan-European Stoxx 600 index fell 2.1%, Germany’s DAX 2% and Britain’s Financial Times 0.9%. Crude oil …

Japanese stocks reversed course to close higher on Monday as investors hoped talks between Russia and Ukraine would yield a positive outcome, easing concerns about the economic impact of tough Western sanctions on Russia. The Nikkei index rose 0.19 percent to close at 2,6526.82 points, after falling 0.8 percent earlier …

Unless Moscow rolls back Russian troops shortly, which still seems doubtful, risk-on appetite in markets is believed not to continue for longer.Speculations tend to support the view that Russia’s invasion of Ukraine will slow the planned pace of US Fed’s quantitative tightening which is awaited mid-March.Investors and consumers are monitoring …