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Showing 121 - 130 of 448 results for "Russia"

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... the OPEC cartel failed to agree on supply cuts aimed to address a slump in global demand caused by the COVID-19 outbreak. Russia refused to back plans to cut production, and in retaliation, Saudi Arabia launched a price war for greater market share ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... years. Seagal has starred in more than 50 films, including Under Siege and Above the Law. In 2018 he was also named by Russia as a special envoy to the US.

Asia is way forward for global economy: DWS

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... it is quite commodity and interest rate based. It's the same story in South Africa. Turkey is very politically run and Russia is quite dependent on the oil price and global risk, whereas the Asian story is really about a pick-up in growth. " Taylor said ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... 1.0 mb/d in 2019. At the same time, as agreed upon on 6 December 2019, the Organisation of Petroleum Exporting Countries, Russia and other oil-producing nations - termed "OPEC+" - reduced production by around 500 kb/d (kilo barrels per day) to 2.1 mb/d ...

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
... way. WTI oil has risen by 35.4% and Brent by 34.0% in 2019 after the the Organisation of Petroleum Exporting Countries, Russia and other oil-producing nations - termed "OPEC+" -- agreed to reduce production by around 500 kb/d (kilo barrels per day) to ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
... effect on 1 January 2020 helped support crude prices. On December 6, the Organisation of Petroleum Exporting Countries, Russia and other oil-producing nations - termed "OPEC+"" -- agreed to reduce production by around 500 kb/d (kilo barrels per day) ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... has more than negated the production cuts implemented by the Organisation of the Petroleum Exporting Countries (OPEC), Russia and other oil producers. The grouping cut oil output by 1.2 million barrels per day (mpd) starting 1 January 2019, originally ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... Germany); the trade war - US and China, Japan and South Korea; Brexit; political uncertainty (in Hong Kong, in Italy, in Russia and in Argentina). These mounting uncertainties have pushed investors into safe haven assets such as longer-term bonds and ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ...