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Russian central bank surprises with sharper-than-expected rate hike to 8.5%

Russian central bank surprises with sharper-than-expected rate hike to 8.5%

© Reuters. People walk past the Central Bank headquarters in Moscow, Russia, April 29, 2016. REUTERS/Maxim Zmeyev/File photo By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble…

Ukraine to nationalise Russian-owned Sense Bank

Ukraine to nationalise Russian-owned Sense Bank

© Reuters. A man walks past a branch of Sense Bank, amid Russia’s attack on Ukraine, in central Kyiv, Ukraine June 21, 2023. REUTERS/Gleb Garanich/File Photo By Olena Harmash KYIV (Reuters) -Ukraine’s central bank said it will nationalise Russian-owned Sense Bank, one of the country’s top commercial banks, and put it under temporary administration on…

US House members want Biden to negotiation Taiwan tax deal

US House members want Biden to negotiation Taiwan tax deal

© Reuters. A Taiwan flag can be seen at Liberty Square in Taipei, Taiwan, July 28, 2022. REUTERS/Ann Wang/File Photo By Patricia Zengerle WASHINGTON (Reuters) – Republican and Democratic members of the U.S. House of Representatives introduced legislation on Wednesday that would authorize President Joe Biden’s administration to negotiate a tax agreement with Taiwan, seeking…