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In a new round of sanctions, the U.S. is imposing full blocking on Russia's largest financial institution, Sberbank (OTCPK:SBRCY) (OTCPK:AKSJF), and Alfa Bank, Russia's largest private bank and prohibits any new investment in the country, according to a White House statement made on Wedn...
As Russia's invasion of Ukraine takes hold, officials at the European Union are considering new sanctions against Russian banks, diplomats and officials familiar with the matter told the Wall Street Journal Wednesday. European countries also aim to strengthen curbs on the use of cr...
The Russian ruble is extending gains versus the dollar to the highest level since Feb 28, as the country's stock market gradually reopens after a near month-long suspension. As the Russian stock market regains some ground in the fourth session since trading resumed, the ruble is rising 4...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Painfully, the ongoing Russia-Ukraine conflict has too many unfortunate victims. Investors who couldn’t get out of beaten-up Russian stocks before international exchanges abruptly suspended trading in Russian shares ...
The sweeping package of Russian sanctions introduced over the past several weeks (particularly those introduced by the U.S. Department of the Treasury’s Office of Foreign Assets Control on February 22 and 24) have had existential ramifications for Russian debt. Valuations have ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After a month of being shut down amid conflict-driven turbulence, Russia’s stock market reopened this morning. Russian stocks are rallying as a result, with the Moscow Stock Exchange seeing gains of more than 4% so...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Several Russian stocks are in the spotlight on news that the country’s market has resumed trading today. Source: Shutterstock Stocks of leading Russian companies such as Sberbank (OTCMKTS: SBRCY ), Gazpr...
The Russian stock market will restart limited trading on Thursday after being halted for almost a month in the wake of the invasion into Ukraine, Russia's central bank said in a statement. The Moscow Exchange will allow trading of 33 equities included in the Moscow Exchange Index from 9:50 to...
Russian lender Sberbank (OTCPK:SBRCY) (OTCPK:AKSJF) on Wednesday has been cleared to issue cryptocurrencies on its proprietary platform, according to a release. Also, “companies will be able to make their first transaction on our blockchain platform one month from now," said...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips When Russia invaded Ukraine, the West imposed severe sanctions against the country. Russian banks and bank stocks like Sberbank (OTCMKTS: SBRCY ) were specifically targeted with divestment orders . It appears that ...