Ukraine seeks 'ruinous' sanctions on Russia as Europe hesitates LVIV: Ukraine wants sanctions that are economically destructive enough for Russia to end its war after accusing some... Published 07 Apr, 2022 10:42am
World UK slaps new sanctions on Russian banks, energy LONDON: Britain slapped new sanctions on Russia Wednesday over its invasion of Ukraine, targeting two banks and... Published 06 Apr, 2022 09:22pm
Business & Finance Rouble bounces after Russia, Ukraine talks MOSCOW: The rouble saw a tentative bounce in both Moscow and international FX markets on Thursday after the first... Published 11 Mar, 2022 05:12am
Business & Finance EU excludes 7 Russian banks from SWIFT under sanctions BRUSSELS: The EU on Wednesday excluded seven Russian banks from the global SWIFT network, as sanctions were ... Published 02 Mar, 2022 08:15pm
Opinion What impact will sanctions have on Russia and the world? Russia’s economy will likely suffer significantly from the raft of sanctions imposed following Moscow’s invasion... Published 02 Mar, 2022 04:35am
Markets VLSFO crack soars to highest in over two years SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) rose on Monday to its strongest... Published 01 Mar, 2022 05:34am
World Sanctioned Russian banks face international payment problems MOSCOW: Clients of some Russian banks under western sanctions will no longer be able to use their cards abroad or... Published 25 Feb, 2022 08:19pm
World New US sanctions hit Russian banks, elites; spare energy WASHINGTON: The latest round of sanctions announced Thursday against Russia purposely spares the energy sector to... Published 25 Feb, 2022 11:02am
World Biden unveils new sanctions on Russian banks, businesses WASHINGTON: President Joe Biden unveiled harsh new sanctions against Russia on Thursday after Moscow launched an... Published 25 Feb, 2022 06:19am
World Biden says U.S. to impose sanctions on Russian banks and elites WASHINGTON: President Joe Biden said on Tuesday the United States was imposing a first tranche of sanctions against... Published 23 Feb, 2022 01:18am
World US sanctions Russia for 'beginning' invasion of Ukraine WASHINGTON: US President Joe Biden on Tuesday announced tough new sanctions on Russia for "beginning" an invasion of... Updated 23 Feb, 2022 10:56am
World UK unveils sanctions on Russian banks and oligarchs LONDON: Britain on Tuesday slapped sanctions on five Russian banks and three billionaires, in what Prime Minister... Updated 22 Feb, 2022 07:04pm
World US plans to cut ties with targeted Russian banks if Ukraine is invaded WASHINGTON/NEW YORK: President Joe Biden’s administration has prepared an initial package of sanctions against... Published 22 Feb, 2022 04:43am
Markets Russian banks imported $5 billion in foreign cash in December: ACRA estimates MOSCOW: Russian ratings agency ACRA estimates that the country's banks imported $5 billion worth of banknotes in... Published 21 Feb, 2022 07:11pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points