Singapore to sanction Russia in ‘almost unprecedented’ move
Singapore’s government will impose unilateral sanctions against Russia, a move which a former diplomat said was the first time in decades that the city-state was…
Ruble plunges 30% as onshore prices part ways with overseas rate
Russian markets froze on Monday and traders struggled to price the ruble as international sanctions shook the country’s financial system.
Ukraine tumult deters top wheat importer Egypt from buying grain
Top wheat importer Egypt was forced to yet again ditch efforts to buy the grain it needs to subsidize bread for its people, highlighting the…
Chaos in commodities as Russia’s war on Ukraine upends trade
The turmoil unleashed in commodity markets by Russia’s invasion of Ukraine worsened on Monday as LNG orders were paused, finance for trade in raw materials…
U.K. and New Zealand finalize post-Brexit trade agreement
The U.K. and New Zealand finalized their post-Brexit trade accord, removing tariffs and liberalizing access for services companies.
India to ship record wheat as Ukraine crisis upends trade flows
India is set to benefit from the shifts in global wheat trade as Russia’s invasion of Ukraine leaves a vital source of supply hanging in…
Europe and Russia air bans raise echo of cold war disruption
Most of Europe closed its airspace to carriers from Russia, which reciprocated with its own bans in an echo of the Cold War restrictions that…
Beyond oil and gas: Who’ll lose from Russia-Ukraine trade fallout
Wheat and metals are among other key exports to watch
Toyota idling all Japan plants due to supplier system outage
Toyota Motor Corp. will suspend output at all of its Japan factories on Tuesday following disruptions to a supplier’s systems, marking another setback for the…
Ruble plunges 30% as prices onshore split from those overseas
Russian markets were paralyzed on Monday and traders struggled to price the ruble as international sanctions shook the country’s financial system.
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