Rouble falls sharply as Russia relaxes some capital controls
The Russian rouble weakened sharply in jittery trade on Monday, reversing some of the previous week’s gains, after the central bank decided to relax temporary capital control measures aimed at limiting a drop in the currency.
Dollar index touches 100 for first time in nearly two years
The U.S. dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the prospect of a more aggressive pace of Federal Reserve interest rate hikes.
EXCLUSIVE Trafigura set to take zinc out of LME system, fuelling concern -sources
Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London Metal Exchange approved warehouses in Asia, sources familiar with the matter said, fuelling concern about more problems at the exchange after chaotic nickel trading last month.
Analysis: Samsung’s reputation hit as prices slashed at home for new premium phone
Samsung Electronics’ (005930.KS) flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance and has seen carriers halve its price at home in South Korea just weeks since its launch, hurting its image as an iPhone rival.
Crypto and gaming collide in high-risk ‘play-to-earn’ economies
Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies.
Roblox founder’s pay jumps to $233 million on long-term stock awards
Gaming platform Roblox Corp’s (RBLX.N) founder and chief executive officer David Baszucki’s compensation package for 2021 totaled $232.8 million, compared with just $6.8 million a year earlier, according to a regulatory filing on Monday.
Huawei pays out $9.65 billion in dividends to current and retired staff
Huawei Technologies (HWT.UL) paid out dividends totalling 61.404 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, according to a filing with the Shanghai Clearing House.
Darktrace shares fall after JPM starts coverage with ‘underweight’ rating
Rising costs are likely to dent cyber security firm Darktrace’s (DARK.L) profit growth, J.P.Morgan analysts said on Tuesday, as they started coverage of the stock with an “underweight” rating.
Sanctioned Russian bank VTB pays FX bond coupons in roubles
Sanctioned Russian lender VTB (VTBR.MM) made coupon payouts in roubles to holders of its subordinated bonds denominated in U.S. dollars and euros, the National Settlement Depository said on Tuesday.
Global bond sales to cross $10 trillion in 2022, S&P Global Ratings says
Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report.
