Russia

Russia remains one of leading energy market players despite challenges, says Putin

Russia's oil exports to Asia-Pacific region grew 1.5-fold and already exceeded 60 percent

Bank of England holds rates at 5 percent, boosting pound to over two-year highs

The Committee unanimously cut U.K. government bond purchases by $93.77 billion, reducing the total to $523.58 billion

Russia’s Central Bank hikes interest rate to 19 percent, second increase this year amid ongoing inflation

Annual inflation in the country is currently at 9 percent, surpassing earlier predictions

Russia’s gold reserves rise 5.1 percent to $188.8 billion in August

For the first time in a quarter-century, the share of the precious metal in the country’s international reserves exceeded 30 percent

Malaysia applies to join BRICS, strengthening bilateral relations with Russia

Malaysia's bid to join BRICS was a key agenda item in India's PM's meeting with the Russian Foreign Minister

China reclaims top spot with $196.5 billion in international tourism spending in 2023: Report

This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic

Russia raises 2024 budget deficit estimate to $23.76 billion at 1.1 percent of GDP

Russia reduced forecasts for additional oil and gas revenues by 767 billion roubles to 1.05 trillion roubles

Russia’s central bank maintains 16 percent interest rate, raises inflation forecast

The central bank raised inflation forecast to 4.3-4.8 percent, up from 4-4.5 percent

U.S. refiners’ profits set to fall in Q1 of 2024, margins remain strong

Earnings to increase in the next two quarters as demand picks up during the summer driving season