Financial Services

EXPLAINER: A look at toughest US sanctions facing Russia
Feb 23, 2022

EXPLAINER: A look at toughest US sanctions facing Russia

The Biden administration has launched the first of what could be an ever-tougher series of sanctions targeting President Vladimir Putin, Russia's overall economy and its military and civilian elites over its moves against Ukraine


Asian shares drop as Putin orders troops to east Ukraine
Feb 22, 2022

Asian shares drop as Putin orders troops to east Ukraine

Shares in Asia have fallen sharply after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, a step suggesting a long-feared invasion was possibly underway


Canada lawmakers extend emergency powers for truck protests
Feb 22, 2022

Canada lawmakers extend emergency powers for truck protests

Canadian lawmakers have voted to extend the emergency powers that police can invoke to quell any potential restart of blockades by those opposed to COVID-19 restrictions


Feb 18, 2022

Federal Reserve approves stricter trading rules

The Federal Reserve formally adopted sweeping new rules that will limit the ability of its top officials to invest in financial markets, a change intended to prevent conflicts of interest involving investments affected by Fed policies


Fed: Faster rate hikes are likely if inflation stays high
Feb 16, 2022

Fed: Faster rate hikes are likely if inflation stays high

Federal Reserve policymakers concluded last month that they would accelerate their tightening of credit if inflation failed to slow in the coming months


Stocks gain ground, oil prices fall as Ukraine tensions ease
Feb 15, 2022

Stocks gain ground, oil prices fall as Ukraine tensions ease

Stocks rose broadly in afternoon trading on Wall Street Tuesday as investors welcomed early signs that tensions appear to be easing in Ukraine


Global shares mostly lower as markets watch Ukraine tensions
Feb 15, 2022

Global shares mostly lower as markets watch Ukraine tensions

European benchmarks jumped in early trading amid reports Russian troops may be moving away from the border with Ukraine, although Asian shares were mostly lower


Asian shares mostly lower as markets watch Ukraine tensions
Feb 15, 2022

Asian shares mostly lower as markets watch Ukraine tensions

Asian shares are mostly lower, echoing a decline on Wall Street, amid concerns about rising tensions in Ukraine over thousands of Russian troops that have been amassing on their border


Stocks close lower as Wall Street watches Ukraine tensions
Feb 14, 2022

Stocks close lower as Wall Street watches Ukraine tensions

Stocks fell on Wall Street Monday as the U.S. moved to close its embassy in Ukraine amid heightened tensions over the thousands of Russian troops that have been amassing on the border


Afghans protest US order to give $3.5B to 9/11 victims
Feb 12, 2022

Afghans protest US order to give $3.5B to 9/11 victims

Demonstrators in Afghanistan’s capital have condemned President Joe Biden’s order freeing up $3.5 billion in Afghan assets held in the U.S. for families of America’s 9/11 victims



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.