Ukraine Financial News

China said the United States is the «biggest disruptor of regional peace and stability» in the world in a scathing response Wednesday to a Pentagon report on China's growing military buildup. The annual report that is required by Congress is one way the Pentagon measures the military capabilities of China, which the US government sees as its key threat in the Asia-Pacific region and America's primary long-term security challenge.

Vinit Bolinjkar, Head of Research, Ventura Securities, says the Middle East war could be a long drawn out affair and if it plays out the way Ukraine and Russia played out in 2022, then we are going to be in for a prolonged correction taking place in the market. These levels of 17,250 which were the previous low which took place, should be the critical level to watch. Do you concur with the view that it is time to take some chips off the table, book the profits — the massive gains in the midcap and smallcap over the last three-four months or do you think it is time to keep the shopping list ready? I concur with the view that it is time to take the chips off the table. Reason being that this melodramatic geopolitical situation that has been created can’t be wished away. It will be only wishful thinking if we think that it will hush away in a few days' time. Substantial kinetic action has taken place and knowing the character of the affected country, one can be sure that they will not stop until justice is served or their goals have been met. I believe that it could be a long drawn out incursion and if it plays out the way Ukraine and Russia played out in 2022, then we are going to be in for a prolonged correction taking place in the market. I guess these levels of 17,250 which were the previous low which took place should be the critical level to watch.

Cost of living Updates Oct 25: The cost of living is basically the amount of money one needs to survive in a given place - to cover one's most essential needs such as food, water, housing, taxes, cost of commute and healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in common man's pocket.

Washington | Venture capital investor DYNE Maritime has launched a $US100 million ($157 million) fund to invest in maritime technologies related to the AUKUS military intelligence sharing pact.

By Karl Plume

WASHINGTON (Reuters) — The White House will request another supplemental spending package this week to address child care, disaster relief, and other priorities, White House spokesperson Karine Jean-Pierre said on Tuesday.

By David French

NEW DELHI : India’s trade with Russia in yuan is gathering pace as Russian exporters prefer being paid in the Chinese currency, two people close to the matter said. The trades are routed through global financial centres like Singapore and Dubai. Russia’s trade with China hit a record after its invasion of Ukraine, and the Western sanctions that followed redirected much of its energy exports to Asia.

Gary Wang, FTX co-founder, began his testimony against Sam Bankman-Fried on Thursday, alleging that he and his former college roommate and boss committed financial crimes and lied to the public before the cryptocurrency trading platform collapsed last year.

Ukraine’s leader says Russian naval assets are no longer safe in the Black Sea near Crimea

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Ukraine President Volodymyr Zelenskyy claims that recent Ukrainian attacks have denied the Russian fleet safe bases and secure maritime corridors in the western part of the Black Sea

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge

Prices for Russian oil have risen well above a price cap imposed by Western allies as part of sanctions over the invasion of Ukraine

Oil prices are up and markets are tense after the outbreak of war in Gaza

While the world’s eyes were fixed on the unfolding horrors of the latest Middle East war, China was busy pushing the envelope in the South China Sea. On Sunday, a Chinese coast guard vessel and another Chinese ship rammed a Philippine supply boat and coast guard ship in international waters claimed by China around the Spratly Islands. The State Department gravely noted that the Chinese actions “violated international law," but China appears unimpressed.

The founder of the Pennsylvania blockchain forensics firm CipherBlade claims that a group of employees executed a "hostile takeover" in a lawsuit filed in Alaska.

Global demand for fossil fuels is likely to peak before the end of the decade, with mounting shocks to the global energy system caused by geopolitical uncertainty hastening the move to renewable energy, according to the International Energy Agency. The IEA, a Paris-based group of some of the world’s biggest energy users, said demand for coal, oil and natural gas should all peak this decade, with increasing use of electric vehicles and renewable energy offsetting demand for carbon-based fuel sources.

“We remain overweight on sectors that will benefit from economic expansion such as banks, industrials, utilities, defence, real estate, and cement,” says Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life. In an interview with ETMarkets, Tandon said: “We are very positive on the infrastructure and real estate cycle as the sector will continue to benefit with the government allocating higher budgets and offering various incentives” Edited excerpts: October is turning out to be a roller coaster ride for investors in equity markets. Will geopolitical concerns have a long-term impact on equity markets if things escalate? Geopolitical pressure is on the rise amid the ongoing war between Russia and Ukraine and now the Israel-Palestine conflict.

Biden and Xi have not engaged in any discussions since their last meeting in November, which took place on the sidelines of the Group of 20 summit in Bali, Indonesia. Tensions between the world's leading economies have remained consistently elevated throughout the past year.

By David Morgan and Katharine Jackson