ECONOMY & MARKETS

What seemed like a tail risk event for world markets just a few weeks back became reality on Thursday as Russia's attack on Ukraine generated a fresh wave of uncertainty and sent money managers scrabbling to assess the investment implications.

Russia's invasion of Ukraine saw investors scrambling for the safety of gold and the protection of inflation hedges as weeks of brinkmanship came to a head on Thursday.

What seemed like a tail risk event for world markets just a few weeks back became reality on Thursday as Russia's attack on Ukraine generated a fresh wave of uncertainty and sent money managers scrabbling to assess the investment implications.

South Korea said on Thursday it would join in unspecified multilateral economic sanctions on Russia in response to its military operations in Ukraine, but is not considering adopting unilateral measures.

The rouble bounced off all-time lows on Thursday as the central bank announced FX interventions and stocks plummeted, bracing for harsh sanctions against Moscow, after President Vladimir Putin ordered Russian forces to invade Ukraine.

The European Central Bank should continue its bond-buying stimulus programme at least until the end of the year and keep it open-ended to cushion the fallout from any conflict in Ukraine, ECB policymaker Yannis Stournaras told Reuters.

Sarah Crane is part of a booming proportion of the housing market: solo buyers.

U.S. banks were well-prepared for the Western sanctions announced so far over Russia's aggression towards Ukraine, but they are still nailing down details and worry that new measures could increase the cost and complexity of enforcing the new restrictions, lawyers and industry executives said.

By Md Manzer HussainBENGALURU - Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful supply is likely to ensure the city state stays a buyer's market for a few more years, a Reuters survey found.

The Indian economy likely grew at a slower pace in the final quarter of 2021, primarily due to lacklustre manufacturing output and investment, according to economists in a Reuters poll.

South Africa's biggest construction firm Wilson Bayly Holmes - Ovcon Ltd (WBHO) said it is pulling out of Australia, saying the country's "hardline" COVID-19 response had impacted its property market and created business uncertainty.

Oil prices broke above $100 a barrel on for the first time since 2014 and stock markets slumped globally on Thursday while Russia's rouble hit a record low as the U.S.

Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped globally and the rouble hit a record low on Thursday after Russian President Vladimir Putin launched an invasion of Ukraine.

Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the rouble hit a record low on Thursday after Russian President Vladimir Putin launched an invasion of Ukraine.

Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the rouble hit a record low on Thursday after Russian President Vladimir Putin launched an invasion of Ukraine.

Global stocks extended a sell-off, the dollar, gold and oil prices jumped, and U.S. Treasury yields fell on Thursday amid growing fears of a full-scale Russian invasion of Ukraine.

Stocks pared losses and the U.S. dollar and oil futures pared gains as U.S.

Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher after Russian President Vladimir Putin issued a blistering warning against Ukraine and authorised special military operations in Ukraine's Donbass region.

The Bank of Canada will raise interest rates by 25 basis points on March 2, earlier than previously thought and ahead of the U.S.

San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she expects the U.S.

San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she expects the U.S.

With the U.S. economy and the labor market doing well but inflation too high, it is "appropriate" for the Federal Reserve to begin reducing policy accommodation next month, San Francisco Federal Reserve Bank President Mary Daly said Wednesday.

The European Union will be ready to launch a second package of sanctions against Russia, including export controls, if Russian troops move beyond the Ukrainian regions held by Russian-backed separatists, European Commission Executive Vice President Valdis Dombrovskis told Reuters on Wednesday.

North Dakota farmer Jennifer Meyer typically devotes at least 20% of her 2,500-acre farm to corn, which provides a convenient feed for the cattle she raises with her husband.

The Cuban sugar industry is barreling again toward its worst season ever, according to official media reports and sources, threatening to dent both national pride and economic growth.

President Joe Biden said on Wednesday the United States would impose sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognized two breakaway regions in eastern Ukraine.

The Canadian dollar strengthened against its U.S. counterpart on Wednesday but gave up much of its advance as rising Russia-Ukraine tensions weighed on investor sentiment.

Wall Street's major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S.

Wall Street indexes ended sharply lower on Wednesday as Ukraine declared a state of emergency and the U.S.