The Bank of Russia purchased 5.3 billion rubles ($68 million) worth of yuan on the domestic market with settlements on June 25, 2026, as reported by the regulator. This follows a similar purchase with June 24 settlements, part of its ongoing yuan-ruble operations on the Moscow Exchange.
Russia has secured sufficient fuel volumes for its domestic market, according to Deputy Prime Minister Alexander Novak. The country is considering a short-term ban on diesel fuel exports for producers to ensure greater domestic supply, despite currently having a surplus.
Russia is contemplating a temporary ban on diesel fuel exports by producers for a few months to address a domestic surplus and boost supply. Deputy Prime Minister Alexander Novak stated the measure aims to ensure greater volume for the domestic market and replenish stocks.
Deputy Prime Minister Alexander Novak announced Russia has secured sufficient fuel volumes for its domestic market, despite ongoing logistics restructuring. Authorities have banned gasoline and jet fuel exports, are considering a diesel export ban, and postponed refinery maintenance to meet heightened summer demand.
Japan is embracing "techno-nationalism" to boost its domestic aerospace industry and reclaim its status as an innovation hub, partly driven by competition with China and a desire for nationally produced solutions.
The Bank of Russia purchased yuan on the domestic market with settlement on June 16, 2026, for 5.3 billion rubles ($73.11 million). Similar purchases were made on June 15.
The Bank of Russia purchased yuan on the domestic market with settlements on June 11, 2026, for 5.3 billion rubles ($73.08 million). This follows a purchase of 5.2 billion rubles ($71.70 million) on June 10.
The BBC's decision to broadcast the World Cup from the UK, citing cost and environmental concerns, contrasts with ITV's on-location approach. The article analyzes the merits of each, highlighting the BBC's journalistic focus versus ITV's celebrity guests, and the challenges of remote broadcasting.
South Korean budget coffee chains like Mega Coffee, Compose Coffee, Paik's Coffee, and The Venti are accelerating overseas expansion due to a saturated domestic market and rising costs. They are targeting Southeast Asia, Japan, and North America, adapting menus to local tastes.
Chinese AI firms are changing pricing strategies due to competition from DeepSeek's V4 models, with Xiaomi slashing API costs by 99% for its MiMo-V2.5 model
Bank of Russia bought 1.2 billion rubles worth of yuan on June 3 and 4, 2026, on the Moscow Exchange.
The Bank of Russia announced it purchased yuan on the domestic market for 1.2 billion rubles ($16.3 million) with settlements on June 3, 2026. The central bank also made a similar purchase for 1.2 billion rubles on June 2.
China has approved licenses for 166 foreign companies to pilot value-added telecommunications services, including internet data centers and information services, in select zones. Analysts believe this move offers opportunities for multinationals but will likely have a limited impact on the domestic market due to existing competition and pilot zone restrictions.
Union minister Piyush Goyal stated that global investors have strong confidence in India's future, viewing it as the world's fastest-growing economy for over two decades. He highlighted successful foreign investments like Hyundai and JCB as examples of India's manufacturing strengths and growth potential.
US-China geopolitical tensions may extend to biotechnology as Chinese firms secure record $60B in cross-border deals in Q1 2026, dominating global biotech deal-making. US policymakers express concern over capital fueling China's industry growth.
The Bank of Russia purchased 1.2 billion rubles ($16.64 million) worth of yuan on the domestic market with settlements dated May 29, 2026. Similar operations were conducted on May 28.
Australia's government has proposed a domestic gas reservation policy requiring producers to supply 20% of LNG exports domestically, sparking a conflict with Santos and drawing criticism from the energy industry over potential impacts on investment and international standing.
Zelos Technology, a Chinese robovan firm, believes Southeast Asia and the Middle East offer double the revenue potential compared to its domestic market. The company, which merged with Cainiao's autonomous vehicle unit, sees international expansion as crucial for profitability and competitiveness, emphasizing AI capabilities.
Russian innovative drugs now constitute over 60% of the domestic pharmaceutical market in terms of units sold, according to Industry and Trade Minister Anton Alikhanov. However, their share in value terms is only about 20%.
China's Suifenhe, a border town, is experiencing an economic boom driven by increased trade with Russia, particularly in car exports. Local businesses report a surge in Russian customers and demand, benefiting from sanctions against Russia and China's rejection of them.
China has launched its first domestically produced racing fuel, debuting at the China Taklimakan Rally. Developed by Sinopec Group and Zhenhai Refining & Chemical, it aims to end reliance on imports for high-level competitions, addressing issues of cost and supply chain instability.
Gold and silver prices surged domestically following India's sharp increase in import duties to 15%. Analysts expect prices to align with international levels as the market absorbs the changes, with a constructive long-term outlook for gold and strong potential for silver.
The volume of foreign currency sales on the domestic market with settlements on May 6 amounted to $185.95 mln
Chinese technology billionaire Chen Tianqiao’s artificial intelligence start-up MiroMind is suspending its services in mainland China, Hong Kong and Macau, in the latest sign that some of the country’s most globally ambitious firms are increasingly retreating from the domestic market as geopolitical tensions reshape the industry following the Manus saga. In an email sent to select users on Wednesday, the company said that its MiroThinker services would stop operating in regions including...
