Browsing Tag

battering

How Economic Warfare Is Battering Russia

The financial frontAs the Russian military meets stiff resistance on the ground in Ukraine, the U.S. and its allies are aggressively escalating financial sanctions. The effects on the Russian economy could be devastating, and the global…

Bitcoin tumbles 5% after weekend battering

Traders said the weekend fall was connected to a broad moveaway from riskier assets in traditional markets over worries about the Omicron variant of the coronavirus. Bitcoin tumbled almost 5% on Monday as the start of the week offered…

Late surge for ASX after tech battering

Volatility continued on the directionless ASX, with tech stocks copping a hiding but gold stocks and supermarkets rallied.The Australian sharemarket tread water in yet another choppy and directionless trading session, with tech stocks…