Russia is conducting its first placement of sovereign bonds in yuan on the domestic market. The coupon will amount to 6.25–6.5% for the short-term issue and up to 7.5% for the longer one. The placement is related to restrictions on dollar financing and the growth of trade with China.
A large fire occurred at the Cheryomushkinsky bread factory, one of Moscow’s key producers. The incident affected an enterprise that holds a significant share of the capital’s market and ranks among the largest in the country.
Most players are awaiting a peace agreement. The Russian government sets new conditions for business re-entry.
Gold prices remain on an upward trajectory for the eighth consecutive week, despite a slight pullback on Friday. The safe-haven demand is fueled by Trump’s tariff threats and economic uncertainty, keeping investors focused on the possibility of reaching the psychological $3,000 level.
A massive fire has engulfed the Kantamanto Market in Accra, Ghana, one of the largest markets in West Africa. The blaze left thousands of traders without livelihoods, as shops and goods were destroyed.
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