๐ฐ The Russian ruble shows no signs of depreciating, primarily due to an excess supply of export revenue in the domestic market and low internal demand for currency. However, this situation poses risks for the budget, as it partially offsets the benefits of high oil prices โ ะช.
๐ The "Polar Lithium" project by Rosatom and Norilsk Nickel is seeking government support due to a decline in forecasted lithium demand in Russia. The Ministry of Industry and Trade has reduced its target for lithium from 100,000 tons to just 10,000 tons by 2030, a significant drop that raises concerns for the project's viability. For more details, visit RBC.
๐ฅ๐ฐ๐ท Nvidia's report boosts South Korean tech stocks. Samsung surged by 8%, while SK Hynix saw an impressive rise of 11%. The KOSPI index also gained 8%, reflecting the positive impact of Nvidia's performance on the regional tech market.
๐บ๐ธ๐น๐ผ AMD is investing $10 billion in the development of AI infrastructure in Taiwan, expanding its partnership with TSMC.
๐จ๐ฎ๐ณ India's economic indicators for May show a slight decline in manufacturing. The Manufacturing PMI is recorded at 54.3, down from 54.7. Meanwhile, the Services PMI rose to 58.9, slightly up from 58.8. The Composite PMI stands at 58.1, a decrease from 58.2. These figures reflect ongoing trends in the country's economic landscape.
๐ "Softline" Announces Growth in Key Financial Indicators for Q1 2026
The company's revenue rose to 25.1 billion rubles, marking a 5% year-on-year increase. Additionally, gross profit surged by 12% compared to the previous year.
The company's revenue rose to 25.1 billion rubles, marking a 5% year-on-year increase. Additionally, gross profit surged by 12% compared to the previous year.
โ ๏ธ๐ช๐บ Rehn from the European Central Bank (ECB) indicated that an increase in ECB rates may be necessary due to the risk of rising inflation.
โ ๏ธ๐ฏ๐ต Koeda from the Bank of Japan has warned that the risk of rising inflation has significantly increased, with inflationary expectations growing rapidly.
๐ The CME has announced that the signing of the Clarity Act will further strengthen the position of BTC as an integral part of the U.S. financial infrastructure. This move is expected to enhance regulatory clarity and support for cryptocurrency in the American market.
๐ฎ๐ณ๐จ๐ณ๐ท๐บ Since 2022, the number of companies in Russia with founders from India has tripled, exceeding 1,000. However, despite trade between Russia and India ranking second after trade with China, these companies represent only 1.6% of all foreign-owned firms. In contrast, companies with Chinese participation account for 22% of the total. For more details, visit Vedomosti.
โ ๏ธ๐ท๐บ In Russia, the dividend season has begun and will continue until July. This period marks the primary dividend payouts from Russian companies. Analysts predict it will be the lowest volume of dividends since 2023, attributed to economic stagnation, high interest rates, and declining corporate profits, according to Forbes.
โ ๏ธ๐ท๐บ The company "T-TECHNOLOGIES" has announced dividends for the first quarter of 2026, set at 4.6 RUB per share. The General Meeting of Shareholders (GOSHA) will take place on July 30, with the cutoff date for dividends on August 10.