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Economic News August 3, 2025 — Fed Rate Cut, Apple and Meta Reports, Gold Price Increase
... target of ~5% in 2025.
Elsewhere in Asia, positivity prevails. The Japanese Nikkei 225 is holding near multi-year highs – a weak yen and strong corporate reports support exporters; the Bank of Japan maintains its ultra-easy policy, and the yen has stabilized around ¥145 per $1. India also stands out: its stock indices are hitting records, and the economy is expected to grow by more than 6% this year, remaining one of the most dynamic globally. Nevertheless, the factors of China's slowdown and ...
Financial results of TBank and Rosbank for 10 months of 2024, and what this means for investors
... for 10 months of 2024 demonstrate stable growth: TBank's net profit under RAS increased to 50 billion rubles, and Rosbank's to 46 billion rubles. These indicators reflect the successful development of both banks this year and indicate their financial stability and management efficiency. Find out more about the key indicators and prospects for investors in our article.
For the first 10 months of 2024, TBank increased its net profit under Russian accounting standards (RAS) to RUB 50 billion, and Rosbank ...
An expert expects the current price level of AI-95 gasoline to remain unchanged until the end of the year.
... travel. Diesel fuel prices, in contrast, tended to rise sharply during the harvest season.
However, this year, the key market influence has been reduced gasoline production caused by damage to refinery infrastructure, according to the expert. "To stabilize the fuel market, it is necessary to increase the production of petroleum products. However, this is not entirely within the power of oil companies or regulators," the expert concluded.
Since March 1, Russia has had a ban on exporting ...
Where Are Rosseti's Investments Going?
... Directions:
Modernization of Network Infrastructure and Development of Distribution Networks:
In 2023, Rosseti allocated significant resources for upgrading electricity distribution networks and installing modern substations, enhancing energy supply stability and reducing emergency outages. These efforts are focused on developing large energy systems, including the Western and Eastern Siberian regions, facilitating improved energy security in these strategically important areas.
Digitalization and ...
Where does the Ural Mining and Metallurgical Company (UMMC) invest?
... with professional educational institutions, providing opportunities for internships and employment of graduates.
The company also supports advanced training and training programs for its employees, which contributes to the growth of professionalism and stability in the regions.
Development of social infrastructure:
UMMC invests in the construction and modernization of social facilities in the cities where its enterprises operate:
Construction of schools, kindergartens and medical institutions.
Development ...