Briefing 28-06-2022

Stocks higher after single-day break

Stocks finished modestly higher Monday as some investors went for late hour bargain hunting while most investors remained shaky amid lack of clear direction. Page 9

G-7 to slap new sanctions on Russia

Leading economic powers underscored their commitment to Ukraine for the long haul with plans to pursue a price cap on Russian oil, raise tariffs on Russian goods and impose other new sanctions. Page 17

Oil prices edge higher

Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven (G7) nations in Germany. Page 19

Realistic monetary policy in focus

The central bank should continue its traditional monetary policy as a market imperative with more innovation and invest in the real economy to supply more goods and service to arrest inflation. Page 20