Russia using bitcoin in foreign trade, says finance minister
MOSCOW, Dec 25 (Reuters): Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.Sanctions have complicated Russia's trade with its major partners such as China or Turkey,...
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Asian buyers look for Russian aluminium in LME system
LONDON, Dec 25 (Reuters): Asian firms plan to take aluminium produced in Russia from London Metal Exchange (LME) approved warehouses as the queues for Indian metal are long, two sources with knowledge of the matter said.LME data shows overall cancelled aluminium warrants or metal earmarked for delivering out at 364,600...
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Nippon Steel gains steelmaking regions' support for US Steel takeover plan, executive says
TOKYO, Dec 25 (Reuters): Japan's Nippon Steel is seeing support for its proposal to acquire US Steel in the regions of the United States where steel mills are located, Nippon Steel's President Tadashi Imai told reporters on Wednesday.On Monday, a US foreign investment committee referred the decision whether to approve...
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Thai exports rise 8.2pc in November
BANGKOK, Dec 25 (Reuters): Thailand's customs-cleared exports rose 8.2 per cent in November from a year earlier, the commerce ministry said on Wednesday, roughly in line with analysts' expectations.The reading compared with a forecast 8.4 per cent increase in a Reuters poll, slowing from October's 14.6 per cent rise.Exports, a...
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