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CNN —Russia on Sunday deemed the G20 Summit in India’s capital New Delhi an “unconditional success,” a day after the meeting’s final declaration stopped short of explicitly condemning its invasion of Ukraine. “At the same time, the G20 has nothing to be proud of in the part about Russia’s aggression against Ukraine. India's Prime Minister Narendra Modi and Russian Foreign Minister Sergei Lavrov shake hands ahead of the G20 summit. Earlier this month, Russian Foreign Minister Lavrov said Russia would block the final declaration of the G20 summit unless it reflects Moscow’s position on Ukraine and other crises. The summit had some high-profile absentees, with both Chinese leader Xi Jinping and Russian President Vladimir Putin staying away.

Persons: ”, Sergei Lavrov, Narendra Modi, Oleg Nikolenko, “, Antony Blinken, Ukraine “, CNN’s Jake Tapper, Ludovic Marin, Lavrov, ‘, ” Lavrov, Xi Jinping, Vladimir Putin Organizations: CNN, Sunday, Russian, ” Diplomats, Indian, Ukraine’s Foreign, Facebook, Meanwhile U.S, India's, Summit, Moscow State Institute of International Relations Locations: Russia, India’s, New Delhi, Ukraine, India, United States, Ukrainian, Meanwhile, Russian, AFP, Brazil, South Africa, Union

☆ Europe stocks open lower as French economy grows 0.5%; Bank of Japan jolts markets with policy shift
▼ + stars: | 2023-07-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The Stoxx 600 index was down 0.36% in early trade, with media and tech stocks shedding some of Thursday's strong gains to fall 1.4% and 1.3%, respectively. Japan's strict yield curve control policy will now allow movements in the range of around plus and minus 0.5% without "rigid limits," the central bank said. The central bank also offered to buy 10-year bonds at 1% every business day through fixed-rate operations, effectively expanding its tolerance by another 50 basis points. The unexpected move rattled Asia-Pacific markets, with Japan's Nikkei 225 falling by over 2%, the yen gaining and the 10-year bond yield rising to its highest level since September 2014. Global markets are also sensitive to monetary policy moves in Japan, due to its longstanding status as the world's biggest creditor nation.

Persons: — CNBC's Clement Tan, Sumathi Bala Organizations: Bank of Japan, Japan's Nikkei, European Central Bank, Dow Jones Locations: Asia, Pacific, Japan

☆ Oil prices rise on hopes for China demand boost
▼ + stars: | 2022-12-28 | by ( ) www.cnbc.com time to read: +1 min

Oil prices climbed on Wednesday as markets were optimistic about fuel demand recovery as China continues to ease its Covid restrictions. Brent futures for February delivery rose 31 cents to $84.64 a barrel, a 0.4% gain, by 0117 GMT. Meanwhile U.S. crude oil stockpiles likely fell 1.6 million barrels with distillate inventories also seen down, a preliminary Reuters poll showed on Monday. Industry group American Petroleum Institute is due to release data on U.S. crude inventories at 4.30 p.m. EDT (2030 GMT) on Wednesday. The Energy Information Administration, the statistical arm of the U.S. Department of Energy, will release its own figures at 10.30 a.m. (1430 GMT) on Thursday.

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/IllustrationSept 22 (Reuters) - Oil prices edged lower in early Asian trade on Thursday after the U.S. Federal Reserve raised interest rates significantly to curb inflation, with fears for the global economy casting a shadow over future fuel demand. Brent crude futures fell 16 cents, or 0.2%, to $89.67 per barrel by 0013 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 15 cents to $82.79 per barrel. The Fed raised its target interest rate on Wednesday by 75 basis points for the third time, to a 3.00-3.25% range, and signalled more large increases to come. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Laura Sanicola; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

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