Markets, euro climb as Russia turns on gas taps

By Agence France-Presse

Jul 22, 2022 12:06 am

HONG KONG: Asian and European equities mostly rose with the euro on Thursday after Russia resumed gas supplies to Europe, while traders await a crucial European Central Bank (ECB) policy meeting.

After an uneasy start in Asia, most of the region pushed into the positive territory following news that the Nord Stream 1 pipeline's taps in Germany had been switched back on after 10 days of maintenance.

SUPPLY AT SUNRISE The sun rises behind the landfall facility of the Nord Stream 1 Baltic Sea pipeline and the transfer station of the OPAL gas pipeline, the Baltic Sea Pipeline Link, in Lubmin, Germany on Thursday, July 21, 2022. AP PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

China to raise deficit, boost spending next year

Toyota to build Lexus EV plant in China

Japan watchdog accuses Google of antitrust violation

Bluesky finds with growth comes growing pains — and bots

Starbucks workers expand strike across US

Stellantis backtracks lay off plan at US Jeep plant

Panel favors US in GMO corn trade row