The prospect of a Russian debt default has once again been brought to the fore with the U.S. Treasury blocking dollar-denominated debt payments from Moscow via U.S. banks. The move on Monday evening ...

Russia successfully made at least some of the payments on its sovereign bonds in dollars, according to reports from Reuters, appearing to avoid a historic debt default. Stream NBC 5 for free, 24/7, ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LONDON (AP) — Russia has defaulted on its ...

NEW YORK (MarketWatch) -- Siberian Services Co., a Russian oil drilling company, has defaulted on $100 million in foreign debt, according to media reports on Tuesday. Siberian Services Co. confirmed ...

The Kremlin pushed back on claims that Russia defaulted on its foreign-currency debts on Monday, placing the country at odds with creditors. "Claims that Russia is in debt default are wrong. A foreign ...

Russia’s options to avoid default are running out after the US Treasury told US banks that funds in accounts held by Russian entities that are subject to sanctions should not be used to make debt ...

The Treasury Department will not allow any Russian government debt payments from accounts at U.S. financial institutions to be made in U.S. dollars, an agency official says. That restricts one of the ...

JP Morgan and Goldman Sachs have reaped significant profits trading Russian debt and derivatives this year amid a dramatic reshuffling in investor exposure to the country following Moscow’s invasion ...

People say you never forget your first major experience. The first financial crisis I encountered in my professional life was the 1998 Russian debt default, which subsequently led to the bailout of ...

MOSCOW (Reuters) -After recording record profits thanks to robust demand for loans even at sky-high interest rates, Russian banks are now hoping a cycle of rate cuts will nip concerns about rising ...