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EU hits Russia with economic sanctions

EU hits Russia with economic sanctions

Last Updated: Tuesday, July 29, 2014, 22:23

After months of hesitation, the EU finally agreed Tuesday to impose economic sanctions against Russia, hoping to make it change course in Ukraine as fighting intensified around cities held by pro-Moscow rebels.

Russia hit by $50 bn Yukos ruling amid sanctions squeeze

Last Updated: Tuesday, July 29, 2014, 14:36

An international court ordered Russia on Monday to pay Yukos shareholders a record $50 billion compensation over its seizure of the defunct oil giant, a new blow for Moscow on top of sanctions over the Ukraine crisis.

Indian Embassy asks students to postpone travel to Ukraine

Last Updated: Wednesday, July 23, 2014, 23:04

In view of prevailing unrest in eastern Ukraine, the Indian Embassy in Kyiv on Wednesday advised Indian students planning to return for their new academic year in institutions in the areas in that country, to postpone their travel.

Ukraine crisis: EU to impose new sanctions

Last Updated: Wednesday, July 23, 2014, 11:14

The European Union (EU) has decided to impose new sanctions on people and entities over the on-going crisis in Ukraine.

Asia stocks edge up as risk aversion wanes, euro languishes

Last Updated: Wednesday, July 23, 2014, 09:09

The weaker euro dovetailed nicely with expectations for the European Central Bank to ease policy further with a gradual widening of interest rate differentials favouring the U.S. over Europe seen unfolding.

European stocks rebounds as Ukraine rebels hand over black boxes

Last Updated: Tuesday, July 22, 2014, 15:00

In Asian trading, MSCI`s broadest index of Asia-Pacific shares outside Japan rose about 0.7 percent to be at its highest since 2011.

Lithuania slams French warship deal with Russia during Ukraine crisis

Last Updated: Tuesday, July 22, 2014, 13:44

Lithuania`s President Dalia Grybauskaite said Tuesday the European Union was compromising its values to protect trade ties with Russia, pointing to a French warship agreement with Moscow.

US stocks end lower as Ukraine, Gaza weigh on markets

Last Updated: Tuesday, July 22, 2014, 09:46

At the closing bell, the Dow Jones Industrial Average dropped 47.07 points (0.28 percent) to 17,053.11.

Rupee opens flat at 60.29 vs US dollar

Last Updated: Monday, July 21, 2014, 09:28

Traders expect the rupee to trade between 60.20-60.45 vs the US dollar.

Oil prices down in Asian trade

Last Updated: Monday, July 21, 2014, 08:50

Tensions in the Middle East are also expected to put keep oil prices high.

Deadly fighting rages on in east Ukraine despite plane crash

Last Updated: Monday, July 21, 2014, 02:36

Pensioner Oleksandr had just stepped out of his house in eastern Ukraine to say hello to a neighbour when a mortar shell landed at his feet.

Russia has not done much to de-escalate Ukrainian conflict

Last Updated: Wednesday, July 16, 2014, 07:45

The US has said Russia has not done much to de-escalate the conflict in Ukraine and is discussing further possible steps with its allies if Moscow did not meet their expectations.