Section: Independent Online (South Africa)
Shelling in Ukraine despite truce
At least 15 people have been killed in east Ukraine in new shelling despite the signing of a peace deal to end the 10-month conflict. ||| Kiev/ Donetsk – At least 15 people have been killed in east Ukraine in new shelling despite the signing of a peace deal to end the 10-month conflict.Pro-Moscow rebels and government officials said on...
HK shares follow global markets higher
Hong Kong shares on Friday took a cue from buoyant global markets in the wake of a ceasefire accord in Ukraine. ||| Hong Kong – Hong Kong shares rose on Friday, taking a cue from buoyant global markets in the wake of a ceasefire accord in Ukraine and Sweden’s surprise move to cut its main rate into negative territory. The rise came...
Asian shares jump on Ukraine news
Asian shares gained on Friday after the news of a Ukraine pact and a rally in Europe. ||| Tokyo – Asian shares gained on Friday on news of a ceasefire accord in Ukraine, while Sweden’s surprise move to cut its main rate into negative territory and hopes of a resolution between debt-strapped Greece and its creditors burnished risk...
‘More EU sanctions if Ukraine deal fails’
The EU may impose further sanctions if a ceasefire deal sealed in Minsk is not fully implemented, German Chancellor Angela Merkel said. ||| Brussels – The European Union may impose further sanctions if a ceasefire deal sealed in Minsk between Ukraine and Russian-backed rebels is not fully implemented, German Chancellor Angela Merkel said...
Wall Street ends sharply higher
A rally in technology stocks pushed the Nasdaq to a 15-year high. ||| New York – US stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15-year high, while a ceasefire agreement between Russia and Ukraine also eased tensions. The day’s gains were broad, with eight of the 10 primary...
Emerging market currencies lose their shine with further weakness seen
Traders are getting that sinking feeling again about developing-nation currencies. ||| Ye XieTRADERS are getting that sinking feeling again about developing-nation currencies. A basket of 20 of the currencies has tumbled 3.3 percent this year to the lowest since Bloomberg began tracking the data in 1999.The losses have left emerging-market...
Metal is ‘in’ with central banks
Central banks purchased enough gold in 2014 to buy 75 Boeing Dreamliners. ||| CENTRAL banks purchased enough gold in 2014 to buy 75 Boeing Dreamliners.Governments added 477.2 metric tons to their reserves, the second-biggest increase in 50 years and 17 percent more than a year earlier, the World Gold Council said in a report yesterday.Based on...
Europe shares lifted by Ukraine peace deal
European stocks hit multi-year highs, boosted by a Ukraine peace agreement and Swedish economic stimulus measures. ||| London/Paris – European stocks hit multi-year highs on Thursday, boosted by a Ukraine peace agreement, Swedish economic stimulus measures and hopes for a Greek debt deal. The leaders of Germany, France, Russia and Ukraine...
Putin: Ukraine deal reached
Overnight discussions in Belarus have secured a ceasefire deal in Ukraine’s war with pro-Russian separatists. ||| Minsk – Marathon talks in Belarus have secured a ceasefire in Ukraine’s war with pro-Russian separatists, leaders said on Thursday after negotiations through the night to halt the spiralling bloodshed. President...
Lagarde: Ukraine will get funding
Ukraine is set to receive about $40-billion in funding over the next four years – nearly half of which will come from the IMF. ||| Brussels – Ukraine is set to receive about $40-billion in funding over the next four years, nearly half of which will come from the International Monetary Fund, IMF chief Christine Lagarde said in Brussels...
