Section: Philippines
US stocks rise despite sanctions, deal disappointments
NEW YORK–US stocks Wednesday edged higher despite new Russian sanctions against the West and amid disappointing news that major potential media and telecom mergers fizzled. The Dow Jones Industrial Average gained 13.87 points (0.08 percent) to 16,443.34. The broad-based S&P 500 was essentially flat, rising 0.03 of a point to 1,920.24,...
Asian markets down as Ukraine conflict fears escalate
HONG KONG–Asian stocks dropped Wednesday, following a sharp fall on Wall Street over fears of a market correction and concerns the conflict in Ukraine could escalate. Analysts cited comments by Polish Foreign Minister Radoslaw Sikorski, who said Russia had increased its military presence on the Ukraine border, suggesting the situation could...
UN: Humanitarian situation in Ukraine worsening
UNITED NATIONS — A senior U.N. official warned the Security Council at an emergency meeting Tuesday that the humanitarian situation in eastern Ukraine is steadily worsening as power and water supplies are scarce, homes are destroyed and health workers flee. JohnGing, director of U.N. humanitarian operations, said that violence, especially...
US stocks fall on correction fears, Ukraine
NEW YORK–US stocks fell sharply Tuesday in a sell-off analysts attributed to anxiety about a Wall Street correction and worries that the conflict in Ukraine could worsen. The Dow Jones Industrial Average dropped 139.81 points (0.84 percent) to 16,429.47. The broad-based S&P 500 fell 18.78 (0.97 percent) to 1,920.21, while the tech-rich...
World leaders commemorate centenary of World War I outbreak
LIEGE, Belgium–World leaders on Monday commemorated the 100th anniversary of the outbreak of World War I by warning of lessons to be learned in the face of today’s many crises, including Ukraine. “Peace has to be a shared goal,” Belgium’s King Philippe told leaders gathered in his country’s eastern city of...
More remains recovered from MH17 crash site
THE HAGUE—International experts have recovered more human remains from the flight MH17 crash site in war-torn Ukraine after resuming work on Friday, the Dutch government said. “The 70 Dutch and Australian experts have finished their work at the MH17 crash site for today,” the justice ministry said in a statement. “All...
More remains recovered from MH17 crash site
THE HAGUE—International experts have recovered more human remains from the flight MH17 crash site in war-torn Ukraine after resuming work on Friday, the Dutch government said. “The 70 Dutch and Australian experts have finished their work at the MH17 crash site for today,” the justice ministry said in a statement. “All...
Asian stocks rise, euro hit by Russia fears
HONG KONG–Asia’s markets mostly rose Wednesday, extending a recent rally, with a weaker yen boosting Tokyo while investors await the release this week of key US data and the Federal Reserve’s policy meeting. The US and Europe’s imposition of fresh sanctions on Russia left Wall Street in negative territory, while the euro...
US, Europe slap Russia with toughest sanctions yet
WASHINGTON–The United States and Europe targeted Russia’s key financial, arms and energy sectors Tuesday with tough new sanctions in response to Moscow’s intervention in the Ukraine crisis. Announcing the measures, US President Barack Obama denied that the West had begun a new Cold War against its former Soviet foe, but urged...
Canada says more Russia sanctions coming
OTTAWA–Canada’s prime minister on Tuesday announced more sanctions against Russia, after the EU and US rolled new measures targeting Russia’s economy for its support for rebels in Ukraine. It will mark the 11th round of sanctions imposed by Canada against Russia since March, targeting until recently mostly individuals and...
