Section: Channel NewsAsia (Singapore)
EU envoys agree extension of Russia sanctions until mid-2016
European Union envoys agreed on Friday a six-month rollover of the bloc’s economic sanctions on Russia, diplomats said, extending the measures on energy, banking and defence sectors until the end of July 2016. …read more Source: Channel...
Russia says unsurprised by Ukraine’s refusal to pay debts, will win court case
Russian Deputy Finance Minister Sergei Storchak said on Friday that Ukraine’s decision to impose a moratorium on the payment of a US$3 billion Eurobond held by Russia was not a surprise and that Moscow would win any future legal case on the matter. …read more Source: Channel...
Ukraine still committed to good faith debt talks with Russia – Finance Ministry
The Ukrainian Finance Ministry said on Friday it was still committed to negotiating a good faith restructuring agreement with Russia on a US$3 billion Eurobond, as the government imposed a moratorium on its repayment next week. …read more Source: Channel...
Ukraine imposes moratorium on repaying US$3 billion Russian bond – PM
Ukrainian Prime Minister Arseny Yatseniuk said on Friday Ukraine had imposed a moratorium on the payment of a US$3 billion Eurobond held entirely by Russia that matures on Dec. 20 and on US$507 million of Ukrainian commercial debt held by Russian banks. …read more Source: Channel...
IMF says Ukraine loan programme under threat
The International Monetary Fund (IMF) said on Friday it was concerned by signs Ukraine’s parliament might reject a proposed tax code and budget for 2016, warning that this could further disrupt its US$17.5 billion (£11.7 billion) bailout programme. …read more Source: Channel...
IMF says concerned by Ukrainian parliament’s rejection of budget
The International Monetary Fund said on Friday it was concerned by a debate in the Ukrainian parliament that effectively amounted to a rejection of the government’s proposal for a new tax code and budget for 2016. …read more Source: Channel...
Russia did have people in Ukraine doing ‘certain military tasks’: Putin
Russian President Vladimir Putin said on Thursday that Russia did have personnel in eastern Ukraine who were carrying out certain military tasks but denied Moscow had deployed regular troops there. …read more Source: Channel...
Ukraine ‘ready to pay price’ for EU trade after Russian move
Ukrainian President Petro Poroshenko said on Wednesday that he regretted Russia ending preferential trade with Ukraine on Wednesday in retaliation for Kiev’s free-trade pact with the EU but said he was “ready to pay the price” and that the accord with the Western bloc would be fully implemented on Jan. 1. …read more...
Russia’s Putin orders suspension of free trade zone with Ukraine
President Vladimir Putin on Wednesday ordered officials to suspend Russia’s free trade zone with Ukraine from Jan. 1 of next year, the Kremlin said. …read more Source: Channel...
Ukraine says Russia looted two Crimean oil rigs
Ukraine accused Russia on Wednesday of looting two of its oil rigs after Crimea-based oil and gas firm Chornomornaftogaz moved the equipment off the coast of the annexed peninsula into Russian waters. …read more Source: Channel...
