Section: The Business Times (Singapore)
Ukraine, Russia, Germany, France urge truce compliance, condemn breaches
[KIEV] The leaders of Ukraine, Russia, Germany and France on Thursday jointly urged a tattered truce in east Ukraine be restored and condemned breaches in recent days, according to official accounts of a four-way telephone call. …read more Source: The Business...
War takes its toll as Ukraine GDP plunges 15.2% in Q4
UKRAINE’S worst recession since 2009 intensified last quarter, highlighting the nation’s challenge after sealing a US$17.5 billion bailout and agreeing on a truce in the war that’s devastated its industrial base. …read more Source: The Business...
'Baltic Wall' looms large as banker frets about Latvian image
RISING tensions over Ukraine and the prospect of more sanctions against Russia are threatening to erect a “Baltic Wall” that would harm Latvia’s ties with some financial centres, according to the Baltic International Bank. …read more Source: The Business...
Ukraine GDP plunges most in five years as recession intensifies
[KIEV] Ukraine’s worst recession since 2009 intensified last quarter, highlighting the nation’s challenge after sealing an expanded US$17.5 billion bailout and agreeing on a truce in the war that’s devastated its industrial base. …read more Source: The Business...
Russian singer, deputy ministers top new EU sanctions list
[BRUSSELS] A veteran Russian singer who voiced support for Russia’s annexation of Crimea has been subjected to EU sanctions in a new blacklist published by the European Union on Monday. …read more Source: The Business...
Hackers steal US$300m from 100 banks
IN late 2013, an automated teller machine (ATM) in Kiev started dispensing cash at seemingly random times of day. No one had put in a card, or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment. …read more Source: The Business...
US welcomes IMF deal on aid to Ukraine
[WASHINGTON] The United States welcomed Thursday the International Monetary Fund’s announcement of a new US$17.5 billion bailout deal for Ukraine, urging the crisis-torn country to undertake the reforms required by the program. …read more Source: The Business...
EU ready for 'necessary steps' if Ukraine pact breached: Tusk
[BRUSSELS] The EU warned Russia on Thursday it was ready to take further measures in addition to the sanctions it has already imposed if a new Ukraine peace pact is breached, the bloc’s president Donald Tusk said. …read more Source: The Business...
Ceasefire for eastern Ukraine agreed after Minsk summit
THE leaders of Germany, France, Russia and Ukraine have agreed on a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday. …read more Source: The Business...
IMF chief unveils 4-year US$40b aid programme for Ukraine
UKRAINE is set to receive about US$40 billion in funding over the next four years, nearly half of which will come from the International Monetary Fund, its chief Christine Lagarde said in Brussels. …read more Source: The Business...
