Section: The Business Times (Singapore)
US signs US$1b loan guarantee for Ukraine
[WASHINGTON] The United States signed Monday its second US$1 billion loan guarantee deal for Ukraine aimed at helping the crisis-wracked country surmount a Russia-backed insurgency and rebuild its tattered economy. …read more Source: The Business...
Billionaire no more: Ukraine president's fortune fades with war
AT the November 2013 World Economic Forum in Kiev’s Intercontinental Hotel, billionaire Petro Poroshenko predicted a European Union (EU) trade pact would kick-start Ukraine’s economy and enrich his Roshen Confectionery Corp by dramatically increasing EU-bound chocolate exports. …read more Source: The Business...
China, Russia and eastern Europe boost defence spending: study
[STOCKHOLM] Military spending increased sharply in 2014 in China and Russia and the Ukraine conflict prompted eastern European countries to boost their defence programmes, according to a study by the Stockholm International Peace Research Institute (SIPRI) released Monday. …read more Source: The Business...
Ukraine at financial breaking point
[PARIS] Bruised and battered after a year of armed conflict, Ukraine has been crippled by a combination of monetary, budgetary, industrial, banking and energy crises that could make it dependent on outside help for decades. …read more Source: The Business...
Moody's cuts Ukraine rating to just above default
[WASHINGTON] Ratings firm Moody’s cut Ukraine’s sovereign debt rating to one notch above default on Tuesday, saying creditors will be forced to take deep losses in a debt restructuring. …read more Source: The Business...
No signs Russia might leave WTO, director general says
[RIGA] Russia shows no signs of wanting to leave the World Trade Organization, WTO chief Roberto Azevedo said on Tuesday, despite tensions with the West over the Ukraine crisis and disputes with other member states. …read more Source: The Business...
EU agrees Russia sanctions to stay until Ukraine peace terms met
[BRUSSELS] European Union leaders agreed on Thursday that economic sanctions imposed on Russia will stay in place until a Ukraine peace deal is fully implemented, effectively extending them to the end of the year if need be. …read more Source: The Business...
EU agrees Russia sanctions to stay until Ukraine peace terms met
[BRUSSELS] European Union leaders agreed on Thursday that economic sanctions imposed on Russia will stay in place until a Ukraine peace deal is fully implemented, effectively extending them to the end of the year if need be. …read more Source: The Business...
German investor morale at brightest in just over a year in March
[MANNHEIM] The mood among German analysts and investors improved in March for a fifth consecutive month, hitting its highest level since February 2014 but ZEW warned a lack of progress in the Greek and Ukraine crises was having a dampening effect on sentiment. …read more Source: The Business...
IMF approves US$17.5b lifeline for Ukraine
[WASHINGTON] The International Monetary Fund approved Wednesday a US$17.5 billion aid plan for crisis-wracked Ukraine, whose economy is reeling from a pro-Russia insurgency in its industrial heartland. …read more Source: The Business...
