CNBC contributor Larry McDonald, and Dennis Gartman, The Gartman Letter, discuss how broader economic sanctions will impact the Russian economy and citizens, and if now is the time to buy Russia.» Read More
MOSCOW, March 17- Russia's top natural gas producer Gazprom is considering making changes to contracts to keep its European customers on board if the West imposes sanctions on Russia over Ukraine, the Vedomosti newspaper said on Monday.
*ShFE copper premiums slip by $5 to $120- $140- Shmet. SYDNEY, March 17- London copper fell on Monday, hovering close to last week's three-year lows on concerns about Chinese growth and the potential for further defaults that encouraged fresh bets that prices will fall.
Ukrainian foreign minister Andrii Deshchytsa, says Ukraine and its allies can convince Russia to stop short of military conflict.
U.S. senator John McCain dubs the Crimea referendum a "sick joke" and says the international community is eying "tough sanctions" against Russia.
CNBC's Steve Sedgwick reports on the referendum in Crimea in which the region voted overwhelmingly to join Russia.
TOKYO, March 17- Asian shares hovered around one-month lows on Monday as Western countries issued fresh warnings of more sanctions on Moscow after Crimea voted overwhelmingly to break from Ukraine to join Russia, as expected. The MSCI's broadest index of Asia-Pacific shares outside Japan was flat, staying near Friday's one-month low.
Marko Pavlyshyn, Director at Mykola Zerov Centre for Ukrainian Studies at Monash University, says Sunday's referendum in Crimea is the prelude to further destabilization in Ukraine.
TOKYO, March 17- The yen lost some ground against the dollar and euro but remained near the tops of its recent ranges on Monday as Western countries warned of sanctions on Russia after Crimea voted to separate from Ukraine.
Roger Groebli, CEO of Reyl Overseas, discusses recent volatility in global financial markets and ongoing instability in Ukraine.
*Gold rises to highest since September. SINGAPORE, March 17- Gold was trading near its highest level in over six months on Monday on weaker equities and as Crimea voted to join Russia, heightening tensions between Moscow and the West.
Kenneth Polcari, Director at O'Neil Securities, explains why he thinks that calls for sanctions against Russia may not materialize.
Vasu Menon, Vice President, Wealth Management Singapore at OCBC Bank, explains why he thinks sanctions against Russia could take a diplomatic nature instead of punitive economic measures.
TOKYO, March 17- Japan's Nikkei share average hovered near a one-month low on Monday morning as escalating tensions in Ukraine dampened risk-appetite, though SoftBank Corp soared after its affiliate said it would go public in the United States.
Myron Brilliant, Executive VP & Head of International Affairs at the U.S. Chamber of Commerce, explains how increased U.S. LNG exports could impact Russia's standoff with Ukraine.
SYDNEY, March 17- London copper was steady on Monday, hovering close to last week's three-year lows in light trade as concerns about Chinese growth capped gains and eroded buying interest.
Angela Stent, author of 'The Limits of Partnership: US-Russian Relations in the Twenty-First Century,' warns that attention will fall on Vladimir Putin as to whether Crimea will join Russia officially.
SINGAPORE, March 17- Gold rose for a fifth session on Monday in its longest winning streak in two months to hit a fresh six-month high as Crimea voted to join Russia, heightening geopolitical tensions between Moscow and the West.
TOKYO, March 17- The yen began the week at the top of its recent range on Monday as global markets were on egde after Crimean citizens voted to be annexed by Russia, prompting risk-wary investors to seek traditional safe-haven bets.
TOKYO, March 17- U.S. crude oil rose further on Monday, gaining for a third session in a row, as rising geopolitical tensions between the West and Russia over a referendum in Crimea supported the benchmark contract in early trade.
NBC's Richard Engel reports from the Crimean capital following the results of Crimea's referendum over the weekend.