The situation in Ukraine looks ever further from the peaceful, or at least contained, solution Western leaders were hoping for.» Read More
SEOUL, April 10- U.S. crude futures edged down in early Asian trade on Thursday after surging more than $1 in the previous session due to an unexpected spike in gasoline demand and tensions over Ukraine. *U.S. oil fell 23 cents to $103.37 a barrel as of 0001 GMT after settling $1.04 higher at $103.60 per barrel on the previous session.
SYDNEY, April 10- Australian Treasurer Joe Hockey said on Thursday Russia would take part in the G20 Summit in Brisbane later this year, laying to rest questions Russia might be barred from attending over Moscow's annexation of the Ukrainian territory of Crimea. "Of course Russia will be at the table," Hockey told CNBC during an interview in Washington.
Joe Hockey, Treasurer of Australia, says geopolitical tensions in Ukraine will be discussed at the G-20, but warns that focus will remain on the the global economic recovery.
*Russia seeks to reassure West, Ukraine over troops. NEW YORK, April 9- U.S. crude rose by $1 on Wednesday as a rally that started with high gasoline demand was boosted by technical trading, while Brent crude rose modestly due to the tense relations between Russia and the West.
The annexation of Crimea carries hidden costs that could hurt an already struggling Russian economy.
*Russia seeks to reassure West, Ukraine over troops. NEW YORK, April 9- Brent crude rose on Wednesday as rising tensions between Russia and Ukraine made investors skittish again, while U.S. crude rose on much higher than expected gasoline demand.
*Oligarch Akhmetov mediating with pro- Russia activists. *Coal and steel boss is major player in east Ukraine. KIEV, April 9- Ukraine's richest man has seized on the stand-off between the Kiev authorities and pro- Russia separatists to help forge new political alliances following the overthrow of his former ally, President Viktor Yanukovich.
As Vladimir Putin celebrates incremental victories in Ukraine, CNBC's Dina Gusovsky and Ted Kemp talk about how Russia's foray into the country could further damage Russia's already weak economy.
NICOSIA, April 9- Cyprus expects to return to international markets late next year but cannot rule out testing the waters earlier to gauge the appetite for Cypriot debt, the president of the bailed-out Mediterranean nation said on Wednesday.
Geoffrey Pyatt, U.S. ambassador to Ukraine, says the attacks on government buildings in eastern Ukraine were orchestrated and funded from outside the country.
All five of the emerging market BRICS countries face increased political risk in 2014, according to a new report.
NOVO-OGARYOVO, Russia, April 9- Russian President Vladimir Putin told state-controlled natural gas producer Gazprom on Wednesday to hold off on making Ukraine pay up front for gas from Russia.
NOVO-OGARYOVO, Russia, April 9- Russian President Vladimir Putin told state-controlled natural gas producer Gazprom on Wednesday to hold off on demanding Ukraine pay up front for natural gas supplies from Russia.
MOSCOW, April 9- Russia said on Wednesday it was close to signing a deal to sell natural gas to China, a long-sought agreement which President Vladimir Putin could hold up to show Western sanctions over Crimea cannot isolate his country.
Treasury Secretary Jack Lew explains why he thinks it's important for the Highway Bill to pass Congress.
Treasury Secretary Jack Lew shares his thoughts on how Europe can assist its economic recovery. Investing in infrastructure stimulates demand, says Lew.
In a wide-ranging interview, CNBC's Steve Liesman talks with Treasury Secretary Jack Lew about how the U.S. is sparking economic growth.
MOSCOW, April 9- Russia's biggest gold miner Polyus Gold is considering delisting from London, Kommersant newspaper said on Wednesday, which would make it the first Russian company to heed a call by officials to bring assets home to survive Western sanctions.
LONDON, April 9- European shares rebounded on Wednesday, led by automakers, although caution ahead of the European earnings season could keep gains under check. Volkswagen rose 2.8 percent and Porsche 3.9 percent after Bernstein raised its ratings for the shares, traders said. It also said Volkswagen had extensive exposure to a European market recovery.
MOSCOW, April 9- The Russian unit of German retailer Metro now has four banks working on its delayed initial public offering, with Morgan Stanley and Citibank working alongside Goldman Sachs and Sberbank, three financial sources said. Citibank and Goldman Sachs declined to comment.