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  • DIARY- Emerging Markets Economic Events to May 7 Friday, 24 Apr 2015 | 8:02 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • Russia, France close to deal on Mistrals - source Friday, 24 Apr 2015 | 10:13 AM ET

    YEREVAN, April 24- Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian source close to talks indicated on Friday. France suspended the delivery of the warships last year after the European Union decided to impose sanctions on Russia over the...

  • MOSCOW, April 24- Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, plans to more than double oil output this year at the Prirazlomnoye field, Russia's sole Arctic offshore oil project, the company said on Friday. Development of Russia's offshore Arctic riches has been hampered by Western sanctions over Moscow's role in the Ukrainian...

  • WARSAW, Poland— The Polish government has demanded that toy producer Mattel recalls a party game and corrects a card that refers to "Nazi Poland," officials said Friday. Poles find such language offensive because Poland was never allied with Germany and was in fact subjected to a brutal occupation by Nazi Germany throughout World War II. In recent days Polish...

  • That measure was prompted by the ongoing war against Russian-backed separatists in the east, where Ukraine's most productive coal mines are located. The concern among supporters of Ukraine's coal industry is that cheaper foreign fuel could undermine the viability of domestic production. Akhmetov's DTEK holding company controls the bulk of Ukraine's...

  • BUCHAREST, Romania— Prosecutors detained 14 people Friday who are suspected of belonging to a network of well-dressed robbers who were trained to rob luxury items in Romania and the European Union. They wore designer suits for the heists, and allegedly committed 10 million euros of theft since 2013 in Romania, Germany, Austria, Spain, France, Andorra, Croatia and...

  • *Offer starts on April 24 and expires on May 22. MOSCOW, April 24- Russia's Uralkali, the world's largest potash producer, will buy back up to $1.5 billion of its shares until May 22, it said on Friday, after its board changed policy and proposed no dividend payment for 2014.. "Taking into account Uralkali's current cash reserves, its expected future cash requirements,...

  • MOSCOW, April 24- Russian Finance Minister Anton Siluanov said on Friday that the rouble had strengthened even more than needed, Interfax reported. "The rouble was first stable and now has started to strengthen. It has strengthened, we think, excessively, too much, "Siluanov said at a lecture in St Petersburg.

  • UPDATE 2-Russia deepens energy cooperation with Argentina Thursday, 23 Apr 2015 | 10:56 AM ET

    MOSCOW, April 23- Russia and Argentina signed documents deepening energy cooperation on Thursday, underlining Moscow's drive to develop ties with South America since coming under Western sanctions over the Ukraine crisis. Russian state-owned gas producer Gazprom signed a memorandum on cooperation with Argentinian state oil company YPF, while Russia's...

  • Ukraine coal workers hold pickets in capital Thursday, 23 Apr 2015 | 10:30 AM ET

    KIEV, Ukraine— Hundreds of coal workers are marching through Ukraine's capital in a call for authorities to stop buying fuel from abroad and to guarantee a moratorium on mine closures. War against Russian-backed separatists in the east, where Ukraine's most productive coal mines are located, forced the government over the winter to seek supplies from...

  • MOSCOW, April 23- Russia and Argentina signed several cooperation documents in the energy sector on Thursday, underlining Moscow's drive to deepen ties with countries in South America since coming under Western sanctions over the Ukraine crisis. Russian state-owned gas producer Gazprom signed a memorandum on cooperation with state oil company YPF, while...

  • MOSCOW, April 23- President Vladimir Putin said on Thursday Russian gas producer Gazprom was looking into the possibility of jointly developing hydrocarbon deposits in Argentina.

  • MOSCOW, April 23- Russian home electronics retailer M.video aims to achieve flat sales in the first three quarters of 2015 compared with a year ago, outperforming a declining market hit by falling consumption, its chief executive said. Russia's economy is sliding into recession, dragged down by Western sanctions imposed on Moscow over its policy in Ukraine and...

  • MOSCOW, April 23- Western companies are sticking with Russia, waiting for an economic rebound that they expect will once again bring rich rewards although some have cut operations to weather the slump. Russia is expecting a steep recession this year, caused by low international oil prices and Western sanctions over the Ukraine conflict even though...

  • Chinese bourses hit fresh 15- year highs and the MSCI emerging equities index was up 0.2 percent to within a whisker of seven-month highs reached on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan was at seven-year highs on signs China is entering a prolonged cycle of pro-growth monetary easing. It's hard to see how aggressive they will be,...

  • MOSCOW, April 23- Russian railcar manufacturer United Wagon Company has set a price range of 650- 750 roubles per share and increased its offering in Russia's first initial public offering in more than a year. United Wagon Company may get a market valuation of between 65 billion and 75 billion roubles, a source close to the placement told Reuters.

  • MOSCOW, April 23- Russian railcar manufacturer United Wagon Company plans to set a price range for its initial public offering in Moscow at 650- 750 roubles per share, a source close to the placement said on Thursday.

  • DIARY- Emerging Markets Economic Events to May 5 Wednesday, 22 Apr 2015 | 8:02 PM ET

    CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting. MOSCOW- Central Bank of Russia announces interest rate decision- 1000 GMT.

  • After workers asked Putin for help, corruption uncovered Wednesday, 22 Apr 2015 | 11:43 AM ET

    MOSCOW— Russian investigators opened a new corruption case Wednesday against subcontractors building a space center where workers have gone unpaid for months and have appealed directly to President Vladimir Putin for help. The Vostochny Cosmodrome, under construction in a remote area in the Far East, is a priority project that will give Russia its own...

  • *Gazprom calls charges "unfounded", seeks political agreement. BRUSSELS, April 22- The European Union launched a legal attack on Gazprom on Wednesday, stoking tension with Moscow as it accused the Russian gas giant of overcharging buyers in Eastern Europe and hindering competition. The EU's new antitrust chief, Margrethe Vestager, who a week ago announced a...