Russia’s incursion in Ukraine and worsening relations with the West have caught neighboring countries in the cross-fire.» Read More
*Hungary's data protection reform not in line with EU law- ECJ. BRUSSELS, April 8- Hungarian Prime Minister Viktor Orban broke EU law when he fired the head of the country's data protection agency, the European Court of Justice said on Tuesday, in a ruling likely to reignite tensions with Brussels over Hungary's reforms.
MOSCOW, April 8- Russia is getting out its chequebook to bankroll the region of Crimea, newly incorporated into Russia following its rapid annexation last month. But Ukraine is also counting the costs, and has vowed to hit Russia with lawsuits running into hundreds of billions of dollars.
*NATO warns of "grave consequences" if Russia moves into Ukraine. LONDON, April 8- Brent crude rose above $106 a barrel on Tuesday as fresh unrest in eastern Ukraine heightened tension between Russia and the West, but hopes Libya would soon resume oil exports kept prices capped.
*Bank of Japan maintains monetary policy as expected. European shares and bonds both opened cautiously, amid renewed tension in Ukraine and signs the European Central Bank may not be as eager to begin large-scale stimulus as had been hoped.
SINGAPORE, April 8- Brent crude rose above $106 a barrel on Tuesday supported by the threat of civil war breaking out in Ukraine, as NATO urged Russia to pull back "tens of thousands of troops" from the border with its neighbour. Brent crude for May delivery was up 48 cents to $106.30 a barrel at 0818 GMT after settling down 90 cents.
SINGAPORE, April 8- Brent crude climbed above $106 a barrel on Tuesday supported by increased tensions between Russia and the West over Ukraine, while gains were capped by news that Libya was preparing to load crude onto tankers from newly reopened ports.
SINGAPORE, April 8- Gold rose more than 1 percent on Tuesday boosted by technical buying after crossing the $1,300- an-ounce mark, while mounting geopolitical tensions in Ukraine burnished its safe-haven appeal. "Ukraine tensions are supportive and there seems to be some buying from China which returned from a holiday but it is not a big jump in demand."
April 8- MUZAFFARNAGAR, India- India's main opposition party, tipped to form the next government, appears to be returning to its Hindu nationalist roots at the start of a five-week general election, raking up divisive issues and using strong language in an area hit by religious riots.
MOSCOW/ BRUSSELS April 8- The world's financial leaders are likely to discuss possible risks to Europe's economy from the crisis in Ukraine, but there are no plans to mention it in the final document from their Washington meeting, two G20 officials said.
*Gold inches up but struggles to hold above $1,300. *Morgan Stanley lowers 2014 price forecast by 12 pct. SINGAPORE, April 8- Gold ticked higher on Tuesday, hovering around the $1,300- an-ounce level, regaining ground from overnight losses as weaker equities and geopolitical tensions in Ukraine lifted its safe-haven appeal.
*Oil supported by increased tension in Ukraine. SINGAPORE, April 8- Brent crude climbed above $106 a barrel on Tuesday supported by increased tensions between Russia and the West over Ukraine, while gains were capped by news that Libya prepared to load crude onto tankers from newly reopened ports.
*Bank of Japan maintains monetary policy as expected. TOKYO, April 8- Asian stocks shrugged off their early losses and steadied on Tuesday, though Japanese shares slumped as the yen clung to its gains even after the Bank of Japan held policy steady. MSCI's broadest index of Asia-Pacific shares outside Japan added about 0.3 percent.
SEOUL, April 8- U.S. oil futures hovered around $100.80 a barrel on Tuesday in early Asian trade in the wake of renewed tensions over Ukraine, a major supply route for Russian gas to Europe, although the rise was capped by expectations of a U.S. crude oil stock build.
*Bank of Japan likely to hold policy steady. TOKYO, April 8- Asian stocks slumped in early trading on Tuesday as Wall Street gloom cast a shadow over the session, while caution ahead of the Bank of Japan's meeting outcome limited gains of the safe-haven yen.
WASHINGTON, April 7- Two U.S. senators who led a push for more sanctions on Iran during negotiations over its nuclear program called on President Barack Obama on Monday to impose more restrictions if Tehran pursues an energy barter agreement with Russia.
*U.S. crude dips below $100 after stocks extend falls. NEW YORK, April 7- U.S. oil futures dipped below $100 on Monday, falling more than a dollar a barrel after stock markets tumbled, with Brent crude prices losing even more on the prospect of additional supplies from Libya. Brent settled at $105.82, down 90 cents, and WTI at $100.44, down 70 cents.
*U.S. crude dips below $100 after stocks extend falls. NEW YORK, April 7- U.S. oil futures dipped below $100 on Monday, falling more than a dollar a barrel after stock markets tumbled, with Brent crude oil prices losing even more on the prospect of additional supplies from Libya.
*Ukraine says Russia playing out "Crimean scenario" in east. NEW YORK, April 7 (Reuters)- Brent crude oil dropped by $1 on Monday, snapping a two-day rise and taking U.S. crude with it after Libyan rebels occupying four eastern oil ports agreed to end an eight-month blockade, raising the prospect of increased supply to world markets.
At midnight a deadline expires for Ukraine to reduce the $2.2 billion debt it owes Moscow for natural gas deliveries. So far Ukraine has offered no payments, Moscow says, raising the risk of supply disruption, with possible knock-on effects for the European Union.
MOSCOW, April 7- Ukraine has made no payments to Gazprom despite a midnight deadline to reduce its $2.2 billion debt for natural gas supplies, the Russian gas producer said on Monday. Ukraine has missed deadlines in the past without punishment but Gazprom has suggested it might ask Kiev to pay in advance for gas if it does not meet the monthly deadline.