Art Cashin of UBS Financial Services discusses why the U.S. stock market was under pressure Monday.» Read More
Russia is now firmly in control of Crimea, reports NBC's Jim Maceda, with the latest developments in the region.
*Gold stocks rise, tracking the metal's price move. NEW YORK, March 3- U.S. stock index futures tumbled on Monday, alongside other risk assets, as Ukraine and Russia mobilized for war with Russian President Vladimir Putin declaring he had the right to invade his neighbor. The United States threatened to isolate Russia economically after Putin's declaration.
LONDON/ PRAGUE March 3- A mild winter and improved infrastructure mean Europe is less reliant on Russian natural gas pumped through Ukraine than in past years, easing worries that the escalating crisis in Ukraine could hurt supplies.
MOSCOW/ PEREVALNOYE, Ukraine, March 3- Russia took a financial hit over its military intervention in neighbouring Ukraine, with its markets and currency plunging on Monday as President Vladimir Putin's forces tightened their grip on the Russian-speaking Crimea region.
CNBC's Michelle Caruso-Cabrera reports global stocks are lower but not nearly as low as Russian stocks which are showing signs of capital flight after Putin's threats to invade Ukraine.
*Germany, France, Finland promoting OSCE negotiation effort. BRUSSELS, March 3- European Union foreign ministers will push on Monday for high-level mediation to resolve the crisis over Russia's invasion of Crimea, while threatening the possibility of sanctions if Russia does not back down.
*Cbank's interventions to prop up rouble seen at $10 billion. *Slide follows Putin's declaration of right to invade Ukraine.
*United States, Europe differ over trade sanctions. LONDON, March 3- Crude oil prices jumped more than $2 a barrel to multi-month highs on Monday, lifted by rising tension in Ukraine after Russian President Vladimir Putin declared he had the right to invade his neighbour.
The rhetoric is heating up as Russian forces move into Crimea, reports CNBC's Steve Sedgwick on the latest details from the escalating conflict between Ukraine and Russia.
BRUSSELS, March 3- The European Union is unlikely to match the United States in threatening sanctions against Russia when its foreign ministers meet to discuss Ukraine on Monday, instead pushing for mediation between Moscow and Kiev, officials say.
*Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russian assets tumbled and the central bank hiked interest rates on Monday as markets took fright at the escalating tensions with neighbouring Ukraine.
MOSCOW/ KIEV March 3- Ukraine has increased Russian natural gas imports over the last few days, a spokesman for Ukraine's gas transit monopoly Ukrtransgas said on Monday, after Moscow said it may end lower prices to its neighbour.
*Ukraine border guards say build-up of Russian armoured vehicles near Crimea. KIEV/ BALACLAVA, Ukraine, March 3- Ukraine said Russia was building up armoured vehicles on its side of a narrow stretch of water near the Ukrainian region of Crimea after President Vladimir Putin said he had the right to invade his neighbour, prompting a sell-off in Russian assets.
LONDON, March 3- The Japanese yen was at its strongest in a month against the dollar on Monday and looked set for more gains as investors sought safe havens from the risk of conflict in Ukraine and an economic slowdown in China.
PARIS, March 3- European shares tumbled in early trade on Monday as escalating tensions in Ukraine prompted investors to stick to the sidelines. Ukraine mobilised for war on Sunday after Russian President Vladimir Putin declared he had the right to invade his neighbour, sending Asian stocks tumbling and oil prices jumping.
MOSCOW, March 3- Russian blue-chips fell on Monday after President Vladimir Putin declared the right to invade Ukraine at the weekend. Shares in Russian state gas monopoly Gazprom were down 11.7 percent, while the country's largest lenders- Sberbank and VTB- fell by 11 percent and 11.4 percent, respectively.
*Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russia's central bank hiked its key lending rate by 1.5 percentage points on Monday after the rouble hit an all-time low on President Vladimir Putin's declaration at the weekend of his right to invade Ukraine.
MOSCOW, March 3- Russian central bank hiked its key lending rate on Monday to 7 percent from 5.5 percent due to an increased risk to financial stability and inflation. The Russian rouble fell to all-time low against the dollar and the euro after President Vladimir Putin declared at the weekend the right to invade Ukraine.
*Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russian asset prices plummeted on Monday, with the rouble hitting an all-time low against the euro and the dollar, and stocks losing 7 percent after President Vladimir Putin declared the right to invade Ukraine at the weekend.
TOKYO, March 3- Japan's Nikkei average slid to a 1-1/ 2- week low on Monday as escalating tensions in Ukraine sparked risk aversion and a stronger yen hurt the mood, but the oil sector bucked the trend after crude prices rallied to multi-month highs.