*Athens building its own funding buffer- Greek finmin. Athens is anticipating further debt relief measures from its euro zone partners and the International Monetary Fund later this year after managing to shore up its finances and post a budget surplus before interest payments.» Read More
KIEV, March 26- Ukraine's new leaders, in a step the ousted government had balked at, said on Wednesday it would raise the price of gas for domestic consumers by more than 50 per cent from May 1 and would raise prices further under a fixed timetable to 2018..
KIEV, March 26- Ukraine is raising the price of gas for domestic consumers by more than 50 per cent from May 1 and will implement further rises under a fixed timetable until 2018, an official of state energy company Naftogaz said on Wednesday.
MOSCOW, March 26- The Russian economy may contract markedly this year and the country could see record capital outflow of $150 billion if the crisis over Moscow's annexation of Ukraine's Crimea deepens, the World Bank warned on Wednesday.
WORLD BANK SAYS IT WILL BE DIFFICULT FOR RUSSIAN CENTRAL BANK TO MEET ITS 2014 INFLATION TARGET OF 4-5 PCT.
MOSCOW, March 26- Russia's economy could contract by 1.8 percent in gross domestic product terms this year if the crisis following Moscow's annexation of Ukraine's Crimea deepens, the World Bank said on Wednesday. "If the Russia- Ukraine conflict escalates, uncertainty could rise around sanctions from the West and Russia's response to them."
WORLD BANK SEES RUSSIAN CENTRAL BANK SPENDING $38.9 BLN IN Q1 ON SUPPORTING THE ROUBLE.
WORLD BANK SEES PROMINENT POLITICAL RISKS IN RUSSIA IN SHORT-TERM DUE TO CRIMEA CRISIS.
WORLD BANK SAYS CAPITAL OUTFLOWS MAY REACH $150 BLN THIS YEAR IN WORST-CASE SCENARIO, $80 BLN NEXT YEAR.
WORLD BANK SAYS RUSSIAN ECONOMY MAY CONTRACT BY 1.8 PCT IN 2014 IF RUSSIA- UKRAINE CONFLICT ESCALATES.
March 25- U.S. Senate Democratic leader Harry Reid said on Tuesday he had agreed to drop reforms to the International Monetary Fund from a Ukraine aid bill to increase its chances of getting through Congress. Reid cited stiff opposition to the IMF reform provisions in the Republican-led House of Representatives.
WASHINGTON, March 25- U.S. Senate Democratic leaders are discussing whether to drop reforms to the International Monetary Fund from a Ukraine aid bill, but have not yet made a decision, a senior Democratic Senate aide said on Tuesday.
BRUSSELS, March 25- European Union antitrust regulators raided French car parts makers Faurecia and several other auto exhaust systems makers on Tuesday, the latest crackdown against suspected price-fixing in the auto industry. Faurecia, which is 52- percent owned by French carmaker Peugeot Citroen, confirmed the EU raids.
YANGON, March 25- Myanmar- focused conglomerate Yoma Strategic Holdings Ltd said Southeast Asia needs to work exceptionally hard to realise a balanced, European Union- style integration of such disparate economies.
BEIJING, March 25- China should let market forces play a greater role in its drive to boost the urban population to accomplish its goal of ensuring sustained, consumer-led growth, the World Bank said in a report on Tuesday.
Russia's annexation of Crimea underlines the need for the United States and the European Union to deepen their economic ties via an ambitious trade deal.
The world's top 20 economies may agree to set an ambitious target for faster global growth at a weekend meeting in Sydney.
The world economy will grow by more than previously expected this year, the International Monetary Fund forecast on Tuesday.
Parag Khanna, Senior Fellow at the non-profit, non-partisan think tank New America Foundation, says the improvements in trade facilitation will add up to 1 to 2 trillion to the global economy
Trade ministers are in Bali, Indonesia for the World Trade Organization's ministerial meeting. CNBC's Lisa Oake tells you what to expect.
As the World Trade Organisation kicks off its meeting in Indonesia's resort island Bali later on Tuesday, CNBC's Lisa Oake looks at what's at stake at this key conference.