Asia Top News and Analysis Russia

More

  • ATHENS, Greece— Russia's president is travelling to financially struggling Greece for a visit that will include a trip to a secluded, male-only Christian Orthodox sanctuary in the country's north. Vladimir Putin is to discuss energy cooperation and Russian investments in Greece during a meeting Friday with Greek Prime Minister Alexis Tsipras.

  • *China slams G7 on statement on South China Sea. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. G7 leaders wrapped up a summit in central Japan...

  • *G7 criticises N Korea, Russia. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. "Global growth remains moderate and below potential, while risks...

  • ODESSA, Ukraine, May 27- The head of customs at the Black Sea port of Odessa says her job used to be such a money-spinner the going bribe for securing it was $5 million. "I talked to officials who worked at the Odessa customs before... and I heard that the bribe to be a chief of Odessa customs was about 5 million dollars," she said. Her account points to a delicate balance of...

  • *G7 criticises N Korea, Russia. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. "Global growth remains moderate and below potential, while risks...

  • LONDON, May 26- Emerging stocks hovered near 10- day highs on Thursday as oil price gains lifted markets in Russia and other oil producers, while hopes of a currency devaluation pushed Nigerian stocks to new 4-1/ 2 month highs. Emerging assets have pushed higher this week helped by a strong performance on Wall Street and other developed markets, while oil prices...

  • ATHENS, May 26- Russia and the European Union need to build a' an equal and fair dialogue' as partners to overcome their differences, President Vladimir Putin said in an article published in a Greek newspaper on Thursday on an eve of a visit to the country. Putin will be in Athens on Friday, and also visit Greece's monastic community at Mount Athos in northern Greece on...

  • *Russia accuses West of leaning on banks to abstain. MOSCOW/ LONDON, May 25- Russia on Wednesday hailed its Eurobond issue as a triumph over Western obstruction, but there was no sign that big foreign investors had bought the bond and, unusually for a large issue, there was scant trading in the paper once it was placed. Russia nevertheless put a positive spin on the...

  • BRIEF- RUSSIA'S SBERBANK CFO: COULD RAISE DIVIDEND PAYOUT BUT. NOT IN SHORT TERM@ term@. *Chief Financial Officer Alexander Morozov told a conference call: it is possible Sberbank could raise its dividend payout but not in the short term.

  • MOSCOW— Russia's Defense Ministry has spelled out why it believes a U.S. reconnaissance flight over the Sea of Japan was a safety risk, saying the plane risked colliding with civilian airliners. The ministry has earlier summoned a U.S. military attached in Moscow to protest what it described as the "unprofessional" action of the U.S. crew during Sunday's flight.

  • MOSCOW, May 25- Russia's Gazprom Neft, under the gaze of President Vladimir Putin, has started loading a tanker with crude from its new Novoportovskoye field in the Arctic, which will help Moscow maintain record-high oil production. It will also help Russia to keep its oil production at more than 10 million barrels per day, a post-Soviet record-high, and adding...

  • MOSCOW, May 24- Russia raised $1.75 billion on Tuesday in a Eurobond issue with foreigners the biggest buyers, a placement officials said showed there was international appetite for Russian assets despite Western efforts to scare off investors. Russia's finance ministry had not given an explicit target for the amount it wanted from the placement, the first...

  • MOSCOW, May 24- Bulgari, the flagship jewelry brand of luxury group LVMH, plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market. "Perhaps 10 years down the road we will have five-six boutiques in Russia: three Moscow four, perhaps; one in St Petersburg; and one or two in two other cities," he said at the...

  • MOSCOW, May 24- Russia on Tuesday raised $1.75 billion in its first Eurobond since sanctions were imposed on it over the conflict in Ukraine, four financial market sources said, with foreigners among the investors buying the paper. Two of the sources said that around three-quarters of the amount raised was accounted for by foreign investors from Europe, the...

  • *Book still open, demand seen over $6 bln. MOSCOW, May 24- Russia was on track on Tuesday to place its first Eurobond since sanctions were imposed on it over the conflict in Ukraine, but market sources said big Western investors appeared to be steering clear. But the Eurobond was also designed to show that, despite sanctions and the standoff with the West over Ukraine,...

  • Russia was on track on Tuesday to place its 10- year Eurobond that was managed solely by Russia's VTB Capital and which is to be placed without the involvement of international clearing banks.

  • *Book still open, demand seen over $6 bln. MOSCOW, May 24- Russia was on track on Tuesday to place its first Eurobond since sanctions were imposed on it over the conflict in Ukraine, but market sources said it had so far failed to entice big Western investors to start buying Russian debt again. But the Eurobond was also designed to show that, despite sanctions and the...

  • LONDON, May 24- Turkey's lira bounced off near four-month lows on Tuesday after investor-friendly deputy prime minister Mehmet Simsek kept his post in government, though Turkish and other emerging assets came under pressure from a firmer dollar. The currency rebounded 0.6 percent after the news that Simsek, a key member of Turkey's economic management team,...

  • *Spot gold edged down 0.1 percent to $1,247.30 per ounce by 0056 GMT. The metal fell to $1,242.63 an ounce, the lowest since April 28 on Monday. *San Francisco Fed President John Williams said the central bank is on track to hike rates in June or July despite risks such as a "Brexit" vote, and will continue with even more increases next year given U.S. economic strength, a...

  • U.S. President Barack Obama (third from right) and his Vietnamese counterpart Tran Dai Quang (second from right) review the guard of honor during a welcoming ceremony at the Presidential Palace in Hanoi, Vietnam, May 23, 2016.

    Drone-makers could benefit from the U.S. lifting its arms embargo on Vietnam.