×

Asia Top News and Analysis Ukraine

  • FRANKFURT/ MOSCOW/ KIEV, June 28- A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday in Ukraine where it silently infected computers after users...

  • *Wary economy will overheat, Iceland keeps bond investors away. *Government preparing new steps to make Iceland less attractive. LONDON, June 28- Iceland spent nearly a decade trying to keep foreign money in the country after a financial collapse, now it is trying to keep some of it out.

  • *Wary economy will overheat, Iceland keeps bond investors away. *Government preparing new steps to make Iceland less attractive. LONDON, June 28- Iceland spent nearly a decade trying to keep foreign money in the country after a financial collapse, now it is trying to keep some of it out.

  • *Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh. LONDON, June 28- The euro hit a 1- year high on Wednesday and German 10- year Bund yields continued to rise after doubling the previous day, as bets grew that the European Central Bank is readying to scale back its 2- trillion-euro stimulus programme. The euro was eyeing up $1.14 and was at a 7- month high...

  • LONDON, June 28- Korea Electric Power Corp is in negotiations to buy a stake in Toshiba's NuGen nuclear project in Britain, a KEPCO executive said on Wednesday. "We are in negotiations with Toshiba to take some share," Jong-hyuck Park, chief nuclear officer at state-owned KEPCO, said on the sidelines of an industry event in London. However, doubts about the future of...

  • SYDNEY, June 28- Australia's workplace regulator on Wednesday said it is investigating U.S. ride-hailing firm Uber Technologies Inc over the way it recruits drivers, after a drivers group sought employee rather than subcontractor status. The Fair Work Ombudsman plans to focus on whether the San Francisco- based startup, which makes apps that allow people to...

  • LONDON, June 28- Gold prices rose on Wednesday as the dollar weakened and stock markets fell after a delayed U.S. healthcare bill increased doubts about President Donald Trump's ability to pass economic stimulus measures. The dollar sank to its lowest since November as Japan's yen strengthened and the euro hit a one-year high when European Central Bank...

  • *France's Legrand boosted by U.S. acquisition. LONDON, June 28- Slumping technology stocks after a global cyber attack and depressed crude oil prices cast a cloud over European shares on Wednesday, sending them to their lowest in two months. Anti-virus provider Sophos fell 4.9 percent, a top UK mid-cap faller, and security firm NCC Group slid 2.1 percent.

  • *FTSE 100 down 0.6 pct. LONDON, June 28- Britain's top share index dipped on Wednesday following a slide in shares of Hargreaves Lansdown and oil firms, though a jump in Bunzl's shares offered some relief. Fund platform Hargreaves Lansdown was the biggest faller, dropping around 3 percent and hitting a one-month low following an industry report by Britain's...

  • *Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVh. LONDON, June 28- The euro hit a 1- year high on Wednesday and German 10- year Bund yields continued to rise after doubling the previous day, as bets grew that the European Central Bank is readying to scale back its 2- trillion-euro stimulus programme. The euro was eyeing up $1.14 and was at a 7- month high...

  • DUBAI, June 28- Gulf Arab states are considering fresh sanctions on Qatar and could ask their trading partners to choose between working with them or Doha, the United Arab Emirates ambassador to Russia said in an interview with The Guardian newspaper. The UAE, Saudi Arabia and Bahrain severed diplomatic and travel ties with Qatar this month, accusing it of...

  • HONG KONG— A global stock market sell-off pulled shares lower in Asia on Wednesday as investors grew cautious following losses on Wall Street sparked by a delayed health care vote. Sentiment was dented in Europe by speculation that European Central Bank stimulus may be wound down if conditions improve. CENTRAL BANKING: European Central Bank President Mario...

  • LONDON, June 27- Oil prices have been rising gently during the past four trading sessions despite concerns about the continued rise in the U.S. rig count and enormous excess inventories. Front-month Brent futures prices are up by about $2 a barrel since touching a low of $44 on June 21, which could herald a break in the downtrend that had been in place since late May.

  • A crane loads a shipping container branded AP Moller-Maersk A/S onto the freight ship. The company fell victim to a widespread cyberattack on June 27, 2017.

    A major wave of cyber attack worldwide disrupted computers at Russia's biggest oil company, Ukranian banks and multinational firms.

  • SINTRA, Portugal- European Central Bank President Mario Draghi participates in Policy Panel at the ECB Forum on Central Banking in Sintra, Portugal- 1430 GMT. SINTRA, Portugal- European Central Bank Executive Board Member Vitor Constancio is chairing a Panel "Business cycles, growth and macroeconomic policy" at the ECB Forum on Central Banking in Sintra,...

  • SINTRA, Portugal- European Central Bank President Mario Draghi participates in Policy Panel at the ECB Forum on Central Banking in Sintra, Portugal- 1430 GMT. SINTRA, Portugal- European Central Bank Executive Board Member Vitor Constancio is chairing a Panel "Business cycles, growth and macroeconomic policy" at the ECB Forum on Central Banking in Sintra,...

  • LONDON, June 28- Businesses in Europe underestimate the "slow-burn" effects of cyber attacks and need to prepare more fully for a loss of customers, a fall in share price and other potential consequences, Lloyd's of London said in a report on Wednesday. "There is a lack of understanding as to what cyber attacks can mean," Lloyd's of London Chief Executive Inga Beale...

  • *U.S. shale CEO sees Saudi Arabia moving to lift oil prices. *OPEC to consider options at July meeting in Russia. NEW YORK, June 27- Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.

  • NEW YORK, June 27- The dollar slid to 10- month lows against the euro on Tuesday after the head of the European Central Bank opened the door to steps that might begin to reduce the central bank's stimulus and after a vote on U.S. healthcare legislation was delayed. Speaking to a conference in Portugal, ECB President Mario Draghi said the ECB could adjust its policy...

  • *U.S. shale CEO sees Saudi Arabia moving to lift oil prices. *OPEC to consider options at July meeting in Russia. NEW YORK, June 27- Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.