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Section: Asia

    US welcomes IMF deal on aid to Ukraine
    Feb13

    US welcomes IMF deal on aid to Ukraine

    The United States welcomed on Thursday the International Monetary Fund’s announcement of a new $17.5 billion bailout deal for Ukraine, urging the crisis-torn country to undertake the reforms required by the program. …read more Source: The Times of...

    Ukraine cease-fire deal, ongoing Greece talks lift euro
    Feb13

    Ukraine cease-fire deal, ongoing Greece talks lift euro

    WASHINGTON (AFP) – A cease-fire in Ukraine negotiated overnight and an agreement by Greece and the Eurogroup to return to talks gave a solid boost to the euro over the dollar Thursday.The common currency gained 0.8 percent on the US dollar from late Wednesday, to $1.1406, even though some doubts hung over what was achieved in the parallel...

    How the Dow Jones industrial average fared Thursday
    Feb13

    How the Dow Jones industrial average fared Thursday

    Stocks closed near an all-time high Thursday as technology, materials and energy companies notched big gains. Energy stocks rose as the price of oil rebounded. Traders were also encouraged by an acquisition in the online travel business and news of a cease-fire deal in Ukraine. The Standard & Poor’s 500 index ended just two points shy...

    US stocks approach record as technology, energy stocks gain
    Feb13

    US stocks approach record as technology, energy stocks gain

    U.S. stocks climbed back close to record levels on Thursday as technology, materials and energy companies all notched big gains. Cisco Systems led the technology sector higher after reporting better-than-expected earnings. Energy stocks rose as the price of oil rebounded following two days of heavy losses. There were also big gains for online...

    Ceasefire Agreed for Eastern Ukraine After Minsk Summit
    Feb13

    Ceasefire Agreed for Eastern Ukraine After Minsk Summit

    Minsk. The leaders of Germany, France, Russia and Ukraine have agreed a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday. The deal reached after all-night negotiations in the Belarussian capital Minsk included a ceasefire that would come into effect on Sunday, followed by the withdrawal of heavy weapons....

    IMF Agrees to $17.5 Billion Bailout for Ukraine
    Feb13

    IMF Agrees to $17.5 Billion Bailout for Ukraine

    The International Monetary Fund has agreed on a new $17.5 billion bailout deal for Ukraine to help stabilize the country’s finances. The four-year deal could include as much as $40 billion in funding when combined with money from other lenders, IMF chief Christine Lagarde said. Ukra… …read more Source: The Chosun...

    US welcomes IMF deal on aid to Ukraine
    Feb13

    US welcomes IMF deal on aid to Ukraine

    [WASHINGTON] The United States welcomed Thursday the International Monetary Fund’s announcement of a new US$17.5 billion bailout deal for Ukraine, urging the crisis-torn country to undertake the reforms required by the program. …read more Source: The Business...

    EU ready for ‘necessary steps’ if Ukraine pact breached
    Feb13

    EU ready for ‘necessary steps’ if Ukraine pact breached

    The EU warned Russia Thursday it was ready to take further measures in addition to the sanctions it has already imposed if a new Ukraine peace pact is breached, the bloc’s president Donald Tusk said. “The debate focused on how to support the implementation of the agreement – if it does not happen we will not hesitate to take the...

    World Bank to Provide up to $2 Billion in Aid to Ukraine
    Feb13

    World Bank to Provide up to $2 Billion in Aid to Ukraine

    The World Bank said Thursday it is prepared to provide up to $2 billion in financial assistance to conflict-torn Ukraine this year, part of an international package of support. …read more Source:...

    EU ready for 'necessary steps' if Ukraine pact breached: Tusk
    Feb13

    EU ready for 'necessary steps' if Ukraine pact breached: Tusk

    [BRUSSELS] The EU warned Russia on Thursday it was ready to take further measures in addition to the sanctions it has already imposed if a new Ukraine peace pact is breached, the bloc’s president Donald Tusk said. …read more Source: The Business...

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