: :inin Kyiv (EET)

Section: Asia

    Russian economy shrinks for first time since 2009
    Dec29

    Russian economy shrinks for first time since 2009

    MOSCOW (AFP) – Russias economy shrank in November for the first time in five years, the government said Monday, illustrating the sharply changing fortunes of President Vladimir Putins rule as he faces falling oil prices and Western sanctions.The figures were the latest indication that Russia was sliding toward recession and potentially a...

    Unclear whether oil, objects found in sea linked to lost jet
    Dec29

    Unclear whether oil, objects found in sea linked to lost jet

    An Indonesian helicopter searching for the missing AirAsia jetliner saw two oily spots in the water Monday, and an Australian search plane spotted objects elsewhere in the Java Sea, but it was too early to know whether either was connected to the aircraft and its 162 passengers and crew.In any case, officials saw little reason to believe AirAsia...

    Ukraine adopts ‘draconian’ budget backed by IMF
    Dec29

    Ukraine adopts ‘draconian’ budget backed by IMF

    Ukraine’s parliament on Monday adopted an austerity budget that hikes import prices and shrinks social spending to balance the books under a plan backed by the International Monetary Fund. The highly disputed 2015 plan was pushed through by the government-led coalition after a marathon debate that ended after 4 a.m. Ukrainian President...

    Russian ruble drops 7 percent as economy shrinks
    Dec29

    Russian ruble drops 7 percent as economy shrinks

    The Russian currency extended its losses on Monday after a report showed the economy has started shrinking in annual terms for the first time since 2009 as the country is buffeted by falling oil prices and Western sanctions.Meanwhile, the government, which has been scrambling to support the ruble and the economy, announced fresh steps to keep the...

    AirAsia shares hit in Malaysia after jet loss
    Dec29

    AirAsia shares hit in Malaysia after jet loss

    KUALA LUMPUR (AFP) – Shares in AirAsia, Southeast Asias biggest budget airline, lost almost nine percent in Kuala Lumpur Monday after one of its jets disappeared with 162 people on board.But analysts said the impact on the low-cost sector would be limited owing to its popularity.The firm slumped 12 percent to 2.60 ringgit at the open but...

    Indonesia says missing AirAsia plane could be at ‘bottom of sea’
    Dec29

    Indonesia says missing AirAsia plane could be at ‘bottom of sea’

    JAKARTA: A missing AirAsia jet carrying 162 people could be at the bottom of the sea after it was presumed to have crashed off the Indonesian coast, an official said on Monday, as countries around Asia sent ships and planes to help in the search effort. The Indonesia AirAsia plane, an Airbus A320-200, disappeared after its pilot failed to get...

    Ukraine adopts ‘draconian’ budget backed by IMF
    Dec29

    Ukraine adopts ‘draconian’ budget backed by IMF

    KIEV (AFP) – Ukraines parliament on Monday adopted an austerity budget that hikes import prices and shrinks social spending in order to balance the books under a plan backed by the International Monetary Fund.The highly-disputed 2015 plan was rammed through by the government-led coalition after a marathon debate concluded with a 4:15 am...

    Another Malaysia-linked plane disappearance spooks air travelers
    Dec29

    Another Malaysia-linked plane disappearance spooks air travelers

    KUALA LUMPUR/SINGAPORE: What appears to be a third air disaster involving a Malaysian carrier in less than a year has further dented confidence in the country’s aviation industry and spooked air travelers across the region. A plane belonging to Indonesia AirAsia, 49 percent owned by Malaysia-based budget carrier AirAsia, vanished on Sunday...

    Russia's Lavrov sees chance to solve Ukraine crisis in 2015 – Interfax
    Dec29

    Russia's Lavrov sees chance to solve Ukraine crisis in 2015 – Interfax

    MOSCOW (Reuters) – Russian Foreign Minister Sergei Lavrov sees a real opportunity to solve the Ukraine crisis in 2015, Interfax news agency quoted him as saying on Monday. …read more Source: The...

    Tennis: WTA Tour singles standings
    Dec29

    Tennis: WTA Tour singles standings

    REUTERS – Standings from the WTA Tour singlesPoints:1 (1) Serena Williams(U.S.) 84852 (2) Maria Sharapova(Russia) 70503 (3) Simona Halep(Romania) 62924 (4) Petra Kvitova(Czech Republic) 59665 (5) Ana Ivanovic(Serbia) 48206 (6) Agnieszka Radwanska(Poland) 48107 (7) Eugenie Bouchard(Canada) 47158 (8) Caroline Wozniacki(Denmark) 46259 (9)...

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