: :inin Kyiv (EET)

Section: Independent Online (South Africa)

    Russia buys gold as sanctions bite
    Nov11

    Russia buys gold as sanctions bite

    Russia’s central bank has been forced to step up its gold buying this year to absorb domestic production that Western sanctions are making it hard for miners to sell abroad, and to boost liquidity in its foreign reserves, sources said. ||| Lima – Russia’s central bank has been forced to step up its gold buying this year to...

    Denmark: Carlsberg posts lower profit
    Nov11

    Denmark: Carlsberg posts lower profit

    Danish brewer Carlsberg’s third-quarter net profit dipped to 2.1 billion kroner (R3.9bn), it said yesterday, citing falling beer sales in Russia and eastern Europe amid challenging market conditions. ||| DANISH brewer Carlsberg’s third-quarter net profit dipped to 2.1 billion kroner (R3.9bn), it said yesterday, citing falling beer...

    Obama in Asia to promote free trade
    Nov11

    Obama in Asia to promote free trade

    US President Barack Obama saw momentum building for a Washington-backed free-trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour, he said yesterday. ||| Matt Spetalnick Beijing US PRESIDENT Barack Obama saw momentum building for a Washington-backed free-trade agreement in the Asia-Pacific,...

    Russia feels sanctions’ bite
    Nov11

    Russia feels sanctions’ bite

    Russia’s financial guardians made their broadest acknowledgment yet that sanctions are sinking the economy, as the central bank moved to protect the rouble after its worst week in more than a decade. ||| Anna Andrianova and Ksenia Galouchko MoscowRUSSIA’S financial guardians made their broadest acknowledgment yet that sanctions are...

    VTB set to quit LSE for China
    Nov11

    VTB set to quit LSE for China

    Russia’s second-largest bank, VTB, might delist from the London Stock Exchange (LSE) in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said yesterday. ||| RUSSIA’S second-largest bank, VTB, might delist from the London Stock Exchange (LSE)...

    Japanese stocks stand out
    Nov11

    Japanese stocks stand out

    Japanese shares stood out against a lacklustre backdrop in Asia on Tuesday as oil prices continued to drop. ||| Tokyo – Japanese shares stood out against a lacklustre backdrop in Asia on Tuesday as oil prices continued to drop, while the dollar took a breather from its recent rally. MSCI’s broadest index of Asia-Pacific shares outside...

    China, Japan leaders in ice-breaker talks
    Nov10

    China, Japan leaders in ice-breaker talks

    The leaders of China and Japan held an ice-breaking summit after two years of dangerous animosity. ||| Beijing – The leaders of China and Japan held an ice-breaking summit on Monday after two years of dangerous animosity, as world leaders including Barack Obama gathered for an Asia-Pacific meeting spotlighting intensifying big-power...

    Russia’s VTB may move from London to China
    Nov10

    Russia’s VTB may move from London to China

    VTB, Russia’s No.2 bank, may delist from the London Stock Exchange (LSE) in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said. ||| Beijing – VTB, Russia’s No.2 bank, may delist from the London Stock Exchange (LSE) in favour of...

    East European weighs on Carlsberg’s profits
    Nov10

    East European weighs on Carlsberg’s profits

    Danish brewer Carlsberg said its third quarter net profit dipped to 2.1 billion kroner (R3.9 billion), citing falling beer sales in Russia and Eastern Europe amid challenging market conditions. ||| Copenhagen – Danish brewer Carlsberg said Monday its third quarter net profit dipped to 2.1 billion kroner (R3.9 billion), citing falling beer...

    China deal sends shares to 1-month high
    Nov10

    China deal sends shares to 1-month high

    A landmark deal to give global investors easier access to China’s $3.9 trillion (R44 trillion) stock market lifted world shares to their highest in over a month on Monday, as tensions in Libya and Ukraine pushed up oil prices. ||| London – A landmark deal to give global investors easier access to China’s $3.9 trillion (R44...

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