Russian stocks declined as Ukraine tension continues

Source: Bloomberg
Russian shares mostly dropped on Monday trading session falling for the second straight day amid speculation that the European Union and the U.S. may add more sanctions on the Russian Federation as Ukraine's tension continues. The benchmark index MICEX fell as much as 1.0% to 1,291.54 at 2:50 p.m. Moscow time.

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Mon, 05 May 2014 15:54:07 GMT

Brent falls as China's manufacturing sector weakens

The European benchmark Brent crude declined on Monday trading session after an industry report showed that the world's second largest economy manufacturing sector weakened in April and as inventories in the U.S. increased last week. Brent for settlement in June slipped as much as $0.40 to $108.28 per barrel on the London's ICE Futures Europe exchange by 1:44 p.m.

Mon, 05 May 2014 15:32:05 GMT

South African factory sector contracts in April

Manufacturing sector in South Africa contracted notably in April falling at the faster rate in almost 3 years mainly due to a significant drop in new sales orders, the latest data revealed by the Bureau of Economic Research showed on Monday. The country's factory sector purchasing managers' index slipped from March's level of 50.3 points to 47.4 recorded in the

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