West imposes further sanctions on Russia

Note: This section contains information in English only.
Source: Reuters
US and European leaders in a move to put more pressure on Russia have extended their sanctions to its financial, defence and energy sectors. The plane crash in eastern Ukraine has largely led to the much tougher sanctions as the Russian government still has not changed its stance in this conflict. At the same time the Ukrainian forces are making headway against the rebels.

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Tue, 29 Jul 2014 14:41:08 GMT

Ruble depreciates

The Ruble depreciated for a fourth consecutive day as Russia did not conduct its second debt auction and EU discusses further sanctions on the country. The nation's currency declined 0.3% to 35.6425 per dollar, creating a 4.9% overall loss during this month. The Ruble also went down 0.4% versus the Euro to 47.9050.

Tue, 29 Jul 2014 12:35:13 GMT

UK shares rebound after two-day drop

UK stocks rose after a two-day decline with GKN Plc and Next Plc leading the way as their earning reports were better than expected. GKN leaped 6.9% due to a higher pre-tax profit and Next went up 2.5% after a positive forecast adjustment. Overall, the FTSE 100 added 18.66 points and rose to 6,806.73 in London.

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