Page 42 - Ukraine

Oil edges back up despite Putin's pledge to honour supply commitments

Since Russia's February 24 invasion of Ukraine, oil markets have been the most volatile in two years, with global benchmark Brent crude recording its biggest decline since April, 2020

Gold steadies near $2,000/oz as Ukraine worries support

Spot gold were steady at $1,992.37 per ounce by 1544 GMT, after tumbling as much as 3% on Wednesday. US gold futures inched up 0.5% to $1,998.60

Putin says Russia will emerge stronger, sanctions will rebound on West

Putin said Moscow - a major energy producer that supplies a third of Europe's gas - would continue to meet its contractual obligations even though it has been slammed with comprehensive sanctions

An oil shock is coming, but the US may have already paid for it: Analysts

US consumer price data due to be released later on Thursday is expected to show the pace of annual price increases jumped to 7.9% last month from 7.5% in January

Kamala Harris embraces call for war crimes probe of Russia

Absolutely there should be an investigation, and we should all be watching, said Harris

UK eases visa route for Ukrainian refugees stuck in France's Calais

Ukrainians arriving in France's English Channel port city of Calais with hopes of joining family in Britain can request visas at the local prefecture from Friday.

Gold resumes advance as Russia-Ukraine talks re-ignited a shift

A rush to safe-haven assets earlier this week due to the Ukraine crisis powered gold prices to near record levels hit in August 2020.

MS flags stagflation risk for India, cuts FY23 GDP growth forecast

'We believe that the ongoing geopolitical tensions exacerbate external risks and impart a stagflationary impulse to the economy,' they said

Euro dips as traders await EU policy response to war in Ukraine

Traders were looking to the ECB meeting later in the day for clues about how policy makers will balance the risk of higher inflation with the damage war in Ukraine will cause to economic growth

India's Russian coal imports could be highest in over two years in March

Russia could start offering more competitive prices to Chinese and Indian buyers as European and other customers spurn Russia because of sanctions, traders said

India may grow at 7.8% in FY23 with risk tilted towards downside: Report

The country is expected to register a growth rate of 8.9 per cent in the current fiscal ending March 31

Ukraine says Russia refuses to guarantee humanitarian access

Ukraine's Foreign Minister Dmytro Kuleba met Russia's Sergei Lavrov in Turkey, but said he had secured no promise from him to halt firing so aid could reach civilians

Asia stocks surge, Europe opens lower after oil prices rise

Asian markets surged while Europe opened lower Thursday after oil prices recovered some of a decline the day before that had eased inflation fears. Futures for Wall Street's benchmark S&P 500 index and the Dow Jones Industrial Average were down 0.4per cent as Russian attacks on Ukraine intensified two weeks as fighting entered its third week. Markets rallied Wednesday after oil plunged, but economists warned that was due to changes in futures contracts and other factors, not war developments. On Thursday, prices rebounded by nearly USD6 per barrel in London and nearly USD4 in New York. Forecasters warned markets will stay volatile, as the Russian and Ukrainian foreign ministers were meeting in Turkey for negotiations. Markets seem to have latched onto a couple of slightly less dismal clues as an excuse to rally hard, said ING economists in a report. The basis for that optimism it's actually pretty thin. In early trading, the FTSE 100 in London lost 0.6per cent to 7,146.60 and ..

World shares wilt as investors see scant hope on Russia-Ukraine talks

Foreign ministers from Russia and Ukraine will meet in Turkey on Thursday in the first high-level talks between the two countries since Moscow invaded its neighbour

Ukraine govt says it is opening new humanitarian corridors in cities

The Ukrainian government said it will open humanitarian corridors in Ukrainian cities on Thursday, media reports said

Ukrainian no-fly zone would end war quicker: Polish ambassador to Kyiv

Imposing a no-fly zone over Ukraine would help bring the conflict there to a faster conclusion and save lives, Polish ambassador said, as Russia continued a relentless bombardment of several cities

Russian shelling in Kharkiv kills 4 people, say Ukraine authorities

Ukraine's State Emergency Services (SES) said that heavy Russian shelling in Kharkiv led to the deaths of four people, including two children

Maternity hospital among 18 Ukraine medical centers hit, says WHO

An airstrike on a maternity hospital in the port city of Mariupol wounded women waiting to give birth and buried children in the rubble as Russian forces intensified their siege of Ukrainian cities

Ukraine planning to open 6 more humanitarian corridors: Zelensky

President Volodymyr Zelensky said that his country is preparing to open six more humanitarian corridors for the safe evacuation of people stuck in cities under attack by Russian forces.

Japan's Hitachi to suspend Russia operations after Ukraine request: Nikkei

Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported