Financial News and Economical Crisis

Ministry of Fuel and Energy of Ukraine so far has no plans to raise gas tariffs for the population, said Energy Minister Yuri Prodan. As the press-secretary of Ministry of Fuel and Energy Fent Di, this minister said, commenting on yesterday's statement by President Viktor Yushchenko on the need to increase tariffs for gas for the population. It was reported that Mr Yushchenko during a meeting on the financial situation of NAK Naftogaz of Ukraine on June 11 suggested ... Read More

June 11, President of OAO Russian Railways, Vladimir Yakunin, President and Commercial and Industrial Chamber Yevgeny Primakov signed a cooperation agreement. The document provides for the use of the capacity of parties to identify and implement investment projects in Russia's regions, including within the framework of national projects, the formulation of measures to support a favorable investment climate and foreign producers. At the moment, Russian Railways is the third phase of reform, and it is extremely important to ... Read More

Asian stock indexes grow on Thursday on expectations of increasing profits staleproizvoditeley and energy companies in a recovery economy, reports Bloomberg. MSCI Asia Pacific Index has risen during the bidding for the 0,4% - to 104.97 points. This indicator has jumped by 48% after reaching a minimum of five years of 9 March. Price Nippon Steel shares rose by 5,1%, Kobe Steel - on 2,7%, JFE Holdings - at 4.3%. According to the Nikkei English ... Read More

IMF acts on behalf of foreign creditors, as evidenced by his controversial behavior in the negotiations with Ukraine. That is why the most effective argument of the Government of Tymoshenko becoming ... rumors of a possible default. When, in the pervoaprelskoy protest the Ukrainian levoradikaly using plates slosed symbolically closed the Kiev representation of the International Monetary Fund, the few people remembered that more recently the IMF is planning to make such a move. Already, and the closing date ... Read More

More than 70% of Ukrainian consumers in early 2009 had the experience of buying low-quality goods of daily demand, the results of a study of consumer situation in Ukraine, conducted as a joint project between the EU and UNDP's consumer society, and public associations. Most Ukrainians are often faced with the challenge of buying low-quality foods - 63% of respondents. Several incidents have occurred less frequently purchase low-quality footwear (32%), clothing (25%), small household appliances (12%), major household ... Read More

Today, June 11, Asian stock markets showed mixed trends with a pronounced positive component. In particular, the commodity sector has moved through the statistics for China - investment in fixed assets during the first 5 months of this year rose by almost a third over the same period in 2008 The regional index MSCI Asia Pacific increased by 0.5%; Japanese Topix gained 0.4%, the Taiwanese Taiex rose by 1.6%, and Filipino PSE added 2.7%. However, the markets of ... Read More

USD /JPY prices move in support of 97.75/50. If they can overcome it, will continue to drop, the primary purpose of which is likely to become a mark 97.00. The probability of such an outcome suggests that the trend indicator OsMA at 4-hour graph (Figure 1) is sent down with confidence. In looking towards the bear, and oscillators. At the time schedule (Fig. 2) OsMA turned down, thus reaffirming the presumption of the possibility of a breakthrough this ... Read More

Yesterday at the U.S. stock market dominated by the negative sentiment among market participants, but closer to the end of trading session, Bulls played most of the losses. yesterday published trade balance, which in April amounted to - $ 29.2 billion against the projection - $ 29 billion and - against $ 28.5 billion in March. Today, market participants pay attention to the publication of data on the number of applications for unemployment benefits, ... Read More

One can not, others do not want Russia The Russian stock market rose slightly yesterday, bid higher: RTS index rose by 1,49%, MICEX index went up by 1.78% - but if look at the intraday dynamics, we can see trample on one place with a small strait which occurred closer to closure. The volume of trades in the stock market section of the MICEX Stock Exchange amounted to 144.2 billion rubles, if ... Read More

Yesterday, the Russian stock market, despite high prices for oil and other commodities and a good attitude to the world's stock pads, I could not show a sharp rally, as a result of the day beyond a modest recovery. Better market looked heated high prices for nickel MMC shares, but worse than others - continue to decline paper Rostelekom, as well as shares VTB. This morning external background for the Russian stock market once again better than last ... Read More