News

Yen slides as Russia sanctions seen as modest

The safe-haven yen fell broadly on Monday after the United States and the European Union imposed what investors perceived to be modest economic sanctions on some officials of Russia and Ukraine following Crimea's vote to join Moscow over the weekend.

Russian assets rally on view Western sanctions to be limited

Russian shares and the ruble rebounded on Monday on the view that Western sanctions over Crimea would be limited to individuals rather than including trade or financial measures that would inflict significant economic damage.

Missing Malaysian plane update: Co-pilot spoke last words heard

The co-pilot of a missing Malaysian jetliner spoke the last words heard from the cockpit, the airline's chief executive said on Monday, as investigators consider suicide by the captain or first officer as one possible explanation for the disappearance.