S&P raises Ukraine's outlook as IMF bailout boosts economy

(Reuters) - Standard & Poor's revised its outlook on Ukraine to stable from negative, saying that the International Monetary Fund program adopted in April has helped improve the economic situation in the country.

Asia shares ride Wall Street gains, Europe seen up too

(Reuters) - Asian share markets shuffled higher on Tuesday after promising U.S. economic news helped Wall Street to a firmer finish, though activity was again light with Tokyo still on holiday.

US, Europeans to Slap New Sanctions on Russia

SEOUL - President Obama and four European leaders agreed on a conference call Saturday to impose new sanctions on sectors of the Russian economy, the White House said.