Edward Snowden, the former U.S. security contractor living under asylum in Russia, made a surprise appearance on Russian television to ask President Vladimir Putin if the nation spies on its citizens like the U.S.
Russian stocks trading in New York sank for a fourth day as concern mounted that President Vladimir Putin faces stiffer international sanctions after his special forces were spotted in eastern Ukraine.
It seems like for every doom-and- gloomer saying the U.S. stock market is headed for a 2000-style bubble burst, there’s an optimist behind them saying, “That’s nonsense -- and can I interest you in a flier on an IPO for an unprofitable Internet company?”
Asian shares fell this week, with the regional benchmark halting a two-week gain and Japan’s Topix index capping its worst week since June, as technology shares sank amid a global rout and the yen strengthened.
Emerging-market stocks dropped the most in three weeks as Tencent Holdings Ltd. led a slump in technology companies from a record. Russia’s Micex Index slid after the U.S. threatened tougher sanctions over Ukraine.
Yahoo! Inc. director Peter Liguori, the chief executive officer of Tribune Co., won’t seek re- election at the Internet company’s shareholder meeting in June, the second board member to signal an exit in as many months.
Asia’s benchmark stock index fell from an almost three-month high amid a renewed selloff of technology shares and as a gain in the yen yesterday dragged Japan’s Topix index to its worst week since June.