Ukraine says Russia exports terror as Nato boosts defences

Ukraine says Russia exports terror as Nato boosts defences

Nato pledges to hold more military drills in eastern Europe and step up air and naval policing on its flanks
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GDP expansion slows in China

GDP expansion slows in China

GDP rose 7.4% in March quarter year-on-year, the weakest pace in six quarters, as property construction plunged
Bank of America reports $276 mn loss on huge legal costs

Bank of America reports $276 mn loss on huge legal costs

Results in BofA’s consumer real estate services division were hit by declines in mortgage refinancings, mirroring an industry-wide trend
Janet Yellen says Fed committed to accommodation to support recovery

Janet Yellen says Fed committed to accommodation to support recovery

Yellen told investors to pay attention to shortfalls in both inflation and the jobless rate for signals on the FOMC decisions on the policy rate
Two dead, 293 missing in South Korea ferry capsize

Two dead, 293 missing in South Korea ferry capsize

Two people—a male student and a female crew member—were confirmed dead as the vessel sank 20km off the southern island of Byungpoong
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