Russian shares up 2.5 percent after Putin asks to revoke right of military intervention in Ukraine
MOSCOW, June 24 Russian shares leapt to a five-month high on Tuesday after President Vladimir Putin asked the upper house of parliament to revoke Russia's right to send troops to Ukraine, where pro-Russian separatists have been fighting troops loyal to Kiev.
The dollar-denominated RTS index rose more than 1 percent immediately after Russian news agencies reported Putin's move, citing his official spokesman Dmitry Peskov.
The index was up more than 2.5 percent on Monday's close by 1014 GMT, surpassing 1,400 points for the first time since mid-January. The rouble was up 0.7 percent against the dollar from the previous close.
(Reporting by Alexander Winning; Editing by Kevin Liffey)
South Africa's Gordhan to court investors in Britain, U.S.
JOHANNESBURG, March 25 South African Finance Minister Pravin Gordhan embarks on a week-long non-deal investor roadshow in Britain and the United States on Monday as weak economic growth and ruling party tensions put the country's investment grade at risk.