KIEV/MOSCOW - Ukrainian President Petro Poroshenko accused Russia on Monday of "direct and undisguised aggression" which he said had radically changed the battlefield balance as Kiev's forces suffered a further reverse in their war with pro-Moscow separatists. | Video
TOKYO - Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank's policy decision later this week.
The European Union could ban gas exports and limit industrial use as part of emergency measures to protect household energy supplies this winter, a source tells Reuters, as it braces for a possible halt in Russian gas as a result of the Ukraine crisis. Full Article
BERLIN - German Chancellor Angela Merkel defends her government's taboo-breaking decision to send arms to Kurds fighting Islamic State militants in Iraq, telling parliament that the group poses a major security threat to Germany and Europe. Full Article
A Credit Suisse tie-up with Julius Baer would be risky, expensive and lacks logic, says Breakingviews, after a report suggests the private bank could become a takeover target for Switzerland's second-biggest bank by assets. Video