KIEV, Nov. 15 - Turning part of the National Bank of Ukraine's foreign currency reserves into the Chinese yuan requires careful analysis, as it could worsen the quality of reserves, Max Alier, the IMF Resident Representative for Ukraine, said.

KIEV, Nov. 16 - Ukraine’s next payment for Russian natural gas due in early December will be made according to new, lower gas prices that are negotiated between the two governments, Prime Minister Mykola Azarov said Wednesday.

Ukraine is due to pay before December 7 for gas supplies in November. Ukraine last week paid $1.004 billion for Russian gas supplies in October.

KIEV, Nov. 16 – The European Union may cancel a planned summit with Ukraine next month, postponing indefinitely free trade and political agreements, a newswire reported Wednesday, citing a source at the Polish EU Presidency.

KIEV, Nov. 16 - Experts from the International Monetary Fund have approved the first review of the IMF-Ukraine Stand-By Arrangement under which Kiev hopes to receive a second loan tranche of about $1.6 billion.

KIEV, Nov. 16 - President Viktor Yanukovych on Tuesday appointed his ally as the head of the Kiev city administration, further strengthening his control over the government in the capital.

KIEV, Nov. 16 – Thousands of small business owners swarmed in front of Parliament on Tuesday for a massive rally against new tax legislation they fear favors large companies while putting greater pressure on small businesses.

KIEV, Nov. 15 – The deficit of the national budget in 2010 will be 5.5% of gross domestic product and in 2011 will be 3.5% of GDP, forecasts Prime Minister Mykola Azarov.

ABU DHABI, Nov. 16 – Ukraine needs investment from the United Arab Emirates, President Viktor Yushchenko said at a meeting with businessmen from the Gulf in Abu Dhabi on Monday.

"The fact that Ukraine will be hosting the Euro 2012 creates opportunities for investor interaction," the president said.

KIEV, Nov. 16 - The Ukrainian Cabinet of Ministers hopes that "an end has not yet been put to cooperation with the International Monetary Fund," First Deputy Prime Minister Oleksandr Turchynov said.

MOSCOW, Nov. 16 - The European Union and Russia on Monday agreed to an "early warning" mechanism to shield Europe from potential energy supply cuts in the event of a Russia-Ukraine gas dispute, Reuters reported.