(Reuters) -Kinross Gold Corp is selling its Russian assets to Highland Gold Mining group of companies for a total of $680 million in cash, the Canadian company said on Tuesday, nearly a month after suspending its operations in the country.

Thailand's leading joint business group on Tuesday trimmed its economic growth forecast for this year to 2.5%-4.0% from a previous forecast of 2.5%-4.5% due to the impact of the Russia-Ukraine war on global growth and energy prices.

The euro weakened on Tuesday with the Swiss franc and the Swedish crown the winners as French election worries and the chance of more sanctions against Russia unnerved investors.

MILAN (Reuters) -The chances of U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) appeared to fade further on Tuesday, with the two sides deadlocked over access to the company's books.

India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said.

The Australian dollar jumped to a nine-month high on Tuesday after the country's central bank signalled higher interest rates were closer, while the euro languished near a one-week low, weighed down by the prospect of new sanctions against Russia.