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Thursday, July 9, 2015
Asian equities tumbled Wednesday as a collapse in Chinese shares began to contaminate other markets, and after European leaders slapped Greece with a deadline to submit fresh bailout reform proposals.
Traders piled into the yen Wednesday as France's top central banker warned of "chaos" if Greece and its creditors cannot reach a bailout deal, while a Chinese stock market rout aggravated market jitters.
Oil fell in Asia Monday as investors digested the implications of Greece rejecting tough austerity demands from creditors which could send the debt-strapped nation crashing out of the eurozone, analysts said.
Wednesday, July 8, 2015
LatAm, Europe cab drivers team up against Uber
Taxi driver associations from Latin America and Europe teamed up Monday in their campaigns against Uber and Cabify, following sometimes violent protests over the ride-booking apps.
Japanese and Australian stocks bounced Tuesday from the previous day's Greece-fuelled sell-off, but Shanghai and Hong Kong sank again as analysts warned Chinese measures to staunch a recent mainland rout will likely not be enough.
The euro held steady Tuesday as European leaders prepare for a summit after Greece at the weekend voted against accepting more austerity measures, pushing the country closer to a eurozone exit.
Oil rebounded in Asia Tuesday on bargain-hunting after prices plunged a day earlier as Greek defiance against austerity measures imposed by its creditors sparked turbulence in global markets.
Tuesday, July 7, 2015
Asian equities fell Monday after Greece overwhelming rejected further austerity measures, pushing it closer to a eurozone exit, while Shanghai underwent another day of volatility as China introduced a raft of measures to shore up the slumping market
Oil fell in Asia Monday as investors digested the implications of Greece rejecting tough austerity demands from creditors which could send the debt-strapped nation crashing out of the eurozone, analysts said.
The euro rose Monday after Greece's Finance Minister Yanis Varoufakis announced his shock resignation, just hours after the cash-strapped nation rejected creditors' austerity demands in a landmark weekend referendum.
  
  
  
  
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