Wednesday, July 1, 2015
Asian markets rebounded Tuesday after the previous day's rout fuelled by concerns about Greece's future in the eurozone while Shanghai surged at the end of a volatile day that saw wild swings.
The euro eased in Asian trade on Tuesday, hours before a debt repayment deadline that Greece is expected to miss, putting it in default and fanning fears it will crash out of the eurozone.
Oil prices dropped Monday, joining other global markets in retreat on the looming threat of a Greek debt default.
Tuesday, June 30, 2015
Envoys of governments that plan to join a mainland China-led Asian bank endorsed a structure Monday that gives Beijing the biggest voting stake at the start but no veto power.
European stocks dropped on Monday as investors feared Greece could be heading for a eurozone exit, while fallout from the Tunisia attacks hit the travel sector.
Oil prices dropped on Monday, tracking a sell-off in global equity markets and the euro caused by fears of a Greek debt default, analysts said.
The European single currency briefly dropped below US$1.1 on Monday as investors grow concerned Greece is headed for a debt default and a possible eurozone exit.
Monday, June 29, 2015
Greece's five-year financial crisis took its most dramatic turn yet, with the cabinet deciding after an 8-hour session that Greek banks would remain shut for six business days and restrictions would be imposed on cash withdrawals.
Friday, June 26, 2015
Saudi Arabia signed agreements worth billions of dollars on Wednesday to buy helicopters, Airbus jets and two possible nuclear reactors from France.
Asian markets turned negative Thursday on concerns about Greece's debt reform after talks between the country's officials and creditors fell apart and its leader accused them of rejecting his proposals.1 Comment