News
Oil down 1 percent; U.S. crude near six-and-a-half-year low on Japan, China
Oil fell about 1 percent on Monday, with U.S. crude settling within range of a new 6-1/2-year low, after No. 3 oil consumer Japan said its economy contracted in the second quarter and China's slowdown continued to weigh on sentiment
News
Euro ministers give blessing to Greek bailout, wooing IMF on debt
Euro zone finance ministers have agreed to lend Greece up to 86 billion euros ($96 billion) after Greek lawmakers accepted their stiff conditions despite a revolt by supporters of leftist Prime Minister Alexis Tsipras.
News
Euro working group recommends 23 billion euro initial tranche to Greece
European officials have recommended that euro zone finance ministers disburse an initial 23 billion euros ($25.56 billion) in a first aid tranche to Greece under its new bailout deal, a Greek official said on Friday.
News
Greek economy surprises, returns to growth in second quarter
Greece's economy unexpectedly returned to growth in the second quarter despite political turmoil and the threat of a Greek euro zone exit, data showed on Thursday.
News
China central bank says halts 'regular' yuan intervention, will manage volatility
China's central bank has stopped "regularly" intervening in the foreign exchange market but could still conduct "effective management" of the yuan in cases of extreme volatility, its vice governor said, as policymakers tried to stem selling this week.
News
Russia adds four new countries to food import ban list
Russia has added Albania, Montenegro, Liechtenstein and Iceland to a list of countries from which it has banned most food imports in retaliation for Western sanctions over the Ukraine crisis, Russian Prime Minister Dmitry Medvedev said on Thursday.
News
Greek bailout bill submitted to parliament for approval
Greece's government submitted a bill outlining a three-year bailout program to parliament on Wednesday, pushing for quick approval that would pave the way for rapid disbursement of aid.
News
China lets yuan fall further, fuels fears of currency war
China's yuan fell to a four-year low on Wednesday, slumping for a second day, after the central bank devaluation on Tuesday, and sources said the government may let the currency slide even further to help exporters.
|
