Euro

Asian shares, dollar up on US Fed's economic optimism

Japan`s Nikkei rose 0.8 percent while Australian shares tacked on 0.3 percent and South Korean shares gained 0.2 percent. 

Jul 30, 2015, 08:45 AM IST

Asian stocks hit 3-week lows as China gloom spreads

MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.8 percent in early deals, its lowest level since July 9 as mainland Chinese indexes opened 2- 5 percent lower.

Jul 28, 2015, 08:23 AM IST

Asian shares broadly softer as Fed looms

Japan`s Nikkei slipped 0.5 percent, while MSCI`s broadest index of Asia-Pacific shares outside Japan lost 0.8 percent.

Jul 27, 2015, 08:36 AM IST

Asian slips after tech stocks weigh on Wall Street, dollar rebounds

Tokyo`s Nikkei rose 0.4 percent on a weaker yen, while Australian shares were flat 0.2 percent.

Jul 23, 2015, 08:40 AM IST

Euro firms after Greece passes bailout reforms

The euro traded higher against the dollar and the yen on Thursday as Greece`s parliament passed legislation on reforms crucial to securing bailout funds from its creditors.

Jul 23, 2015, 08:29 AM IST

''Brexit'' fears haunt London's roaring trade in euros

The capital of euro trading prospers outside the euro zone, but London`s dominance of the $5.3 trillion-a-day foreign exchange market could wane if Britain left the European Union.

Jul 22, 2015, 21:23 PM IST

Asian stocks mostly up, dollar pushes higher

Shanghai led the gains but was undergoing some fresh volatility as more firms trade again after being suspended at the height of the latest stock crisis that wiped billions off mainland valuations.

Jul 20, 2015, 08:32 AM IST

Greece`s Eurobank to buy Alpha Bank branches in Bulgaria: Source

Greece`s Eurobank will buy out the Bulgarian branches of another top Greek lender Alpha Bank for the symbolic price of one euro, a Eurobank source said Friday.

Jul 17, 2015, 18:25 PM IST

Eurozone inflation outlook brighter: ECB survey

The inflation outlook for the euro area is improving as growth picks up and the effects of the European Central Bank`s policy measures feed through into the economy, an ECB survey showed on Friday.

Jul 17, 2015, 15:38 PM IST

Asian stocks rally, EU leaders talk Greek compromise

The moves were mild amid news Euro zone leaders had met through the night to discuss a compromise proposal on a third bailout for Greece. 

Jul 13, 2015, 11:23 AM IST

Euro slips, bonds bid as Greece drama drags on

The moves were mild, with investors wary of over reacting after having seen so many deadlines come and go with no resolution of the crisis in Greece.

Jul 13, 2015, 08:13 AM IST

Euro zone summit aims to keep Greece in single currency

In return, leftist Prime Minister Alexis Tsipras will be required to enact key legislation in parliament on Monday to start restoring the broken trust of his partners in the 19-nation currency union to win a third bailout, ministers said.

Jul 12, 2015, 17:50 PM IST

Overwhelming majority of Greeks want to keep euro, poll shows

The poll by Metron Analysis for Parapolitika newspaper showed that although the overwhelming majority of those polled want to remain in the single currency, 55 percent said it was the right choice to vote `No` in last weekend`s referendum on tough austerity measures. 

Jul 11, 2015, 00:18 AM IST

Overwhelming majority of Greeks want to keep euro, poll shows

A total of 84 percent of Greeks want to keep the euro, an opinion poll released on Friday showed, with just 12 percent favouring a return to the drachma, as the country races to clinch a cash-for-reforms deal with its creditors.

Jul 10, 2015, 22:56 PM IST

Gold clings above four-month low on euro, but eyes third weekly drop

Gold held above a four-month low on Friday, spurred by a firmer euro on signs of progress in debt-hit Greece`s efforts to secure fresh funding.

Jul 10, 2015, 10:06 AM IST

Asian markets pare losses as Shanghai, Hong Kong bounce

Shellshocked traders have been sent scurrying as the crisis in China, which has wiped trillions off of valuations, combine with fears about Greece`s future in the eurozone.

Jul 09, 2015, 08:42 AM IST

Slumping China stocks pull down Asian markets, boost safe-haven yen

MSCI`s broadest index of Asia-Pacific shares outside Japan extended its early losses after Chinese shares opened sharply lower, and was last down 2.5 percent.

Jul 08, 2015, 08:20 AM IST

Euro resilient as hopes of Greek aid deal persist

The euro steadied early on Wednesday, having climbed off a five-week trough in line with a rebound in risk assets as the latest emergency meeting of European leaders ended with a sliver of hope still left for Greece.

Jul 08, 2015, 08:16 AM IST

EU`s Juncker wants `to avoid Grexit`

European Commission head Jean-Claude Juncker said Tuesday he was against an exit by Greece from the euro, even though Greeks massively rejected bailout terms in a referendum this weekend.

Jul 07, 2015, 13:48 PM IST

Greece faces last chance to stay in euro as cash runs out

Greek Prime Minister Alexis Tsipras had a final chance to present credible reform proposals to an emergency euro zone summit on Tuesday to persuade sceptical creditors to reopen aid talks before his country`s banks run out of money.

Jul 07, 2015, 12:46 PM IST