Euro edges lower ahead of euro zone summit on Greece
The euro edged slightly lower in early Asian trading on Tuesday, but remained well off lows touched in the previous session ahead of a euro zone summit that investors hope might offer a way for Greece to climb out of its debt crisis.
Jul 07, 2015, 09:09 AM IST
Asian markets mostly up but Shanghai tumbles again
The euro held its ground after Greece`s weekend vote against creditors` austerity proposals, with dealers hoping contagion will be limited if a bailout reform deal cannot be reached.
Jul 07, 2015, 08:25 AM IST
Euro, stocks hit by Greek vote; China bounces after rescue moves
Asian stocks and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone.
Jul 06, 2015, 08:46 AM IST
India exports record $5.5 billion worth sea food in FY'15
India exported a record one million tonnes of sea food fetching a foreign exchange of USD 5.5 billion in the last fiscal, the Marine Products Export Development Authority (MPEDA) said Thursday.
Jul 02, 2015, 16:13 PM IST
Euro drops below $1.1 as Greek exit risks grow
The European single currency briefly dropped below $1.1 on Monday as investors grow concerned Greece is headed for a debt default and a possible eurozone exit.
Jun 29, 2015, 07:18 AM IST
Euro slips ahead of crunch weekend in Greece crisis
The euro edged lower Friday ahead of a make-or-break weekend for Greece, with the country under warning to accept the new deal from creditors or be left to default on its debts.
Jun 27, 2015, 07:25 AM IST
Asian stocks fall, euro drifts as Greek crisis deepens
Japan`s Nikkei dipped 0.5 percent. Despite household spending rising more than expected, inflation has remained flat, keeping alive expectations for more central bank stimulus later this year.
Jun 26, 2015, 08:23 AM IST
Euro steady as Greece debt talks stay deadlocked
The euro was little changed against the dollar on Thursday as Greece once again failed to reach a deal with its creditors to avoid a debt default.
Jun 26, 2015, 07:15 AM IST
Asian markets retreat as Greece talks stumble
While both sides agreed to resume talks later in the day, there are fears they could fail to reach an agreement to unlock crucial bailout funds, leaving Athens in default and possibly crashing out of the eurozone.
Jun 25, 2015, 08:30 AM IST
Asia markets up on Greece hopes, ECB easing hits euro
Asian markets rose for a third straight day Wednesday, with Tokyo hitting a more than 18-year high, on confidence Greece will finally hammer out a bailout reform deal with creditors and avert a default.
Jun 24, 2015, 17:29 PM IST
Greece optimism lifts world stocks but strong dollar tempers euro
Signs that a deal could be at hand to stave off a Greek default lifted global shares on Tuesday and cut borrowing costs for euro zone countries seen as most vulnerable to the protracted crisis.
Jun 23, 2015, 15:11 PM IST
Asian shares bolstered by hopes for Greek deal
US stock futures rose about 0.2 percent after Wall Street posted solid gains on Monday, with the Nasdaq Composite closing at a record high.
Jun 23, 2015, 08:47 AM IST
Euro rises on hopes for Greek debt deal
The single currency climbed to $1.1396 and 139.87 yen in Tokyo from $1.1349 and 139.23 yen in New York late Friday. The dollar fetched 122.73 yen against 122.69 yen in US trade.
Jun 22, 2015, 11:05 AM IST
Asian shares rebound on Fed policy hopes, keep eye on Greece
Japan`s Nikkei rose 0.9 percent from a one-month low set on Thursday while MSCI`s broadest index of Asia-Pacific shares outside Japan ticked up 0.2 percent.
Jun 19, 2015, 08:29 AM IST
US Fed disappoints dollar bulls again, NZD hit by weak GDP
Fed officials also saw slightly lower rates at the end of 2016 and 2017 than forecast in March and more policymakers were now in favour of hiking rates only once or not all this year.
Jun 18, 2015, 08:39 AM IST
Asian stocks up, dollar sags after dovish signals from Fed
Wall Street shares inched higher in a choppy session overnight following the Fed`s statements, with the Dow rising 0.17 percent and S&P gaining 0.2 percent.
Jun 18, 2015, 08:34 AM IST
Asian shares, dollar dither as focus turns to Fed
Shares in Shanghai lost another 0.8 percent ahead of a torrent of IPO`s that temporarily could tie up an astonishing 6 trillion yuan ($966.7 billion) of capital.
Jun 17, 2015, 08:32 AM IST
Euro falls amid Greek standoff, dollar up ahead of Fed
The euro fell on Tuesday as it appeared more likely that debt-stricken Greece would default or have to leave the single currency, while the U.S. dollar rose at the start of a meeting by the Federal Reserve.
Jun 16, 2015, 23:25 PM IST
Asian markets subdued on Greek default fears, Fed meeting awaited
MSCI`s broadest index of Asia-Pacific shares outside Japan stood unchanged. Japan`s Nikkei lost 0.3 percent while Australian shares were little changed.
Jun 16, 2015, 08:10 AM IST
Merkel says strong euro hurts fruits of reforms
In the global economy, "a very strong" euro would make it difficult for countries such as Spain and Portugal, which adopted significant reforms during the economic crisis, to "harvest the fruits of those reforms, in exports, for example," Merkel told a congress for family-run businesses in Berlin.
Jun 12, 2015, 17:17 PM IST
