Euro pressured, oil slide a boon for bonds
The euro was pinned near nine-year lows on Wednesday as investors wagered the European Central Bank was just a week away from launching a new stimulus campaign.
Jan 14, 2015, 08:54 AM IST
Greece could exit euro `by accident` finance minister warns
Greece could exit the euro by accident, Finance Minister Gikas Hardouvelis said Tuesday in a new warning of what could happen if anti-austerity leftist party Syriza wins the election later this month.
Jan 13, 2015, 18:38 PM IST
Euro dips as market eyes possible ECB stimulus
The euro dropped somewhat against the dollar and other currencies Monday on expectations the European Central Bank could soon enact monetary stimulus.
Jan 13, 2015, 05:01 AM IST
Weighing the costs for Europe if Greece exits the euro
A Greek exit from the eurozone would certainly come at a cost to Europe, but just how expensive would it be?
Jan 11, 2015, 12:22 PM IST
Global stocks and dollar rise after Fed, euro near nine-year low
The dollar hit a new nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday, as a confident sounding Federal Reserve added to hopes of aggressive new stimulus this month from the European Central Bank.
Jan 08, 2015, 15:58 PM IST
Berlin prepares for possible Greek exit from euro: Report
Germany has made preparations for the possibility of Greece leaving the eurozone, including any run on Greek banks, a German newspaper reported Wednesday without giving its sources.
Jan 07, 2015, 16:24 PM IST
Euro hits nine-year low as Brent oil goes below $50
The euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt.
Jan 07, 2015, 10:25 AM IST
EU parliament head berates "irresponsible" Merkel over Greek plight
EU Parliament president Martin Schulz on Wednesday accused German Chancellor Angela Merkel of "irresponsible speculation" over suggestions that Greece may be allowed to exit the euro if the far-left wins elections this month.
Jan 07, 2015, 07:28 AM IST
Elections, bankruptcy, bank runs: The (unlikely) scenario of a `Grexit`
A government which refuses to pay its debts, bank runs and investors fleeing: that is what a Greek exit from the euro, or a `Grexit`, would look like according to economists, although most still believe it is unlikely.
Jan 07, 2015, 01:38 AM IST
Asian stocks sink, euro near nine-year low
Tokyo`s Nikkei led an Asian share slump Tuesday following painful losses in New York and Europe, with fears sparked by the global slump in oil prices and the Greek political crisis.
Jan 06, 2015, 17:05 PM IST
Asian stocks sink, euro near nine-year low
The euro sat near nine-year lows as the uncertainty in Greece raised the prospect it could leave the eurozone.
Jan 06, 2015, 13:02 PM IST
Euro falls to nine-year low; Greece and ECB in focus
The euro fell to $1.18605 in early Asian trading on Monday, its weakest level since March 2006. In early European trade it was at $1.1964, down 0.3 percent from late U.S. trade on Friday.
Jan 05, 2015, 09:58 AM IST
Asia stocks mixed, euro hits 9-year low against dollar
Asian markets were mixed Monday as the first full week of 2015 got under way, while the euro hit a nine-year low against the dollar at one point on growing expectations of fresh European Central Bank stimulus.
Jan 05, 2015, 08:40 AM IST
Euro falls to $1.20 as Draghi points to more stimulus
The euro sank to $1.20 Friday, its lowest level against the greenback since May 2010, as European Central Bank chief Mario Draghi reiterated the possibility of more stimulus coming.
Jan 03, 2015, 06:09 AM IST
Lithuanian `aviator` bill gains wings in gay circles
Lithuania abandoned the litas on Thursday when it became the 19th country to adopt the euro but at least one of the old bills is still in vogue, a gay activist said on Friday.
Jan 03, 2015, 04:35 AM IST
Euro starts new year at new lows, oil tries to bounce
The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, underlining the U.S. dollar`s rate advantage.
Jan 02, 2015, 08:51 AM IST
European stocks slide on lower oil prices, Greece
European stock markets fell on Tuesday as traders reacted to further declines in oil prices and political turmoil in Greece which pushed the euro to a 29-month low.
Dec 30, 2014, 23:28 PM IST
Lithuania adopts euro to cement ties with the West
Lithuania hopes joining the eurozone on January 1 will boost its security at a time of heightened anxiety over Russia, but many in the Baltic state fear the currency switch will also bring price hikes.
Dec 29, 2014, 09:50 AM IST
Dollar holds up in Asia on US rate expectations
The dollar held steady in slow Asian trade on Monday, underpinned by expectations that US Federal Reserve will raise interest rates before other central banks.
Dec 22, 2014, 09:43 AM IST
Russian ruble crisis sparks run on Belarus currency
Belarussians were in a panic on Friday over the Russian ruble`s plunge, rushing to convert their savings to dollars and euros as they fear a devaluation of their currency.
Dec 19, 2014, 22:42 PM IST
