Asia stocks climb after Wall St record, eyes on Greek talks
Asian markets advanced on Monday following a record close on Wall Street, while Greece`s leadership said it was upbeat that it could hammer out a new debt deal with its European creditors.
Feb 16, 2015, 08:33 AM IST
Greece agrees to talk to creditors in EU debt progress
Greece agreed on Thursday to talk to its creditors about the way out of its hated international bailout in a political climbdown that could prevent its new leftist-led government running out of money as early as next month.
Feb 13, 2015, 09:20 AM IST
ECB lifts amount of emergency lending available to Greek banks
The European Central Bank has increased the volume of emergency liquidity available to Greek banks to USD 74 billion, bank sources said.
Feb 12, 2015, 23:59 PM IST
Asian markets mostly down as Greece talks break up
The euro slipped in Asian trade on Thursday while most equity markets sank after talks between Greece and its European creditors on restructuring the country`s bailout broke up without agreement.
Feb 12, 2015, 08:15 AM IST
Greek banks` solvency not at risk: ECB council member
Greek banks are not currently at risk of running out of money, a member of the European Central Bank`s decision-making governing council said in an interview published Wednesday.
Feb 11, 2015, 17:25 PM IST
G20 pledges decisive monetary, fiscal action if needed
The Group of 20 (G20) leading economies will pledge to act decisively on monetary and fiscal policy if needed to combat the risk of persistent stagnation, according to a draft communique obtained by Reuters on Tuesday.
Feb 10, 2015, 08:49 AM IST
Isolated Greece wants no more bailout money with strings
Greece`s new leftist-led government, isolated in the euro zone and under pressure from the European Central Bank, said on Friday it wanted no more bailout money with strings attached from the European Union and International Monetary Fund.
Feb 07, 2015, 03:29 AM IST
Global stocks gain as oil rises; euro up Vs Swiss franc
Stock markets around the world mostly rose on Thursday as crude oil rebounded, although caution remained following the European Central Bank`s surprise decision to strike Greek bonds off its list of accepted collateral.
Feb 06, 2015, 04:25 AM IST
Greek, German ministers clash as ECB snub hits Athens' banks
Greece`s new leftist finance minister clashed openly with his powerful German counterpart on Thursday as Athens` borrowing costs leapt and bank shares plunged following the European Central Bank`s decision to stop funding the country`s lenders.
Feb 06, 2015, 03:10 AM IST
Greece pins hopes on ECB for financial lifeline
Greece is counting on the European Central Bank to continue to supply its banks with cash while Athens battles with its European partners and creditors over the terms of its bailout.
Feb 02, 2015, 23:23 PM IST
Asian shares slip after US, China data
Oil prices plunged again after enjoying a strong rally on Friday, while the euro ticked up, despite falling eurozone prices and ongoing concerns about Greece`s bailout face-off with its international creditors.
Feb 02, 2015, 09:25 AM IST
Greece to shun auditors of EU-ECB-IMF 'troika'
Greece was headed for a collision with its lenders, with the government announcing its intention to shun the auditors of the European Union (EU)--European Central Bank (ECB)--International Monetary Fund (IMF) "troika".
Jan 31, 2015, 14:41 PM IST
ECB urges `prudence` from banks on dividends
The European Central Bank (ECB) recommended Thursday that banks err on the "conservative" side or even refrain from paying out dividends this year to help shore up their finances.
Jan 29, 2015, 19:58 PM IST
ECB QE could cause 'competitive depreciation': China
The ECB last week unveiled a programme to buy 60 billion euros ($68 billion) of private and public bonds each month starting in March, a move intended to ward off deflation in the eurozone.
Jan 29, 2015, 12:04 PM IST
ECB cannot accept debt relief for Greece: Board member
The European Central Bank cannot take part in any debt cut for Greece, one of its executive board members, Benoit Coeure, said in a newspaper interview published on Monday.
Jan 26, 2015, 13:30 PM IST
Sensex, Nifty end the week on fresh highs
The benchmark S&P BSE Sensex rallied to a life time intra-day high of 29,408.73 before settling at record of 29,278.34, gaining 1,156.45 points or 4.11 percent over preceding weekend close.
Jan 24, 2015, 15:23 PM IST
Wall Street rides higher in week helped by ECB
The Dow Jones Industrial Average put on 0.9 percent to end the week at 17,672.60, and the broader S&P 500 rose 1.6 percent to 2,051.82.
Jan 24, 2015, 09:33 AM IST
Nifty scales 8,800 mark on ECB stimulus
The spectacular bull-run remained unabated on Indian bourses driven by investors' growing optimism on improving macro factors, lifting the NSE Nifty to close above the 8,800-mark for the first time.
Jan 23, 2015, 23:01 PM IST
ECB liquidity drive to offset Fed tapering impact: BofA-ML
Foreign brokerage Bank of America-Merrill Lynch (BofA-ML) Friday said ECB's over USD 1 trillion injection will support investor inflows into the country and the Reserve Bank will use the same to recoup forex reserves.
Jan 23, 2015, 20:28 PM IST
ECB easing lifts shares and bonds, but euro tumbles
The European Central Bank`s plan to pump out about 1 trillion euros to revive the euro zone economy put stocks in the region on track for their best week since 2011 but hammered the shared currency.
Jan 23, 2015, 20:25 PM IST
