BROUGHT
TO YOU BY
ASSOCIATE
SPONSORS
Wednesday, July 1, 2015 | Latest E-book
You are here:

5 mins ago

Euro burdened by Greece, uncertainty high | Reuters

SYDNEY The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action in markets. Still, it surprised no one when the International Monetary Fund confirmed Greece had missed a payment on its debt, perhaps taking it a step closer to an exit from the euro #Business #Europe #Hong Kong #India #Middle East #South Korea #Technology

5 mins ago

Euro burdened by Greece, uncertainty high | Reuters

SYDNEY The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action in markets. Still, it surprised no one when the International Monetary Fund confirmed Greece had missed a payment on its debt, perhaps taking it a step closer to an exit from the euro. The IMF said Greece had asked for a last-minute repayment extension earlier on Tuesday, which the Fund's board would consider "in due course." European finance ministers will confer later on Wednesday over Greek Prime Minister Alexis Tsipras' request for a new two-year loan to pay debts that amount to nearly 30 billion euros #Australia #India #Japan #Latin America #markets #opinion #Technology

35 mins ago

Euro on defensive as Greece misses IMF debt deadline | Reuters

SYDNEY The euro got off to a cautious start in Asia on Wednesday with Greece's fate still hanging in the balance after it became the first advanced economy to ever be in arrears to the International Monetary Fund. The common currency eased 0.2 percent to $1.1128 EUR= , having suffered a 0.8 percent drop on Tuesday #Japan #markets #Middle East #Technology #United Kingdom #United States

50 mins ago

Unit back online after upset at Essar’s Stanlow, England refinery | Reuters

An unspecified unit was brought back online after a brief malfunction at Essar's 245,000 barrel per day Stanlow refinery in northern England on Tuesday, a company spokesman told Reuters. "A compressor on a production line at the Stanlow refinery tripped," the spokesman added #author #events #France #India #markets #Mexico #United States

Jul 1, 2015

U.S.-Cuba deal to restore ties to be unveiled on Wednesday | Reuters

WASHINGTON The Obama administration on Wednesday will announce it has reached an agreement with Cuba to reopen embassies and restore diplomatic relations severed more than five decades ago, U.S. officials said on Tuesday. #Argentina #Entertainment #India #Middle East #science #Technology #United Kingdom

Jul 1, 2015

Greece defaults on IMF payment despite last-minute overtures to creditors | Reuters

ATHENS Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund. The left-wing Greek government had asked European partners for a two-year aid package to cover its financing needs. Later on Tuesday, Greece's Finance Minister Yanis Varoufakis indicated on a call with European counterparts that Athens might scrap a controversial July 5th referendum if a deal was reached, according to euro zone sources. #function-check #function-shr #table #var-local #var-web #webtrends-multi

Jul 1, 2015

Greece defaults on IMF payment despite last-minute overtures to creditors | Reuters

ATHENS Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund. The left-wing Greek government had asked European partners for a two-year aid package to cover its financing needs #function-check #function-shr #table #var-local #var-paragraph #WebTrends

Jul 1, 2015

U.S.-Cuba deal to be unveiled on Wednesday to restore ties | Reuters

WASHINGTON The Obama administration on Wednesday will announce it has reached an agreement with Cuba to reopen embassies and restore diplomatic relations severed more than five decades ago, U.S. officials said on Tuesday #function-check #function-shr #var-local #var-symbol #WebTrends #webtrends-multi

Jul 1, 2015

KKK plans South Carolina rally as Confederate flag debate continues | Reuters

CHARLESTON, S.C. The Ku Klux Klan plans to hold a pro-Confederate flag rally at South Carolina's capitol, where a statue of a former state governor who championed white supremacy was vandalised on Tuesday amid scrutiny of symbols associated with slavery #Business #Crime #Latin America #science #United States

Jul 1, 2015

Hong Kong expects large pro-democracy rally as it marks 1997 handover | Reuters

HONG KONG Some seven months after Hong Kong police forcibly cleared pro-democracy street protesters from the streets, tens of thousands of people are expected to rally for free elections on Wednesday as the city marks the 18th anniversary of its return to China. A morning flag-raising ceremony will be attended by China's most senior official in Hong Kong, Zhang Xiaoming, who said this week the city should shift its focus from political reform and concentrate instead on economic development. Thousands of police will be on standby for the annual march marking the 1997 handover from Britain to China, media said, as tensions remain high following clashes over the weekend between pro-democracy activists and supporters of the central government in Beijing #Business #China #Entertainment #Europe #Latin America #Middle East #United Kingdom