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European stocks, bonds shaken by Greek turmoil
LONDON (Reuters) - European shares sank almost 4 percent and government bond yields in Italy, Spain and Portugal jumped on Monday as investors priced in a growing risk that Greece will be the first country to leave the euro.
Posted on : 2015-06-29 08:25:23
China to hold some veto powers in new Asian bank
BEIJING (Reuters) - China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), its finance ministry said on Monday, giving it a veto in some key decisions despite Beijing insisting it will not have such powers.
Posted on : 2015-06-29 08:24:44
Tech Mahindra shares hit over one-year low on Q1 warning
REUTERS - Shares of Tech Mahindra Ltd dropped almost 7 percent to a more than one-year low on Monday after the IT firm warned of a weak first quarter, partly due to higher U.S. visa sponsorship costs for its employees.
Posted on : 2015-06-29 08:06:10
BSE Sensex falls more than 400 points on Greece worry
MUMBAI (Reuters) - The BSE Sensex fell as much as 2.2 percent on Monday as Greece looked set to default on its debt repayment this week, sparking concerns about foreign selling in emerging markets.
Posted on : 2015-06-29 07:19:18
Greece crisis may have indirect impact on India: finance secretary
NEW DELHI (Reuters) - The financial crisis in Greece may have an indirect impact on India and the government is in touch with the Reserve Bank to deal with the situation, Finance Secretary Rajiv Mehrishi said on Monday.
Posted on : 2015-06-29 07:08:47
NPCI, Japan's JCB to partner on payment cards
MUMBAI (Reuters) - National Payments Corporation of India (NPCI) and JCB International Co. Ltd, a subsidiary of Japan's JCB Co. Ltd., are entering into a partnership for payment cards issuance and acceptance.
Posted on : 2015-06-29 06:36:24
Euro, stocks slide as Greece edges closer to default
TOKYO (Reuters) - The euro fell almost 2 percent on Monday and European share markets looked set to eclipse big declines in Asia, as investors were spooked by the spectre of a Greek debt default which forced Athens to shut down its banks to prevent a run on deposits.
Posted on : 2015-06-29 06:16:54
Indian markets fall more, 10-year bond yield at two-week high on Greece worry
MUMBAI (Reuters) - Indian markets fell further on Monday, in line with Asian peers on rising concerns of a Greece default.
Posted on : 2015-06-29 05:52:31
BSE Sensex falls nearly 600 points
MUMBAI (Reuters) - India's stock markets fell nearly 2 percent on Monday as Greece looked set to default on its debt repayment this week, sparking concerns about foreign selling in emerging markets.
Posted on : 2015-06-29 05:27:42
Exclusive: Amazon to offer loans to sellers in China, seven other countries
CHICAGO (Reuters) - Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share.
Posted on : 2015-06-29 05:06:08
Gold gets safe-haven boost on Greek fears, equities slump
SINGAPORE (Reuters) - Gold jumped along with other safe-haven assets on Monday after the Greece debt crisis took a turn for the worse over the weekend, with Athens looking more likely to default and exit the euro zone.
Posted on : 2015-06-29 04:45:43
China to hold slightly over 30 percent of new development bank
BEIJING (Reuters) - China will hold a 30.34 percent stake in the Asian Infrastructure Investment Bank (AIIB), the Finance Ministry said on Monday, making Beijing the largest shareholder in a multilateral institution that will project the country's growing soft power.
Posted on : 2015-06-29 04:13:55
Sensex falls nearly 2 percent, bonds retreat on Greece worries
MUMBAI (Reuters) - India's stock markets fell nearly 2 percent on Monday and bond yields rose as Greece looked set to default on its debt repayment this week, sparking concerns about foreign selling in emerging markets.
Posted on : 2015-06-29 03:55:51
Euro, stocks slide on looming Greece default
TOKYO (Reuters) - The euro fell almost 2 percent and share prices tumbled across Asia on Monday as Greece looked set to default on its debt repayment this week, forcing Athens to impose capital controls to halt bank runs.
Posted on : 2015-06-29 03:52:21
China says to hold 30.34 pct stake in AIIB development bank
BEIJING (Reuters) - China will hold a 30.34 percent stake in the Asian Infrastructure Investment Bank (AIIB), the Finance Ministry said on Monday, making Beijing the largest shareholder in a bank that is expected to project the country's growing influence.
Posted on : 2015-06-29 02:52:39
Euro, stocks plunge as Greece seen on course to default
TOKYO (Reuters) - The euro fell almost 2 percent and share prices tumbled across Asia on Monday as Greece looked set to default on its debt repayment this week, forcing Athens to impose capital controls to halt bank runs.
Posted on : 2015-06-29 02:44:25
Factbox: How much Greece owes to international creditors
BRUSSELS (Reuters) - Greece, which may default on an International Monetary Fund debt repayment due on Tuesday after talks with creditors broke down, owes its official lenders 242.8 billion euros ($271 billion), according to a Reuters calculation based on official data, with Germany by far the largest creditor.
Posted on : 2015-06-29 02:42:01
Insight: Cautious Merkel on verge of biggest risk with "Grexit"
BERLIN (Reuters) - "If you break it, you own it," former U.S. Secretary of State Colin Powell warned President George W. Bush before his invasion of Iraq.
Posted on : 2015-06-29 02:39:09
China's banks dominate rankings for profits, strength
LONDON (Reuters) - China's banks are strengthening their position as the best capitalised and biggest profit makers in the world, a study showed on Monday.
Posted on : 2015-06-29 02:33:57
Gold gets safe-haven boost on Greek fears, stocks slump
SINGAPORE (Reuters) - Gold jumped 1 percent on Monday as investors sought safety in the metal after the Greece debt crisis took a turn for the worse over the weekend, with Athens looking more likely to default and exit the euro zone.
Posted on : 2015-06-29 02:27:41
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