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Top news of the day, June 02

June 2nd, 2015 (0)
Latest news: 1. European leaders and the head of the International Monetary Fund agreed to step up the intensity of talks over Greece’s fate after an extraordinary meeting in Berlin about ways to avert a default. The top-level huddle ...

European Leaders Deciding On Greece’s Fate Agree That Talks Must Intensify

June 2nd, 2015 (0)
European leaders and the head of the International Monetary Fund agreed to step up the intensity of talks over Greece’s fate after an extraordinary meeting in Berlin about ways to avert a default. The top-level huddle lasted past midnight ...

Asian stocks down as markets weigh Greece, US growth

June 2nd, 2015 (0)
Asian stocks drifted lower Tuesday as markets weighed a possible rebound in U.S. growth against doubts about Greece‘s ability to make debt payments and stay in the euro currency bloc. KEEPING SCORE: Japan’s Nikkei 225 was down 0.1 percent ...

China to Ease Limits on Overseas Investments

May 29th, 2015 (0)
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it ...

G7 finance chiefs discuss growth risks, urge deal on Greece

May 28th, 2015 (0)
* Growth worries top agenda for G7 finance chiefs * Market volatility adds to risks for global recovery * G7 officials discussing Greece on sidelines of talks * U.S. presses Europe, IMF to show flexibility on Greece * IMF, ...

Athens, creditors offer conflicting views on negotiations

May 28th, 2015 (0)
Greek Prime Minister Alexis Tsipras said Wednesday that a deal with creditors was “close” and government officials said an agreement was being drafted but representatives of the country’s creditors made it quite clear that they do not share such ...

Bank of Israel leaves June interest rate unchanged

May 26th, 2015 (0)
The Bank of Israel has left the rate unchanged at an historic low of 0.1% for the third consecutive month. The Bank of Israel Monetary Committee headed by Governor Dr. Karnit Flug has kept the interest rate for June unchanged at ...

Debt talks resume amid concerns over differences, looming repayment, political upheaval

May 26th, 2015 (0)
Government officials on Monday expressed confidence that Greece was close to a deal with creditors that would allow loans to be unlocked but pressure is growing on Prime Minister Alexis Tsipras from abroad and on the domestic front. The ...

Asian shares turn higher as China rallies, dollar up

May 26th, 2015 (0)
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. European shares marked a weak finish in ...

BRICS to establish new multi-currency financial order

May 25th, 2015 (0)
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...
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