Analysis - China's offshore yuan market spurs FX volatility
SHANGHAI - After two years of promoting greater international use of the yuan, China has a currency -- like it or not -- that is influenced more than ever by the fickleness of global markets.
Greek bondholders set for 74 percent loss
LONDON/FRANKFURT - Banks are set to lose almost three-quarters of the value of their Greek government bonds under a deal agreed early on Tuesday, people familiar with the matter said, although enough are expected to agree to the write-off for it to scrape through.
Exclusive-ECB mulls losses on Greek bonds held by national banks
ATHENS/FRANKFURT - The European Central Bank is weighing up whether to allow the Greek bonds held in national euro zone central banks' investment portfolios to be subjected to the same writedowns private investors are set to take, central bank sources told Reuters.
Default experts: the Greek sovereign debt gods
LONDON - When a bankrupt Mexico stopped repaying foreign loans in 1861 after three years of civil war, Great Britain, France and Spain responded by invading the Mexican harbour of Veracruz.
Analysis - China bid to boost growth a surprise in timing only
BEIJING - Any surprise at the timing of China's move this weekend to spur bank lending may be misplaced. Instead, investors should recognise that China is determined to engineer a soft landing for the world's second-biggest economy. | Video
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