Global Markets

Greece votes in referendum with future in euro in doubt


ATHENS - Greeks voted on Sunday whether to accept or reject the tough terms of an aid offer to stave off financial collapse, in a referendum that may determine their future in Europe’s common currency.

China curbs IPOs, enlists brokers in all-out bid to end market rout

BEIJING/SHANGHAI - Beijing intensified efforts at the weekend to pull China's stock markets out of a nose-dive that is threatening the world's second-largest economy, with top brokerages pledging to buy massive amounts of shares and a report that the government has set up a market stabilization fund.

8:17am BST

European bonds and stocks on the defensive before tight Greek vote

LONDON - European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go either way.

03 Jul 2015

Exclusive: Europeans tried to block IMF debt report on Greece: sources

BRUSSELS - Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday.

03 Jul 2015

Oil slides in thin trade on rising U.S. rig count

- Oil prices dropped on Friday as a rising U.S. rig count stoked more concerns about global oversupply while an investigation by Chinese regulators into suspected stock market manipulation further unsettled the market.

03 Jul 2015

China hunts for 'manipulators' as stocks tumble

SHANGHAI - Chinese stocks tumbled again on Friday, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a full-blown crash. | Video

03 Jul 2015
World Markets

European shares set for biggest weekly drop in two months, Greece in focus

LONDON, July 3 - European shares edged down towards their biggest weekly fall in two months on Friday, with focus on a crucial vote in Greece over its debt negotiations at the weekend.

US STOCKS-Wall St edged down on Greece worries, tepid U.S. data

* Indexes down: Dow 0.16 pct, S&P 0.03 pct, Nasdaq 0.08 pct (Updates with market close, commentary)

Nikkei inches up as banking shares rise, Greek vote awaited

TOKYO, July 3 - Japan's Nikkei share average inched up on Friday, paring earlier losses thanks to gains by banking sector shares and other large-caps, although caution ahead of a weekend Greek national vote limited overall action. Banking stocks rose across the board, lifted by a report that Sumitomo Mitsui Financial Group will create targets this fall to reduce cross-shareholdings. The Nikkei share average rose 0.1 percent to 20,539.79 after losing as much as 0.4 percent.

Hong Kong shares close down on China market meltdown, Greek debt crisis

July 3 - Hong Kong stocks fell on Friday, with sentiment soured by slumping shares in China and the Greek debt crisis.

03 Jul 2015
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