Global Markets

Euro, stocks slide as Greek 'No' vote heightens euro exit fears

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SYDNEY/TOKYO - The euro and stock prices fell sharply in Asia on Monday after the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in the single currency.

Euro markets set for major jolt after Greek 'No', look to ECB for calm

LONDON - European stock and bond markets are set to take a sharp hit on Monday after Greece voted 'No' to harsh bailout conditions, and bankers said the European Central Bank's response was now key to the extent of contagion.

05 Jul 2015

U.S. crude falls after Greek votes no to bailout

TOKYO - Oil prices slumped in early Asian trade on Monday after Greeks rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country's euro zone membership into further doubt.

1:22am BST

Euro depressed by Greek 'No' vote, markets volatile

SYDNEY - The euro fell on Monday, while the safe-haven yen rallied after Greeks voted to reject terms of a rescue package, deepening the country's financial crisis that could splinter Europe if creditors refuse further aid.

1:11am BST

BOJ's Kuroda says Japan financial system remains stable

TOKYO - Bank of Japan Governor Haruhiko Kuroda said on Monday that while Japan's financial system remained stable, the central bank will monitor market developments in the wake of Greece's referendum that voted against European bailout terms.

1:38am BST

China state media see a 'rainbow' after latest steps to stabilize slumping stocks

SHANGHAI - China's state media expressed confidence on Monday that an unprecedented flurry of support measures announced over the weekend would stabilize the country's slumping stock market.

1:42am BST
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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