LONDON - If a 'No' in Sunday's referendum eventually takes Greece out of Europe's single currency, any "new drachma" or temporary payment unit could be worth as little as a fifth of the euro now in circulation.
LONDON - Fund firms with even token exposure to Greece hope Athens will soon reopen its stock exchange so they can wave goodbye to the 'guess-work' of valuing their funds.
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.
WASHINGTON - A mixed U.S. jobs report on Thursday may not give Fed chair Janet Yellen the "decisive evidence" of labor market recovery she wants to see before raising interest rates.
LONDON - BP's $18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could make it an acquisition target.
LONDON - Forget gold. In a world of volatile market swings, Greek debt fears and an impending U.S. interest rate hike, one safe haven that has delivered on its promise is UK property.
NEW YORK - Global investors are hedged against a potential exit of Greece from the euro zone ahead of Sunday's referendum, but they're not betting on a huge fallout in financial markets even if there is a negative outcome.
LONDON - Massive downward revisions to oil output in Brazil and Iraq have increased the risks for oil markets of going from the current feast to famine within just a few years, leading to a price spike that would give a new boost to the U.S. shale industry.
SINGAPORE - Financial markets around with world will open on Wednesday with a tinge of apprehension, not just because of developments in Greece or China, but because of an extra second.
Europe Market Reports
Americas Market Reports
Asia/Pacific Market Reports
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- British Pound Report: Sterling falls against dollar on British growth concerns
- US Dollar Report: FOREX-Soft U.S. jobs data pin down dollar, euro hostage to Greek vote
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- Cameron sets out plans to cut inheritance tax on homes
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- Yemen's Houthis say Ramadan humanitarian pause under discussion
- Britain falls silent to remember 30 killed in Tunisian gun attack |
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