Euro Zone

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Oil prices tumble after Greek no vote to bailout, China stock market turmoil


TOKYO/SINGAPORE - Oil prices fell sharply in early trading on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps over the weekend to prevent a full-blown stock market crash.


Greeks defy Europe with overwhelming referendum 'No' 12:59am BST

ATHENS - Greeks overwhelmingly rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country's euro zone membership into further doubt and deepening a standoff with lenders. | Video

Japan policymakers pledge to temper potential market volatility after Greek upset 12:59am BST

TOKYO - Japanese policymakers on Monday pledged to work closely to guard against financial market volatility after Greek voters rejected euro zone austerity measures.

South Korea economy, finance policymakers meet over Greece 12:59am BST

SEOUL - Senior South Korean economic and financial policymakers were meeting early on Monday to discuss the latest developments in financial markets after Greek voters rejected euro zone austerity measures, officials said.


U.S. crude slumps after Greek votes no to bailout 12:39am BST

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.

EU's Dijsselbloem says awaits Greek moves after 'regrettable' vote 05 Jul 2015

BRUSSELS - The chairman of euro zone finance ministers said on Sunday it was up to Greek authorities to come forward with new plans after voters rejected bailout terms in a referendum result he called "very regrettable" for the future of Greece.

Eurogroup to meet on Tuesday to prepare summit on Greece 05 Jul 2015

BRUSSELS - Euro zone finance ministers will meet on Tuesday to prepare an emergency euro zone summit on Greece later in the day, a spokesman for Eurogroup President Jeroen Dijsselbloem said on Sunday.

German calls for Grexit mount as EU stunned by 'No' vote 05 Jul 2015

BRUSSELS/BERLIN - France and Germany called for an emergency summit of euro zone leaders to discuss Greece's stunning referendum vote on Sunday to reject bailout terms, as calls mounted in Berlin to cut Athens loose from Europe's common currency.


EU's Tusk calls euro zone summit on Greece for Tuesday 05 Jul 2015

BRUSSELS - European Council President Donald Tusk called a euro zone summit for Tuesday to discuss the Greek debt crisis after Greeks voted overwhelmingly on Sunday to reject the terms of a bailout.

Slovak FinMin Kazimir: Greece leaving euro zone seems realistic scenario 05 Jul 2015

PRAGUE - The prospect of Greece leaving the euro zone looks realistic after Greeks rejected the terms of a bailout offer in a referendum, Slovak Finance Minister Peter Kazimir said on Sunday.


Williams penalty gives England third place

EDMONTON - Fara Williams struck an extra-time winner from the penalty spot as England defeated Germany 1-0 to claim third place in the Women's World Cup on Saturday.

Migrants disrupt cross-channel tunnel services at Calais

LONDON - Dozens of migrants trying to stow away on vehicles crossing the Channel by tunnel between France and England broke through perimeter fences at Calais overnight, temporarily halting traffic, a Eurotunnel spokesman said on Saturday.

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