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Financials Headlines

Euro zone starts talking of life after the Greek bailout

Euro zone finance ministers will start discussions on Friday on Greece's exit from eight years of international bailouts, focusing on how Athens wants to boost economic growth and finish the last reforms agreed with its creditors, officials said.

Australian shares to track up on commodity prices; NZ up

Australian shares are set to open in positive territory on Friday, tracking earnings-fed cheer in Wall Street and as metal prices and oil prices are expected to help commodity-related stocks. The local share price index futures rose 44 points to 5,938.0, a 27.2-point premium to the underlying S&P/ASX 200 index close. The benchmark ended 0.2 percent lower on Thursday. New Zealand's benchmark S&P/NZX 50 index was up 32.21 points at 8,314.26

UPDATE 1-Investors shrug off rate fears, pour cash into equity funds

Investors were undeterred by fears of rising interest rates, with U.S.-based equity funds attracting $3.5 billion of net cash in the week ended April 25, the third consecutive week of inflows, Lipper data showed on Thursday. The inflows were boosted by strong earnings results and solid economic news. U.S.-based taxable bond funds also attracted inflows, with go

Mexico's Banorte profits jump over 22 pct to $370 mln

Mexican bank Banorte said on Thursday that its net profit in the first quarter rose more than 22 percent to nearly 6.8 billion pesos ($370 million), helped by growth in its pension and insurance units and consumer credit.