Market News


Euro zone gives Greece until Sunday for debt deal

Tue Jul 7, 2015 7:43pm EDT
Euro zone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe’s currency bloc and into economic ruin. More

Tue Jul 7, 2015 12:52pm EDT
Concerns that Brazil may lose its coveted investment grade credit rating are again on the rise among government officials and investors who worry that President Dilma Rousseff’s austerity push won’t fully offset plunging government revenues. More

China risk story just getting started, while Greece nearly over: Russell

Mon Jul 6, 2015 9:16pm EDT
What’s the bigger risk? Greece leaving the euro zone in a messy debt default or China continuing to pump money into its faltering stockmarket while trying to boost the rest of the economy through cheap debt? More

China brokerages shift around $20 billion to stabilization fund: Shanghai Sec

Mon Jul 6, 2015 9:15pm EDT
Chinese brokerages which pledged to set up a fund worth at least 120 billion yuan ($19.3 billion) to stabilize the stock market had already shifted money into accounts to be used in the scheme on Monday morning, the Shanghai Securities Journal reported on Tuesday. More

Euro zone yields fall before uncertain Greek vote

Fri Jul 3, 2015 12:35pm EDT
Euro zone yields fell on Friday as investors bet that even if Greeks vote `No’ on Sunday in a referendum on their country’s bailout terms, Greece would not automatically be forced out of the euro. More

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