Market News


Russia central bank cuts rates, says pace of easing could slow

Mon Jun 15, 2015 11:13am EDT
The Russian central bank cut its main lending rate further on Monday, in line with market expectations, but said the pace of policy easing could slow in the coming months because of risks to inflation. More

Greek banks see deposit outflow of 400 mln euros on Monday -bankers

Mon Jun 15, 2015 10:17am EDT
Greek banks saw deposit outflows of about 400 million euros ($449 million) on Monday as the pace of withdrawals picked up from last week after talks with the country’s creditors over an aid-for reforms deal broke down on Sunday, bankers said. More

Greece and creditors fail in “last attempt” to reach deal

Sun Jun 14, 2015 11:23pm EDT
Talks on ending a deadlock between Greece and its international creditors broke up in failure on Sunday, with European leaders venting their frustration as Athens stumbled closer towards a debt default that threatens its future in the euro. More

IMF board postpones decision on reform for three months

Fri Jun 12, 2015 9:54pm EDT
The International Monetary Fund’s board on Friday decided to postpone by three months its decision on how to raise emerging countries’ voting rights at the institution, as it seeks to get past U.S. foot-dragging on reforms. More

Germans losing patience with Greece, most want it out of euro: poll

Fri Jun 12, 2015 9:36am EDT
Germans are losing patience with Greece after the protracted debate over its debt crisis and more than half want it to leave the euro zone, according to an opinion poll by ZDF television published on Friday. More

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