28 May, 2015 by The TZ Newswire Staff Comments Off on ECB’s Nowotny says no to loosening funding for Greece now
ECB’s Nowotny says no to loosening funding for Greece now
A European Central Bank policymaker played down the prospects for an immediate loosening of funding for cash-strapped Greece, saying that when it came to accepting the country’s bonds as security for central bank credit, the answer remained no. The critical comments from Ewald Nowotny, who as head of the Austrian central bank also sits on the ECB’s policy-setting Governing Council, echo those of European officials, who have played down Greek government optimism that a deal is near.
28 May, 2015 by The TZ Newswire Staff Comments Off on The banks and brands sweating on FIFA probe
The banks and brands sweating on FIFA probe
The finer details of Wednesday’s indictment against FIFA officials appears to implicate one U.S. household name in particular.
28 May, 2015 by The TZ Newswire Staff Comments Off on London Markets: London stocks drop as promise of Greece falls flat
London Markets: London stocks drop as promise of Greece falls flat
U.K.
28 May, 2015 by The TZ Newswire Staff Comments Off on China stocks plunge 6.5%, worst selloff in 4 months
China stocks plunge 6.5%, worst selloff in 4 months
Mainland markets were the biggest losers in the region on Thursday, as fears over tighter requirements on margin financing ignited risk-off sentiment.