18 June, 2015 by The TZ Newswire Staff Comments Off on Emergency summit called as Greek default, chaos loom
Emergency summit called as Greek default, chaos loom
Euro zone leaders will hold an emergency summit on Monday after the region’s finance ministers failed to agree a reform-for-aid deal with Greece.
18 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: EU to hold emergency meeting on Greece for Monday
The Wall Street Journal: EU to hold emergency meeting on Greece for Monday
“Monday’s summit will be make it or break it,” a European official said.
read more
18 June, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar slightly up against yen ahead of BOJ Kuroda comments
Currencies: Dollar slightly up against yen ahead of BOJ Kuroda comments
Investors are now shifting their focus on BOJ Gov.
18 June, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil trades sideways as market looks for signals
Futures Movers: Oil trades sideways as market looks for signals
Oil prices are likely to continue trading sideways for today without any significant changes in supply-demand fundamentals or any major swings in the U.S.
18 June, 2015 by The TZ Newswire Staff Comments Off on Market Extra: 5 questions for Pablo Iglesias, leader of Spain’s antiausterity party
Market Extra: 5 questions for Pablo Iglesias, leader of Spain’s antiausterity party
Pablo Iglesias, the leader of Spain’s Podemos party, has been in the spotlight, more so since regional and local elections in Spain in May swept antiestablishment candidates into power in major cities in the country.
18 June, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: China shares fall into correction territory
Asia Markets: China shares fall into correction territory
The Shanghai Composite Index heads for its worst week in more than seven years, as it falls into correction territory amid fears of a bubble in China’s volatile equity markets.
read more
18 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Morgan Stanley bets on Alibaba-backed insurer
The Wall Street Journal: Morgan Stanley bets on Alibaba-backed insurer
A consortium of investors including Morgan Stanley invest $934 million in a Chinese online real-estate insurer backed by Alibaba Group Holding Ltd.’s financial-services affiliate, valuing the venture—less than two years old—at $8 billion.
read more