Asian markets reversed the previous day’s gains and the euro sank back towards four-month lows Wednesday after Greece’s former premier warned there was a chance his country will exit the
The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the euro zone rose as Athens called new elections
Asian shares were capped while the euro fell on Tuesday, as soaring Spanish borrowing costs underscored the fading impact of the European Central Bank's bond purchases and stoked investor nervousness
Even as the debt crisis in Europe is temporarily on hold, there is a possibility of Greece making an exit from euro, a leading economist said today. "The Euro area
World stocks hit a fresh 6-1/2 month peak on Friday, the dollar jumped to a 3-1/2 month high against the yen and the euro held above recent lows as hopes
The euro was under pressure against major currencies in Asian trade today after Moody's cut the debt ratings and outlooks of several European countries.
The common currency fell to
The ice appeared to be melting over tackling euro crisis at this Swiss alpine resort with the leaders of several European nations agreeing to press for tighter rules and greater
Concern over how Greece's debt talks play out overshadowed the appetite for riskier assets on Wednesday, despite good economic data from Germany and a widely held view that the U.
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