Euro

Asian markets pare losses as Shanghai, Hong Kong bounce

Shellshocked traders have been sent scurrying as the crisis in China, which has wiped trillions off of valuations, combine with fears about Greece`s future in the eurozone.

Jul 09, 2015, 08:42 AM IST

Slumping China stocks pull down Asian markets, boost safe-haven yen

MSCI`s broadest index of Asia-Pacific shares outside Japan extended its early losses after Chinese shares opened sharply lower, and was last down 2.5 percent.

Jul 08, 2015, 08:20 AM IST

Euro resilient as hopes of Greek aid deal persist

The euro steadied early on Wednesday, having climbed off a five-week trough in line with a rebound in risk assets as the latest emergency meeting of European leaders ended with a sliver of hope still left for Greece.

Jul 08, 2015, 08:16 AM IST

EU`s Juncker wants `to avoid Grexit`

European Commission head Jean-Claude Juncker said Tuesday he was against an exit by Greece from the euro, even though Greeks massively rejected bailout terms in a referendum this weekend.

Jul 07, 2015, 13:48 PM IST

Greece faces last chance to stay in euro as cash runs out

Greek Prime Minister Alexis Tsipras had a final chance to present credible reform proposals to an emergency euro zone summit on Tuesday to persuade sceptical creditors to reopen aid talks before his country`s banks run out of money.

Jul 07, 2015, 12:46 PM IST

Euro edges lower ahead of euro zone summit on Greece

The euro edged slightly lower in early Asian trading on Tuesday, but remained well off lows touched in the previous session ahead of a euro zone summit that investors hope might offer a way for Greece to climb out of its debt crisis. 

Jul 07, 2015, 09:09 AM IST

Asian markets mostly up but Shanghai tumbles again

The euro held its ground after Greece`s weekend vote against creditors` austerity proposals, with dealers hoping contagion will be limited if a bailout reform deal cannot be reached.

Jul 07, 2015, 08:25 AM IST

Euro, stocks hit by Greek vote; China bounces after rescue moves

Asian stocks and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. 

Jul 06, 2015, 08:46 AM IST

India exports record $5.5 billion worth sea food in FY'15

India exported a record one million tonnes of sea food fetching a foreign exchange of USD 5.5 billion in the last fiscal, the Marine Products Export Development Authority (MPEDA) said Thursday.

Jul 02, 2015, 16:13 PM IST

Euro drops below $1.1 as Greek exit risks grow

The European single currency briefly dropped below $1.1 on Monday as investors grow concerned Greece is headed for a debt default and a possible eurozone exit.

Jun 29, 2015, 07:18 AM IST

Euro slips ahead of crunch weekend in Greece crisis

The euro edged lower Friday ahead of a make-or-break weekend for Greece, with the country under warning to accept the new deal from creditors or be left to default on its debts.

Jun 27, 2015, 07:25 AM IST

Asian stocks fall, euro drifts as Greek crisis deepens

Japan`s Nikkei dipped 0.5 percent. Despite household spending rising more than expected, inflation has remained flat, keeping alive expectations for more central bank stimulus later this year.

Jun 26, 2015, 08:23 AM IST

Euro steady as Greece debt talks stay deadlocked

The euro was little changed against the dollar on Thursday as Greece once again failed to reach a deal with its creditors to avoid a debt default.

Jun 26, 2015, 07:15 AM IST

Asian markets retreat as Greece talks stumble

While both sides agreed to resume talks later in the day, there are fears they could fail to reach an agreement to unlock crucial bailout funds, leaving Athens in default and possibly crashing out of the eurozone. 

Jun 25, 2015, 08:30 AM IST

Asia markets up on Greece hopes, ECB easing hits euro

Asian markets rose for a third straight day Wednesday, with Tokyo hitting a more than 18-year high, on confidence Greece will finally hammer out a bailout reform deal with creditors and avert a default.

Jun 24, 2015, 17:29 PM IST

Greece optimism lifts world stocks but strong dollar tempers euro

Signs that a deal could be at hand to stave off a Greek default lifted global shares on Tuesday and cut borrowing costs for euro zone countries seen as most vulnerable to the protracted crisis.

Jun 23, 2015, 15:11 PM IST

Asian shares bolstered by hopes for Greek deal

US stock futures rose about 0.2 percent after Wall Street posted solid gains on Monday, with the Nasdaq Composite closing at a record high.

Jun 23, 2015, 08:47 AM IST

Euro rises on hopes for Greek debt deal

The single currency climbed to $1.1396 and 139.87 yen in Tokyo from $1.1349 and 139.23 yen in New York late Friday. The dollar fetched 122.73 yen against 122.69 yen in US trade.

Jun 22, 2015, 11:05 AM IST

Asian shares rebound on Fed policy hopes, keep eye on Greece

Japan`s Nikkei rose 0.9 percent from a one-month low set on Thursday while MSCI`s broadest index of Asia-Pacific shares outside Japan ticked up 0.2 percent. 

Jun 19, 2015, 08:29 AM IST

US Fed disappoints dollar bulls again, NZD hit by weak GDP

Fed officials also saw slightly lower rates at the end of 2016 and 2017 than forecast in March and more policymakers were now in favour of hiking rates only once or not all this year.

Jun 18, 2015, 08:39 AM IST