Greek referendum poll shows lead for 'No' vote, but narrowing

Last Updated: Wednesday, July 1, 2015, 12:47

A majority of Greeks would vote `No` to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on Wednesday.

Greece teeters on brink of default

Last Updated: Tuesday, June 30, 2015, 16:04

Greece appeared set Tuesday to default on a key IMF repayment, fanning fears of a chaotic eurozone exit on the day the country`s international bailout also expires.

Greece creditors offer five-month bailout extension

Last Updated: Friday, June 26, 2015, 19:20

Greece's international creditors on Friday offered Athens a five-month, 12-billion-euro (USD 13.4-billion) extension of its bailout programme but said it must seal a deal this weekend to avoid an IMF default next week.

Greece creditors ready to disburse 1.8 bn euros once parliament backs reforms: Document

Last Updated: Friday, June 26, 2015, 17:04

Greece`s creditors are ready to disburse 1.8 billion euros in financial aid to help it meet a crucial IMF payment if parliament votes in favour of a reform deal, a negotiating document seen by AFP said Friday.

US stocks drop; hospitals surge on pro-Obamacare court ruling

Last Updated: Friday, June 26, 2015, 04:05

Health stocks soared Thursday after the Supreme Court upheld a key provision of President Barack Obama`s health care reform, but the broader market fell on worries of a Greek default.

EU leaders warn David Cameron on reform drive

Last Updated: Thursday, June 25, 2015, 21:56

British Prime Minister David Cameron found his reform agenda sidelined at a tense EU summit Thursday as leaders warned he faces a tough negotiation ahead of a referendum on whether to leave the bloc.

David Cameron's EU reform drive sidelined at tense summit

Last Updated: Thursday, June 25, 2015, 18:36

British Prime Minister David Cameron arrived at an EU summit in Brussels Thursday to find his referendum reform push sidelined by twin crises over Greece and migration.

Hong Kong stocks end 0.26% up, Shanghai extends rebound

Last Updated: Wednesday, June 24, 2015, 14:10

Equities in Hong Kong rose 0.26 percent Wednesday, a fourth straight gain, on hopes Greece will agree a debt reform deal with its creditors, while Shanghai extended the previous day`s gains on improved liquidity.

India seeks better ranking on World Bank's 'ease of biz' list

Last Updated: Tuesday, June 9, 2015, 21:38

Pitching for a better ranking on ease of doing business for India, government officials Tuesday apprised the World Bank about various reform measures taken in the past one year including relaxation in company laws.

EU officials swiftly dismiss Greek reform offer

Last Updated: Tuesday, June 9, 2015, 19:19

European Union officials on Tuesday swiftly dismissed new Greek promises of economic reform, saying the proposals were not enough to unlock funds that Athens urgently needs to avoid defaulting on its debts.

Greece delivers reform plan to EU, warns on cost of failure

Last Updated: Tuesday, June 9, 2015, 16:59

Greece handed its creditors new proposals on unlocking funds to keep the country from default, with Prime Minister Alexis Tsipras offering hope for a deal and warning the cost of failure would be enormous.

Greece denies report that Juncker declined to take call from Tsipras

Last Updated: Saturday, June 6, 2015, 22:32

The official added that Athens was still waiting for Greece`s creditors to respond to its own recent proposal for a deal to end the months-long impasse.