Greece seals new bailout deal to avoid euro exit

Last Updated: Monday, July 13, 2015, 13:10

Greek Prime Minister Alexis Tsipras agreed to tough reforms after 17 hours of gruelling negotiations in return for a three-year bailout worth up to 86 billion euros, Greece's third rescue programme in five years.

Asian stocks rally, EU leaders talk Greek compromise

Last Updated: Monday, July 13, 2015, 11:23

The moves were mild amid news Euro zone leaders had met through the night to discuss a compromise proposal on a third bailout for Greece.

Euro slips, bonds bid as Greece drama drags on

Last Updated: Monday, July 13, 2015, 08:13

The moves were mild, with investors wary of over reacting after having seen so many deadlines come and go with no resolution of the crisis in Greece.

Euro zone summit aims to keep Greece in single currency

Last Updated: Sunday, July 12, 2015, 17:50

In return, leftist Prime Minister Alexis Tsipras will be required to enact key legislation in parliament on Monday to start restoring the broken trust of his partners in the 19-nation currency union to win a third bailout, ministers said.

Overwhelming majority of Greeks want to keep euro, poll shows

Last Updated: Saturday, July 11, 2015, 00:18

The poll by Metron Analysis for Parapolitika newspaper showed that although the overwhelming majority of those polled want to remain in the single currency, 55 percent said it was the right choice to vote `No` in last weekend`s referendum on tough austerity measures.

Overwhelming majority of Greeks want to keep euro, poll shows

Last Updated: Friday, July 10, 2015, 22:56

A total of 84 percent of Greeks want to keep the euro, an opinion poll released on Friday showed, with just 12 percent favouring a return to the drachma, as the country races to clinch a cash-for-reforms deal with its creditors.

Gold clings above four-month low on euro, but eyes third weekly drop

Last Updated: Friday, July 10, 2015, 10:06

Gold held above a four-month low on Friday, spurred by a firmer euro on signs of progress in debt-hit Greece`s efforts to secure fresh funding.

Asian markets pare losses as Shanghai, Hong Kong bounce

Last Updated: Thursday, July 9, 2015, 08:42

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.

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

Last Updated: Wednesday, July 8, 2015, 08:20

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.

Euro resilient as hopes of Greek aid deal persist

Last Updated: Wednesday, July 8, 2015, 08:16

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.

EU`s Juncker wants `to avoid Grexit`

Last Updated: Tuesday, July 7, 2015, 13:48

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.

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

Last Updated: Tuesday, July 7, 2015, 12:46

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.