Greece to receive 23 bn euro cash injection ahead of key repayment

Last Updated: Thursday, August 20, 2015, 09:56

Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.

Germany praises Greek stance shift in debt talks

Last Updated: Sunday, August 16, 2015, 19:45

Germany`s hardline finance minister Wolfgang Schaeuble on Sunday hailed a change in tone in talks with Greece over its next bailout but warned Europe would closely monitor the pace of reforms in Athens.

Greek lawmakers back 3rd bailout after all-night debate

Last Updated: Friday, August 14, 2015, 15:43

Greek lawmakers approved their country's draft third bailout in a parliamentary vote on Friday that relied on opposition party support and saw the government coalition suffer significant dissent.

Greece`s Tsipras: Bridging loan would be a `return to crisis without end`

Last Updated: Friday, August 14, 2015, 13:07

Greek Prime Minister Alexis Tsipras warned Friday that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".

Greece reaches deal with creditors

Last Updated: Tuesday, August 11, 2015, 12:15

Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks, a government source said Tuesday.

India's exports to Greece fall 15% on debt crisis: Govt

Last Updated: Wednesday, August 5, 2015, 19:40

The financial crisis in Greece has led to a 15.45 percent fall in India's exports to the European nation during the first quarter of this fiscal, Parliament was informed Wednesday.

Gold extends weakness after worst month in 2 years

Last Updated: Monday, August 3, 2015, 08:25

Spot gold was down 0.2 percent at $1,092.80 an ounce by 0019 GMT. The metal fell as low as $1,079.50 on Friday before recovering at the close. That was near last month`s trough of $1,077, its weakest since February 2010.

Greece expects debt reduction after November: PM

Last Updated: Wednesday, July 29, 2015, 17:44

Greece expects debt reduction from its international creditors after a first assessment of reforms under its new bailout obligations concludes in November, Prime Minister Alexis Tsipras said Wednesday.

Greek bourse to reopen Wednesday or Thursday after ECB approval

Last Updated: Tuesday, July 28, 2015, 23:24

The Greek stock market will reopen on Wednesday or Thursday after a month-long shutdown but with restrictions on trading by local investors at the request of the European Central Bank, the Greek securities regulator chairman told Reuters on Tuesday.

Creditor audit chiefs head to Greece to oversee bailout

Last Updated: Tuesday, July 28, 2015, 20:08

The head representatives of Greece's international creditors will return to Athens for the first time in nearly a year to oversee work on the country's new bailout, a finance ministry source said today.

Gold holds above 5-1/2-year low, but more weakness seen

Last Updated: Monday, July 27, 2015, 09:04

Spot gold was flat at $1,097.96 an ounce by 0229 GMT after falling for a fifth straight week last week, the longest run since late 2012.

Gold crawls off five-year low, but downside risk seen intact

Last Updated: Thursday, July 23, 2015, 09:36

Holdings in the world`s biggest gold-backed exchange-traded fund, SPDR Gold Shares, shrank for a fifth day on Wednesday to the lowest level since 2008.