BERLIN (Reuters) - German Chancellor Angela Merkel told a leadership meeting of her Christian Democrats (CDU) on Monday that it was up to Greece to move in the reform standoff ..
Global stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the eu ..
China's Finance Minister Lou Jiwei said on Monday he was confident the Asian Infrastructure Investment Bank could start functioning before the end of the year. Lou was speakin ..
A September interest rate hike is "very much in play" if the U.S. economy continues to strengthen, though the Federal Reserve could also wait until December to start ..
U.S. stock futures and the euro fell almost 2 percent in early Asian trade on Monday as Greece looks set to default on its debt repayment this week, forcing Athens to impose c ..
The breakdown of talks between Greece and its lenders has created a turbulent start to the week ahead, while U.S. June jobs data will also be closely watched in a holiday shor ..
China's banks are strengthening their position as the best capitalized and biggest profit makers in the world, a study showed on Monday. Chinese banks filled the top four ..
Greece moved to check the growing strains on its crippled financial system on Sunday, closing its banks and imposing capital controls that brought the prospect of being forced ..
Global financial markets are braced for a wave of contagion from Greece on Monday, with expected heavy losses for southern European government bonds and regional stock markets ..
SARNICO, Italy/SINGAPORE (Reuters) - When Chinese industrial conglomerate Weichai Group snapped up cash-strapped Italian luxury yacht builder Ferretti in 2012, the deal looked ..