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Indian shares are set to rebound after a two-day retreat on Friday, as cautious optimism prevails ahead of a key two-day meeting of European finance ministers in Copenhagen starting today. The euro is stable as reports suggested that EU finance ministers are preparing to raise the combined firepower of the region’s two bailout funds to [...]
Continue Reading →Asian markets rallied for a second day on Friday after data showed China’s inflation eased to a 20-month low in February and Greece announced that it won sufficient support from its private-sector creditors to secure its second bailout package from the EU and the IMF.
Continue Reading →Indian shares snapped a three-day losing streak on Friday, tracking firm Asian cues after reports indicated that Greece has successfully closed its bond swap offer to private creditors. This was a key condition for securing the 130 billion euro second bailout from the EU and IMF.
Continue Reading →Asian shares fell on Monday as investors took some profits off the table ahead of the European Union summit meeting later in the day, where EU leaders and finance ministers will discuss the steps to be taken by the EU in order to overcome the current debt crisis.
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