debt crisis
ECB saves Greece from bankruptcy by securing emergency loans: Report
The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in the form of additional emergency loans from the Bank of Greece, German newspaper
IMF says not enough done to stop spread of eurozone crisis
The International Monetary Fund on Thursday called for a 'policy game changer' in the eurozone to arrest the spread of the debt crisis it now says is clearly engulfing the entire currency bloc and its
Safe-haven yen lower in Asian trade
The yen fell against the dollar and euro in early Asian trade on Wednesday as risk sentiment shifted on easing worries over Europe's debt crisis, following a successful Spanish bond auction.
The doll
Asian shares fall on growth, euro zone debt worries
Asian shares fell for a third straight day on Wednesday as investors continued to cut back their risk exposure given uncertainty over global growth prospects and resurfacing worries about debt restruc
Yen surges against dollar on renewed worries
The yen firmed against the dollar in Asian trade on Wednesday, as rekindled worries about the eurozone debt crisis sent risk-averse investors flocking to the safe-haven currency.
The dollar slipped t
Europe may be heading back into debt storm
A flood of easy money courtesy of the European Central Bank made for a calm start to 2012 but a poor Spanish bond sale last week signals it may only have been a lull before the debt storm breaks, anal
Eurozone agrees to boost rescue capacity
Eurozone finance ministers agreed on Friday to increase their financial firewall to 700 billion euros to ward off a new flare-up of Europe's sovereign debt crisis, drawing a positive initial reaction
Euro hovers close to one-year low against dollar
The euro moved towards a one-year low against the dollar in Asian trade on Wednesday, amid questions over Europe's ability to contain its sovereign debt crisis.
The unit, which fell below $1.31 in Ne
Kingfisher Airlines to restore its normal flight schedule in 3-4 months
Cash-strapped Kingfisher Airlines, which has drastically reduced its services for the past one-week, on Saturday said it would normalize the entire flight schedule in the next three to four months.
Monti says 'convinced' Italy will overcome debt crisis
Italy's Mario Monti said on Tuesday he was ‘absolutely convinced’ the country will overcome an unprecedented debt crisis, adding that he would unveil his new government ‘within hours’.
"I am absolute
