Sunday 29 May 2016

Chine rout wipes billions of euros off Europe shares

European stocks slumped on Monday after a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low. The pan-European FTSEurofirst 300 fell 3.2 per cent t


More than a third of Greek ATMs run dry

More than a third of automated teller machines across Greece ran out of cash on Saturday before they were replenished as Greeks pulled out money on fears their country was set to crash out of the euro, three banking sources said.


Gold edges up fourth day on risk appetite

Gold edged up for a fourth day on Thursday, having backed off Wednesday's peaks as equity markets and the euro rose, encouraging investors to delve back into riskier assets. The more upbeat mood was not apparent across all markets.


Iran to sell 45 billion euros from reserves

Iran's central bank will sell 45 billion euros ($54.95 billion) from its reserves to buy dollars and gold ingots, a report on the website of state-owned Press TV said on Wednesday. There was no announcement of the sale on the bank'

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