Thursday, 28 May 2015


Recent News
  • Part of Greece's ruling Syriza party is ready to abandon the euro

    00:00 | 28/5/15
    Los Angeles Times
    The debate over whether Greece should exit from the euro, the common European currency, appears to be coming to a head. Next week, the country faces a deadline to repay the International Monetary Fund. more»
  • Ugandan shilling weakens on rising dollar demand

    23:03 | 27/5/15
    Reuters Africa
    KAMPALA May 27 (Reuters) - The Ugandan shilling extended its losses on Wednesday, under pressure from firms buying dollars to pay dividends to their shareholders abroad. more»
  • Spain risks euro split over radical new ECB mandate

    22:23 | 27/5/15
    David Cameron's plans for treaty change have been dealt a blow by the euro's leaders. The future of eurozone integration is up for question as France and Germany draw up plans to overhaul the euro ahead of an EU leaders' summit next month. On Monday ... more»
  • US dollar closes higher on Taipei forex

    21:45 | 27/5/15
    Focus Taiwan News Channel
    After the rebound, the Taiwan dollar kept moving in a narrow range for most of the trading session, with the local central bank stepping in during the late session to prop up the U.S. more»
  • Rupee breaches 64 against dollar; has slipped 10% in a year; here's what top ...

    21:32 | 27/5/15
    Economic Times
    NEW DELHI: The rupee today slipped 19 paise to 64.16 per dollar in intraday trade on fresh demand for the US dollar from banks and importers. While there are mixed views whether or not the RBI should intervene to arrest rupee's fall, many belive that ... more»
  • Greece must stay in euro but work to avoid default: German economic adviser

    21:11 | 27/5/15
    BERLIN Greece must remain a member of the euro zone but it must stop wasting time and do all it can to avoid defaulting on its debts to the IMF, the head of the panel of economic experts that advises the German government said. more»
  • European Stocks Rise, Euro Steadies as Greece Tensions Ease

    19:41 | 27/5/15
    Wall Street Journal
    European stocks rose Wednesday, shrugging off declines in the U.S. and Asia. The Stoxx Europe 600 was 0.4% higher in early trade, rebounding from Tuesday's 0.7% loss which came amid concern over Greece's ability to repay its debts. more»
  • Mass graves show risks Bangladesh poor take for $500 a month

    19:18 | 27/5/15
    Astro Awani
    He paid only 5,000 taka up front to start the journey, which took him and other villagers to the tourist town of Cox's Bazar and then to Teknaf, one of Bangladesh's southernmost points. Each person got a five-liter bottle of water, some rice and a ... more»
  • Australian dollar ignores talk of turbulence

    19:13 | 27/5/15
    The Australian
    Still, he said rising US rates would benefit the Australian economy through a falling Aussie dollar. “The Fed will raise rates when the US economy is strengthening ... no doubt when the Fed raises interest rates, there will be some market turbulence ... more»
  • Aussie dollar plunges on Fed rate rise risk

    18:06 | 27/5/15
    Sydney Morning Herald
    The Australian dollar has dropped to a one-month low as the US dollar rallied on the back of strong economic data and investors waited for Thursday's capital expenditure numbers. more»
  • Yen slide stokes Japan travel demand in HK

    17:48 | 27/5/15
    EJ Insight
    With the yen hitting an eight-year low against the US dollar, currency exchange shops in Hong Kong have seen a spurt in business this week. more»
  • Taiwan, The Ally That Keeps On Giving

    17:37 | 27/5/15
    Channel 7 Daily News
    Tomorrow, Ambassador Benjamin Ho will present a cheque for Five Million US Dollars to the Prime Minister Barrow. It's free money, a five million US dollar grant for the very general purpose of quote, "assisting the socio-economic development of Belize.". more»