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Greek debt crisis risks Nato withdrawal, new surge of refugees

June 30, 2015 11:08 AM WASHINGTON (Bloomberg) – A failure to resolve the Greek debt crisis could do more than weaken the euro and cause stocks to retreat. Via:: Singapore Straits Times

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Obama plans to expand overtime eligibility for millions of US workers

June 30, 2015 11:22 AM WASHINGTON (REUTERS) – US President Barack Obama on Monday announced a proposal that would make nearly 5 million more workers eligible for overtime pay, a move that would touch...

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URA launches for sale second commercial site at Woodlands Regional Centre

June 30, 2015 11:48 AM SINGAPORE – The Urban Redevelopment Authority (URA) announced on Tuesday the release of a second commercial site at Woodlands Regional Centre, which is available for sale under...

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China’s stocks extend bear-market rout as margin trading drops

June 30, 2015 12:05 PM HONG KONG (Bloomberg) – Chinese stocks tumbled to the lowest levels in almost three months as traders unwound margin positions and technology companies slumped. Via:: Singapore...

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Asia markets rebound with Greece just hours away from default, Shanghai sees...

June 30, 2015 12:22 PM HONG KONG (AFP) – Most Asian markets edged higher Tuesday, enjoying a slight recovery after the previous day’s rout, with Greece just hours away from default, while Shanghai...

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China’s stocks post biggest price swings in almost seven years

June 30, 2015 12:39 PM HONG KONG (Bloomberg) – Chinese stocks posted the biggest price swings in almost seven years as traders weighed the prospects of government support against continued declines in...

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Greece defaults on debt, says IMF

July 01, 2015 6:29 AM WASHINGTON (AFP) – Greece fell into default on its debt to the International Monetary Fund on Tuesday after missing a 1.5 billion euro (S$2.26 billion) payment, the global lender...

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British shoe seller tries to crowdfund Greek bailout

July 01, 2015 7:26 AM LONDON (AFP) – A British shoe shop worker has launched an online crowdfunding campaign to raise the money for Greece to meet its IMF debt repayment due on Tuesday, saying he just...

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Malaysia escapes Fitch downgrade on improvement in finances

July 01, 2015 7:36 AM KUALA LUMPUR(Bloomberg) – Fitch Ratings maintained Malaysia’s credit ranking at the fourth-lowest investment grade after signaling a downgrade earlier this year, saying the...

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Greece crisis ripples across European companies as markets swing

July 01, 2015 7:56 AM LONDON (BLOOMBERG) – Greece’s financial turmoil rippled across corporate Europe as a market rout sabotaged planned bond sales and stock offerings and threw companies into...

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