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Greek debt talks stumble before EU leaders gatherNegotiations to avert a Greek debt default stumbled on Wednesday and euro zone finance ministers accused Athens of refusing to compromise despite a deadline next week that could put it on a path out of the euro zone. With European More… |
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Gold snaps three-day loss, Greek fears lingerGold regained some ground on Wednesday as jewellers in Asia snapped up the metal after prices dropped 2 per cent in the previous session, but investors were cautious because of lingering fears about a possible Greek default. &nbs More… |
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Gold snaps three-day loss, Greek fears lingerGold regained some ground on Wednesday as jewellers in Asia snapped up the metal after prices dropped 2 per cent in the previous session, but investors were cautious because of lingering fears about a possible Greek default. &nbs More… |
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Euro gains evaporate after Greek setbackThe euro struggled to stay above the $1.300 level against the dollar in Asia on Tuesday after slithering from a three-week peak on news that euro zone finance ministers rejected an offer by private creditors to restructure Greek debt, keeping aliv More… |
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Greek debt 'out of control'The Greek finance ministry was on the defensive yesterday after a new budget watchdog let slip that the country's massive debt was 'out of control' just as officials held critical talks with creditors. Finance Minister Evangelo More… |
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Gold climbs as risk aversion picks upGold prices rose back above $1,500 an ounce in Europe on Tuesday as risk aversion returned to the financial markets, stoked by concerns over the outlook for the Chinese economy and plans to roll over Greek debt. Spot gold was bid at $1,502 More… |
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Gold hits 3-week high on weak dollarGold prices remained near three-week highs as worries about Greece's debt crisis encouraged buying by investors looking for relative safety and the softer dollar underpinned sentiment. Spot gold hit $1,538.10 a troy ounce, its highest More… |
