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  • TOKYO, April 21- The dollar held gains against its peers on Tuesday, drawing support as the euro slid overnight on increasing worries that Greece could default on its debt and eventually exit the single currency. The common currency took a hit after public sector entities in Greece were ordered to transfer idle reserves to the central bank to help alleviate a...

  • SINGAPORE, April 21- Gold held on to overnight losses on Tuesday, trading below the key $1,200 an ounce level, as a rally in global equities and a firmer dollar dented the metal's appeal as a haven. *The dollar rose broadly on Monday, with the euro sliding more than half a percent against the U.S currency, on growing concern that Greece may default on debts.

  • *French finance minister: Greece must honor pledges. ATHENS, April 20- Greece ordered state entities from municipalities to a fund meant for future generations to park idle cash at the central bank in a scramble on Monday to pay its bills. With IMF loan repayments due next month, Greece has been tapping into public cash reserves in temporary transactions.

  • Farr: It's about the central banks, stupid! Monday, 20 Apr 2015 | 2:46 PM ET
    The new ECB headquarters in Frankfurt, Germany.

    From China to the ECB and the Fed, this market is all about the central banks, says Michael Farr.

  • Euro slips against dollar on Greece default worries. NEW YORK, April 20- Equity markets snapped back on Monday after China took steps to stimulate its economy, while the euro weakened amid worries about Greece and oil rose on Middle East tension. The dollar rose as the euro slid against the greenback amid gathering concerns Greece could default on its debt or...

  • *Domestic woes, not Greece, main focus for new government. HELSINKI, April 20- Finland's eurosceptic Finns Party has the best chance of power in its 20- year history after coming second in Sunday's election, but its calls to throw Greece out of the euro zone may take a back seat to fixing the economy at home. The possible presence of the party, formerly called the True...

  • *Two more rescues underway near Libya, one off Greece. CATANIA, Italy/ LUXEMBOURG April 20- The European Union proposed doubling the size of its Mediterranean search and rescue operations on Monday, as the first bodies were brought ashore of some 900 people feared killed in the deadliest shipwreck while trying to reach Europe. Malta's Prime Minister Joseph...

  • *Greece facing increasingly difficult cash squeeze. FRANKFURT, April 20- A country that defaults would not have to leave the euro, the European Central Bank's vice president said on Monday, in frank remarks about Greece that also touched on possible capital controls and showed how acute Athens' problems have become. Speaking as Greece ordered public sector...

  • European stocks boosted by telecoms, China stimulus Monday, 20 Apr 2015 | 11:54 AM ET

    *Telenet, KPN shares rise after Belgian deal. LONDON, April 20- European shares made a positive start to the week on Monday, thanks to deal-making in the telecoms sector and stimulus from China, though gains were not enough to entirely erase the losses from Friday's sharp sell-off. Volkswagen, the only German blue-chip stock to fall, was depressed after Scania order...

  • *Two more rescues underway near Libya, one off Greece. CATANIA, Italy/ LUXEMBOURG April 20- EU foreign ministers met on Monday under pressure to produce more than words to save migrants drowning in the Mediterranean, as the first bodies were brought on shore of hundreds feared killed in a shipwreck while trying to reach Europe. Italy and Malta were working to rescue...

  • LONDON, April 20- German 10- year borrowing costs resumed a fall towards zero on Monday with worries about Greece exiting the euro zone increasing demand for top-rated assets and the European Central Bank's bond-buying programme crushing yields. Belgium became the sixth euro zone country to sell five-year bonds at a negative yield after Finland, Germany,...

  • *Death toll from Sunday's shipwreck off Libya still unclear. CATANIA, Italy/ LUXEMBOURG April 20- European Union foreign ministers met on Monday under pressure to produce more than words and save desperate migrants drowning in the Mediterranean, as bodies of the deadliest known wreck of its kind were brought ashore in Malta. The death toll from Sunday's...

  • Euro zone braces for possible Greek default   Monday, 20 Apr 2015 | 8:33 AM ET
    Euro zone braces for possible Greek default

    Roger Altman, Evercore Partners chairman, shares his thoughts on whether Greece and the euro zone will be able to reach a last minute deal on restructuring its debt.

  • Struggling Greece puts state funds in loan basket Monday, 20 Apr 2015 | 7:39 AM ET

    ATHENS, Greece— Greece's cash-strapped government has ordered reserves from state agencies to be placed in a basket account to help the country meet obligations, officials said Monday as bond market traders fretted over the risk of default. Greece's lenders from the 19- country eurozone and International Monetary Fund are demanding reforms that include...

  • Europe progress and the Greece factor   Monday, 20 Apr 2015 | 7:35 AM ET
    Europe progress and the Greece factor

    Ewald Nowotny, Austrian Central Bank, says there are clear signs of progress in Europe but more structural reforms are needed in Greece. Walter Isaacson, Aspen Institute CEO, shares perspective.

  • Greece 'major stumbling block' for Europe: Pro   Monday, 20 Apr 2015 | 6:37 AM ET
    Greece 'major stumbling block' for Europe: Pro

    Marchel Alexandrovich. Jefferies International, shares his thoughts on why the markets are too "complacent" about Greece and weighs in on the outlook on European markets.

  • LONDON, April 20- German 10- year borrowing costs resumed a fall towards zero on Monday, with worries about Greece exiting the euro zone increasing demand for top-rated assets and with the ECB's bond-buying programme quashes yields. Belgium became the sixth euro zone country to sell five-year bonds at a negative yield after Finland, Germany, Austria, the...

  • Greece in spotlight as contagion fears surface   Monday, 20 Apr 2015 | 6:05 AM ET
    Greece in spotlight as contagion fears surface

    Ben White, Politico, and Peter Boockvar, The Lindsey Group, discuss uncertainty in Greece and as the country attempts to restructure its debt.

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • LONDON, April 20- European companies are heading for their best earnings season in four years, sharply outperforming their U.S. counterparts on the back of a weak euro and improving economic conditions. Investors see a pick-up in profits as crucial for underpinning confidence in Europe's nascent economic recovery, validating the European Central Bank's...