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  • *Asia holds nerve as Greece misses IMF loan payment. SYDNEY, July 1- Asian shares made guarded gains on Wednesday as investors gave a resigned shrug to news Greece had become the first developed economy to default on a loan with the International Monetary Fund. Calming after two days of wild swings, MSCI's broadest index of Asia-Pacific shares outside Japan...

  • TOKYO— Asian shares rose on Wednesday as investors watched to see the next step as Greece fell into arrears after failing to make a debt repayment on Tuesday. GREECE DEBT CRISIS: Greece's European bailout program ended Tuesday at midnight without an extension or a new deal with creditors and the government failed to make a payment of about 1.5 billion euros due...

  • LONDON- Bank of England publishes financial stability report, followed by Governor Mark Carney's news conference- 0930 GMT. FRANKFURT- European Central Bank Governing Council meeting. BERLIN- European Central Bank Governing Council member Jens Weidmann and Bundesbank Vice President Claudia Buch to participate in cabinet meeting of the federal...

  • NEW YORK, June 30- Stocks ended slightly higher on Wall Street in volatile trade on Tuesday and a global equities gauge was flat, while the euro fell as Greece grappled with a looming deadline on a debt payment to the IMF. Markets held on to some chance of resolution even as German Chancellor Angela Merkel played down any hopes of a last-minute deal with Greece and...

  • SAN FRANCISCO, June 30- Amazon.com Inc launched its one-hour delivery service, Prime Now, for select areas of London on Tuesday and said it would expand the program to additional cities in the United Kingdom by the end of the year. London is our first Prime Now city in the UK and we are already working on making Prime Now available in more postcodes in London and...

  • NEW YORK, June 30- Stocks on Wall Street rose in choppy trade on Tuesday and a global equities gauge ticked up, while the euro remained under pressure as Greece grappled with a looming deadline on a debt payment to the IMF. Greece submitted a new two-year aid proposal to its creditors, calling for debt restructuring in what seemed like a last-ditch effort by Athens...

  • NEW YORK, June 30- Stocks on Wall Street rose in choppy trade on Tuesday and a global equities gauge ticked up, while the euro remained under pressure as Greece grappled with a looming deadline on a debt payment to the IMF. Greece submitted a new two-year aid proposal to its creditors, calling for debt restructuring in what seemed like a last-ditch effort by Athens...

  • LONDON, June 30- Tom Hayes, the former UBS and Citigroup trader on trial in London on Libor rigging charges, told a broker to pay Hayes' 1,000 pound restaurant bill as a reward for giving the broker business, a court heard on Tuesday. Hayes, a former yen derivatives trader based in Tokyo, was on gardening leave from UBS at the time in 2009, having been hired by Citigroup...

  • NEW YORK/ LONDON June 30- The U.S. dollar's share of foreign exchange reserves rose for a fourth straight quarter, while the euro's hit a 13- year low, International Monetary Fund data showed on Tuesday. "This only goes to show that the dollar is still the world's reserve currency and will be for many, many years to come," said John Doyle, director of markets at Tempus...

  • NEW YORK, June 30- Stocks on Wall Street edged up on Tuesday to keep a global equities gauge higher despite declines in Europe, while the euro remained under pressure as Greece grappled with a looming deadline on a debt repayment to the IMF. Greece submitted a new two-year aid proposal to its creditors, calling for debt restructuring in what seemed like a...

  • SINGAPORE, June 30- Singapore will relax rules that currently require banks to segregate their domestic and international operations into separate accounting entities, as part of moves to simplify its banking regulations. Banks in Singapore need to divide their local and offshore operations into domestic banking units and Asian Currency Units.

  • SINGAPORE, June 30- Financial markets around the world will open on Wednesday with a tinge of apprehension, not just because of developments in Greece or China, but because of an extra second. A "leap second" is being added to the world's clocks at midnight GMT on Tuesday, which could test the extremely sensitive trading systems of the modern algorithmic era,...

  • PARIS, June 30- Two executives from California- based Uber will face trial in France on Sept. 30, the Paris public prosecutor said on Tuesday, part of a French crackdown on what the government calls an illegal taxi service. Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe, were detained by police on Monday in an...

  • PARIS, June 30- China formally committed to halting the rise in its greenhouse gas emissions within the next 15 years and pledged on Tuesday to reduce the carbon intensity of its vast economy, in a much-anticipated strategy for United Nations climate talks. "China's carbon dioxide emission will peak by around 2030 and China will work hard to achieve the target at...

  • PARIS, June 30- China formally committed to halting the rise in its emissions within the next 15 years and pledged on Tuesday to reduce the carbon intensity of its vast economy, releasing its much anticipated strategy for United Nations climate talks. In a plan that largely mirrors commitments Beijing made in a joint U.S. environment agreement last year, China...

  • LONDON, June 30- Reserve Bank of Australia Governor Glenn Stevens showed no new concern over the Chinese economy on Tuesday after a raft of responses from Beijing helped stem two weeks of turmoil that have driven stocks some 20 percent lower. But a crucial element to any bounce in the economy will be demand from China for the iron and other commodities mined in...

  • June 30- Amazon.com Inc launched its one-hour order delivery service, Prime Now, for some areas of London on Tuesday, about six months after introducing the service in the United States. Amazon Prime members can have orders worth 20 pounds or more delivered in one hour for a fee of 6.99 pounds, the company said on its UK website on Tuesday. Amazon launched Prime Now in...

  • LONDON, June 30- Euro zone stocks and low-rated bonds recovered the worst of their losses on Tuesday but remained on edge as Greece looked set to default on a debt repayment to the IMF and plunge deeper into financial crisis. The breakdown of talks between Athens and international creditors over the weekend has led Greece to close its banks and impose capital...

  • SINGAPORE, June 30- Financial markets around with world will open on Wednesday with a tinge of apprehension, not just because of developments in Greece or China, but because of an extra second. A "leap second" is being added to the world's clocks at midnight GMT on Tuesday, which could test the extremely sensitive trading systems of the modern algorithmic era,...

  • ATHENS, June 30- Two executives from Uber's French branch will go on trial on September 30, a prosecutor said on Tuesday, after the two were held for questioning as the government intensified its clampdown on the U.S.-based taxi and ride-sharing service. Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe,...