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  • BEIJING, July 1- China hopes to see an appropriate resolution to the debt crisis in Greece, the Foreign Ministry said on Wednesday, after Greece defaulted on a loan with the International Monetary Fund. The IMF said that Greece had not made its scheduled 1.6 billion euro loan repayment to the fund. As a result, IMF Managing Director Christine Lagarde will report to...

  • *Greece not able to repay 1.6 bln euros owed to IMF. *OPEC, U.S. output rises to multi-year highs. SINGAPORE, July 1- Oil prices fell over 1 percent on Wednesday after Greece became the first developed economy to default on a loan with the International Monetary Fund, and as both U.S. and OPEC production hit new records.

  • *Greece misses 1.6 billion euro IMF loan repayment. *Eurogroup head urges Greece to change stance with creditors. *Fitch ratings agency cuts Greece to CC.

  • *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...

  • *Gold largely retains overnight losses. SINGAPORE, July 1- Gold struggled close to its lowest in nearly four weeks on Wednesday, as the dollar stood tall after Greece missed a loan payment to the International Monetary Fund. Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country...

  • SYDNEY/ TOKYO, July 1- The euro slipped in Asia on Wednesday with Greece's fate still hanging in the balance after it became the first advanced economy to ever be in arrears to the International Monetary Fund. It has been choppy between $1.0955 and $1.1279 this week in reaction to ever-changing developments in Greece. The International Monetary Fund on Tuesday...

  • *Greece misses 1.6 billion euro IMF loan repayment. *Eurogroup head urges Greece to change stance with creditors. *Fitch ratings agency cuts Greece to CC.

  • *OPEC, U.S. output rises to multi-year highs. SINGAPORE, July 1- Oil prices fell on Wednesday after Greece became the first developed economy to default on a loan with the International Monetary Fund and as both U.S. and OPEC production hit new records. "Iraqi crude production climbed to a record level this month, with OPEC crude oil output estimated to have reached...

  • SINGAPORE, July 1- Gold struggled close to its lowest in nearly four weeks on Wednesday, as the dollar stood tall after Greece missed a loan payment to the International Monetary Fund. *Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy...

  • *Greece not able to repay 1.6 bln euros owed to IMF. SINGAPORE, July 1- Oil prices fell in early trading on Wednesday after Greece became the first developed economy to default on a loan with the International Monetary Fund. Greece, as expected, was not able to repay 1.6 billion euros it owed to the IMF, in what was the largest missed payment in the Fund's history.

  • *Asia cautious as Greece misses IMF loan payment. defensive in Asia on Wednesday as Greece became the first. Still, it surprised no one when the International Monetary Fund confirmed Greece had missed a payment on its debt, perhaps taking it a step closer to an exit from the euro.

  • SYDNEY, July 1- The euro got off to a cautious start in Asia on Wednesday with Greece's fate still hanging in the balance after it became the first advanced economy to ever be in arrears to the International Monetary Fund. It has been choppy between $1.0955 and $1.1279 this week in reaction to ever-changing developments in Greece. The International Monetary Fund...

  • WASHINGTON, June 30- The International Monetary Fund on Tuesday urged Ukraine and its creditors to reach an agreement over debt restructuring after meeting with both sides in Washington. Agreeing on a debt restructuring is one of the conditions Kiev must meet under the IMF's $17.5 billion bailout program. "The Fund encourages Ukraine and its creditors to...

  • WASHINGTON, June 30- The International Monetary Fund on Tuesday confirmed Greece had not made its 1.5 billion euro loan repayment to the Fund, making it the first advanced economy to ever be in arrears to the Fund. IMF spokesman Gerry Rice said Greece can now only receive further IMF funding once the arrears are cleared. Rice confirmed that Greece had asked for a...

  • IMF SAYS BOARD WILL CONSIDER GREEK REQUEST FOR EXTENSION IN DUE COURSE.

  • IMF CONFIRMS GREECE DOES NOT MAKE 1.5 BLN EURO REPAYMENT TO THE FUND.

  • June 30- Fitch cut its long-term rating on Greece to' CC' from' CCC' amid turmoil over the country's debt negotiations, that have led to fears that the country could make an exit from the eurozone. Greece, which has received nearly 240 billion euros in two bailouts from the European Union and International Monetary Fund since 2010, is inching closer to a default on a...

  • *Conflicting reports on Greece debt deal before referendum. In choppy trading, U.S. benchmark yields bounced up from one-week lows set during Monday's rally due to a weekend breakdown in talks between Athens and international lenders ahead of Tuesday's deadline for Greece to repay the International Monetary Fund $1.77 billion. The Treasuries market seems...

  • *Greece submits new aid proposal to creditors. June 30- U.S. stocks finished up after a choppy trading day as investors held out hope on Tuesday for deal to keep Greece in the euro even as it veered close to a potential debt default. Greece, hours from missing a 1.6 billion euro payment due to the International Monetary Fund, submitted a new aid proposal to its...