SYDNEY Asian share markets were in a guarded mood on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action.
Japanese and Australian shares rose, while the euro held its first quarterly gain since March last year after Greece missed a repayment to the International Monetary Fund.
LONDON The FTSE hit its lowest level since mid-January on Tuesday, pulled down by miners and supermarkets and underperforming even euro zone shares despite Greece being hours away from a repayment default.
The founding father of UK's bank ringfencing has dismissed the idea that by pushing retail banking units into standalone entities they could “go wandering off” and disregard parent groups' strategy.
The Government and EDF are in talks over who will pick up the costs if Austria wins its appeal against the proposed Hinkley Point C nuclear plant once construction has begun.