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.
GREECE is in the grips of a debt crisis that threatens to cripple Europe. At 8am AEST it became the first developed nation to default on an International Monetary Fund loan after the midnight deadline expired, with the country losing access to existing ...
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.