Full List Of Stories
London close: FTSE sinks to five-month low as final act of Greek drama unfolds
Heavy falls in the travel, tourism and financial sectors prompted a 2% plunge on the FTSE 100 on Monday as investor sentiment was hammered by concerns about the future of Greece and the wider Eurozone.
Tuesday preview: Data to steal spotlight as Greek news takes back seat
As financial markets worldwide await a weekend referendum in Greece on a bailout proposal by creditors, the debt saga could take a back seat on Tuesday as a lack of developments turns the spotlight on a raft of global economic data.
US pending home sales hit highest since 2006
Signed contracts to buy houses in the United States improved to a nine-year high in May, but didn't increase as much as analysts were expecting.
Market overview: US pending home sales miss forecasts
1500: US pending home sales rose just 0. 9% in May after a downwardly-revised 2. 7% increase in April, missing the 1. 4% gain expected by analysts. The year-on-year growth rate eased to 8. 3% from 12. 6%, below the 11. 8% forecast.
London midday: Stocks slide as Greece shuts banks, calls referendum
UK stocks slid sharply on Monday after Greece shut its banks and called a public vote to decide the fate of its future within the Eurozone.
Asia: Greek uncertainty hammers stocks despite PBOC rate cut
Asian stock markets closed with heavy losses on Monday, with Chinese equities in bear-market territory, as fears about Greece hammered investor sentiment.
Mohamed El-Erian sees 85% chance of 'Grexit'
Mohamed El-Erian, the well-known economist and chief economic adviser at Allianz, sees an 85% chance of Greece leaving the euro and now expects a “massive economic contraction” in the Hellenic nation.
London open: Greek chaos sparks market sell-off; airline stocks drop
The UK stock market and indices across Europe suffered a steep sell-off on Monday morning after Greece imposed capital controls and called for a referendum on bailout terms, pushing the country nearer to an exit from the Eurozone.
Gresham Computing bags new US client for CTC software
Gresham Computing, a provider of real-time financial transaction control software, has won a contact with a new customer in North America.
London pre-open: Sharp sell-off expected as Greek crisis escalates
Stock markets across Europe are set to plummet on Monday morning as the risk of a Greek default and possible exit from the Eurozone increased significantly over the weekend following the breakdown of talks between Athens and its lenders.
Amur Minerals narrows losses as Kun-Manie development continues
Amur Minerals remained debt free throughout 2014 and maintained a healthy cash position as is continues with its plans to develop its flagship Kun-Manie nickel copper sulphide project in the Russian Far East.
Monday newspaper round-up: Greece, UK banks, Samsung Bioepis
Greece has temporarily shut down its banks and suspended trading on its stock market after the collapse of talks between Athens and its lenders and the ECB’s decision to freeze life support for Greek banks, reports The Telegraph.