ECONOMY

Leftist Syriza says it will not form coalition with Pro-Bailout New Democracy and demands renegotiation of EU bailout terms

Japan's Nikkei, Hong Kong's Hang Seng, South Korea's Kospi and China's Shanghai Composite all edged up.

He says already levels of CO2 have exceeded 400 parts per million while the tipping point is 450 parts per million.

After months of uncertainty, the future of Greece does seem to be in the Eurozone, as New Democracy, the centre right pro-bailout party, has had a narrow win in the Greek elections.

The new benefit system, Universal Credit, is expected to save thousands of pounds to the treasury.

The crucial Greek vote will set the stage for the country's continuation or exit from the single currency zone.

Extra oil demand from India, following cut backs from Iranian imports on sanction woes, will help push prices back up in H2 this year, say analysts

Banks are fighting to shore up capital in the face of substantial enforced capital requirements, set out by Europe's Basel III and the UK's financial industry banking reform, which will make lending suffer more.

The Chancellor and Bank of England governor, George Osborne and Sir Mervyn King, say their new plan will encourage cheap bank lending to businesses - but do they want credit?

Moody’s downgrades five Dutch banking group credit ratings, including ING and Rabobank and Belgium’s KBC

Global central banks said to be considering coordinated response if Greek vote raises Euro exit risk

Central banks across world are reportedly preparing to infuse liquidity in the financial system in case there is turmoil in the markets.

The £100bn boost to the banking system is aimed to help insulate financial institutions from threat of eurozone collapse.

As UK Chancellor George Osborne defies bank industry lobbyists by pushing forward investment and retail banking ‘ring-fencing’ at his Mansion House speech on Thursday.

Chancellor Osborne and Bank of England governor Sir Mervyn King to outline new landscape for relationship between City of London, regulators, and government

Credit Suisse stocks fall to 10 year lows after the Swiss National Bank pressurized the group to bolster its capital and halt payouts .

Savers and taxpayers to be protected from banking crises under new plans, but government softens on capital buffers for global lenders

As the Greek elections loom this weekend, IBTimes UK takes a look at how the event will shape up, will Greece leave the Euro and of course the battle for the public to vote for a pro-bailout party.

Greek banking stocks surge on Thursday, as markets pin hopes on Greeks voting for a pro-bailout government, ahead of the elections on Sunday.

Markets weaken after Moody's cuts debt ratings for Spain, Cyprus as European crisis deepens.

Key factors in cost-cutting include introduction of larger turbines with higher reliability and energy capture and lower operating costs.

MSCI Asia Pacific Index (MXAP), Nikkei 225 Stock Average (NKY), Australia's S&P/ASX 200 Index, Hong Kong's Hang Seng and China's Shanghai Composite Index decline after the Spain downgrade.

There is a 50-50 chance of the Bank of England extending its monetary stimulus, according to a poll of economists, hinged on the state of the eurozone

Shareholder Spring intensifies as stockholders revolt against WPP's CEO Sir Martin Sorrell 60 percent pay hike.

The World Bank indicates that slow growth in the high income countries will continue in the coming years.

As Jamie Dimon face a US Senate committee over the huge CIO trading loss, IBTimes UK takes a look whether the flawed use of the Value-at-Risk model was to blame for the downfall.

Markets little changed but losing steam after a poorly-received bond sale from Italy and a low take-up on debt sold by Germany

Investors are waiting for the outcome of the Greek vote which will decide the future of the eurozone.

Global fund managers surveyed by BofA Merrill Lynch say they expect more quantitative easing from the European Central Bank within four months