Eurozone

Eurozone finance ministers remain elusive about the release of bail out funds to Greece , though they have given two years' extension to meet its deficit reduction targets.

Budget passed by 167 votes to 128 amid protests outside parliament, but it will take quite some time for much-needed bailout funds to be available.

EU Commission and Parliament look for 6.8% rise, but member states refuse to yield.

Package of tax hikes and pension cuts passes by 153 votes to 147 after 14-hour debate.

Bulk of increase contributed by ASEAN and the US although shipments to eurozone drop.

Several emerging economies welcome new policy, but Germany opposes it.

Protesters hit the streets on the eve of Merkel’s visit - giving a foretaste of what is to come.

China's Shanghai index down 0.25 percent opening after a week-long holiday while Hang Seng falls 0.60 percent and KOSPI 0.64 percent.

David Cameron also speaks of separate budget for countries like Britain, which are outside the single currency.

Budget prefers to tax the rich to raise resources rather than resort to spending cuts to plug the €30 bn hole in country's finances.

Middle and working classes to be spared heavy taxes and crushing spending cuts.

Protesters say people are already reeling under hikes and cuts introduced in July.

The 24-hour nationwide strike is likely to bring normal life to a halt as almost all sections of society have thrown in their lot with the unions.

Dutch electorate rejects Eurosceptic and anti-immigration parties in a closely contested election fought on austerity and eurozone rescue measures.

Moody's says EU's negative outlook is due to its key budget contributors.

Reports claim an Arab guest has already ordered a bottle.

Citi also expects Britain to lose its AAA rating over the next two to three years due to the continued economic weakness.

Prime Minister David Cameron did not suggest holding immediate referendum, but acknowledged real choice of the people should be upheld.

European leaders agree to take action against spiralling borrowing costs of Spain and Italy.

Vassilis Rapanos would have been a key negotiator with EU officials on bailout terms.

For long China has kept its remnimbi undervalued in order to undercut competitors in the export market. Now that policy could ease up.

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

New Democracy secures 29 percent of the vote. Victory expected to give crucial economic and fiscal reforms a chance.

The voters were less enthusiastic and evidently frustrated at the current situation.

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

Coalition government is likely to be formed after the elections with the help of small parties in the race.

Syriza leader Alexis Tsipras has been tirelessly campaigning against the initiatives put forth by other European leaders.

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

The MSCI Asia Pacific index, Hong Kong's Hang Seng and China's Shanghai Composite index all witnessed rises.

The Spanish prime minister projected the bank bailout as a step towards fixing the ailing economy, while speaking to reporters in Madrid.