Greeks threaten default on IMF payment

Government cannot raise enough money to pay pensions and creditors

EU citizens barred from UK plebiscite

Referendum restricted to British, Irish and Commonwealth voters

India seeks to tap private gold hoards

Plan to make banks accept metal as a deposit

Spanish stocks sink on Rajoy setback

Euro weakened by Greek woes but surge for Shanghai equities

Polish voters oust president in run-off

Komorowski concedes to Duda after exit polls

Hanergy secured $200m loan before stock fell

Tycoon pledges millions of shares days before crash

Malone battles Altice for Time Warner Cable

US tycoon’s Charter ready to pay large premium for control

Warren Buffet listens during a Bloomberg Television Interview in New York, US ©Bloomberg

Marchionne’s call for mergers sparks talk

Several factors stand in way of Fiat chief’s arguments

China brokers’ capital rush fuels margin-fed rally

Record fundraisings ploughed back into loans to invest in market

Malaysia finds 139 graves at migrant camps

Burial sites shed light on scale of Asian migrant crisis

Game theory scholar John Nash dies aged 86

Nobel laureate’s mental illness inspired the film ‘A Beautiful Mind’

Comment & Analysis

America’s disappointing economic recovery

US Fed is wise to keep its options open at a time of very mixed data

Cannes Film Festival: winners and losers

The surprise Palme d’Or recipient and the final films shown

Rendezvous Court Cafe

Rendezvous Court Café, LA

The financial heart is experiencing something of a renaissance

Best comments from our readers


"I think CDS desensitise lenders/arrangers to credit risk. It's like having a quickie divorce available after a drunken wedding in Las Vegas. Debt should be like a marriage with each party knowing it is to a large extent binding. Without the quickie "out" that CDS offer, credit risk would have been respected more and less credit would have been extended."
By Stuttgart88 on Credit derivatives deserve a revival but only if financiers grow up



"'Voters are, quite rationally, rather ignorant about politics.' Well, indeed. Which is why I always feel slightly uncomfortable when people accuse our representatives of being 'career politicians'. Since governing a developed country is a challenging job, who'd want an amateur politician?"
By Olaf von Rein on Why democratic elections are always flawed


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