Receive Breaking News updates as they occur
A new survey Friday ahead of Greece's make-or-break weekend referendum showed a swing against the government to a 'Yes' result, amid a sense of crisis fuelled by cash rationing and burgeoning protests. The poll by Greece's Alco institute said 44.8 percent of Greeks intend to vote 'Yes' and 43.4 percent are for 'No' -- making it the first published survey to give a lead to the 'Yes' vote ahead of Sunday's ballot. Tsipras argues a 'No' would strengthen his hand in negotiating better terms from Greece's international creditors, the International Monetary Fund (IMF), the European Commission and the European Central Bank (ECB).
Chinese stocks tumbled again on Friday, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a full-blown crash. After a slump of nearly 30 percent in Chinese stocks since mid-June, the China Securities Regulatory Commission (CSRC) has set up a team to look at "clues of illegal manipulation across markets". After market close, a CSRC spokesman said China would cut initial public offerings and capital raisings and support long-term investors entering the market to help stabilize prices.