News by: Himanshu Singh
And Greeks admit they will default at the end of the month as central bank turns on government.
Fed forecasts showed most officials expect to begin raising short-term interest rates before the end of the year.
And record labels attack Apple deals that would leave them 'completely screwed'.
Investors also kept an eye on interest rates as a two-day policy-setting meeting at the Federal Reserve got under way.
And a deal between LSE and Hong Kong regulators opens UK to Chinese investors.
But Cigna led healthcare stocks higher amid reports that the company rebuffed a $45 billion takeover offer from rival Anthem.
Japan’s Topix index slipped 0.8% and South Korea’s Kospi index retreated 0.6%.
And Greece's latest attempt to reach deal with creditors collapses as EU officials dismiss Alexis Tsipras’s reforms as incomplete.
And more than 80,000 shops face closure by 2017 unless the Government drastically overhauls the business rates tax system.
And Greece has less than a week to strike a deal with its eurozone creditors to avoid defaulting on its massive debts.
Shares of Eli Lilly, Gilead and other healthcare stocks gave the S&P 500 a big boost.
And Twitter CEO Dick Costolo to step down amid stalled growth and troll troubles.
And rumours of Berlin’s softening stance towards Athens cheer investors keen to see sustainable rescue after months of wrangling.
Optimism that Greece may be closer to reaching a deal with creditors lifted the Dow Jones to its biggest one-day gain in more than a month.
And emerging market bond sell-off gathers pace raising concerns of market turbulence.
Investors remained hesitant to make bets while a sharp increase in oil prices failed to boost energy stocks.
And Brexit could imperil the UK's growth prospects and damage its high sovereign debt rating, Moody's has warned.
Investors offloaded equities after Friday's strong jobs report heightened expectations for a Fed rate increase as soon as September.
Revised government data showed Japan's revised first-quarter gross domestic product expanded an annualised 3.9%.
And banks’ post-crisis legal costs hit $300 billion as they paid fines and settlements for the claims of misconduct over rolling five-year periods.