Sectors
As oil slides, Singapore oilfield service firms struggle to refinance debt
Two Singapore oilfield service firms are finding it tough to refinance debt maturing later this year as the slump in crude prices has made investors and lenders hesitant, banking sources said.
Far-left victory in Greece bruises European markets
European shares fell and borrowing costs for the euro zone's most indebted states rose on Monday as the leftist Syriza party looked set to take on Greece's international lenders after a crushing victory in early elections.
Italy economy minister eyes "bad bank" to clean up risky loans
Italy is considering setting up a state-backed "bad bank" to help clean up its banking sector, Economy Minister Pier Carlo Padoan said in a newspaper interview on Sunday.
Oil prices fall on market relief over Saudi policy
Oil prices declined on Monday, with U.S. crude falling close to a nearly six-year low, as Saudi Arabia's new King Salman moved to assuage fears of an unstable transition and any policy change in the world's largest oil exporter.