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Headlines for ChannelNewsAsia, dated: 2012-05-19
Greek poll-front runner backs staying in euro
ATHENS: Greek poll front-runner Alexis Tsipras, buoyed by a groundswell of opposition to EU-IMF imposed austerity measures, says forcing his country out of the eurozone would sink the region as a whole.
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Greece bridles at Merkel's referendum suggestion
ATHENS: Greek political leaders reacted angrily on Saturday to a suggestion, attributed to German Chancellor Angela Merkel, that the country hold a referendum on euro membership alongside an election next month.
G8 leaders to focus on Europe's woes
CAMP DAVID, Maryland: Leaders of the world's most powerful nations were to focus their attention on Europe's economic woes on Saturday after President Barack Obama threw his weight behind French calls for more pro-growth policies.
After flat debut Facebook awaits market verdict
NEW YORK: Facebook stumbled on its first trading day as shares ended barely above the starting price, raising questions about what will happen to the share price when the Nasdaq reopens on Monday.
Japan ready to help in euro crisis at G8 talks
WASHINGTON: Japan said Friday that it stood ready to extend help in stemming the eurozone's debt crisis as the Group of Eight major industrialized nations opened crisis talks.
Oil prices slide to multi-month low levels
LONDON: World oil prices slid to new multi-month lows on Friday as the market was rattled once again by concern about the outlook for demand linked to the eurozone debt crisis, analysts said.
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