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                   Global Markets Drop After Greek 'No' Vote

   by VOA News

   European stock markets fell at the open Monday after voters in eurozone
   member Greece rejected austerity demands by international creditors.

   However, after quickly dropping around 2 percent, European markets
   recovered and settled in with 1.5 percent losses in mid-morning
   trading.

   In Asia, Japan's Nikkei lost more than 2 percent at the close, while
   Hong Kong's Hang Seng dropped more than 3 percent.  South Korea's Kospi
   was also down, along with markets in Sydney and Wellington.

   Mainland China markets, somewhat isolated from world markets, initially
   showed very strong gains Monday after recent severe losses, but the
   Shanghai Composite eventually closed up 2.4 percent.
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   [1]http://www.voanews.com/content/global-markets-greece-austerity-refer
   endum/2850411.html

References

   1. http://www.voanews.com/content/global-markets-greece-austerity-referendum/2850411.html