The euro lost ground Friday on uncertainty about Greece's future in the eurozone as it struck a last-minute deal to delay a debt repayment, but still faced several stumbling blocks to reaching a bailout reform agreement.

In Tokyo trading, the single currency weakened to $1.1220 and 139.63 yen from $1.1239 and 139.79 yen in New York.

Oil prices rose in Asia Friday but gains were capped before a key meeting of the OPEC cartel, which is expected to maintain its current production levels despite an oversupplied global market. 

U.S. benchmark West Texas Intermediate for July delivery edged up two cents to $58.02 while Brent crude for July gained eight cents to $62.11 in afternoon trade. 

Greece bought time in debt crisis negotiations with official creditors Thursday when it moved to bundle four looming IMF loan payments into one, to be paid by the end of June.

The rare move, permitted by the International Monetary Fund only once before, allowed Athens to avoid a Friday deadline to remit about 300 million euros ($340 million) to the crisis lender, as it weighs the newest proposal from its IMF, European Commission and European Central Bank creditors.

Under the patronage of Minister of Economy and Trade, Alain Hakim, “Project Lebanon 2015”, the 20th International Trade Exhibition for Construction Materials and Equipment for Lebanon and the Middle East, opened its doors on Tuesday at BIEL, in the presence of the ambassadors of the participating countries and a number of officials, diplomats and dignitaries.

Clearly indicating the rising interest paid by international companies and businessmen to Project Lebanon as an effective tool to strengthen their presence in the Lebanese and regional markets, more than 400 exhibitors participate in this year’s edition; including 150 international companies representing 24 countries including Italy, France, Belgium, Turkey, Egypt, Romania, Cyprus, Iran, Germany, Spain, Switzerland, Greece, Malaysia, Slovakia, Russia, the United Arab Emirates, China, India, Kuwait, Lebanon and Brazil.

France's central bank Thursday said French growth would accelerate over the next two years, in its first-ever annual projections for the eurozone' second largest economy. 

The economy was seen growing at 1.2 percent this year, rising to 1.8 percent in 2016 and 1.9 percent in 2017.

Hundreds of containers lie idle in the scorching sun that pounds Iran's southeastern port of Chabahar, a free trade zone crippled by decades of international sanctions.

But against the backdrop of nuclear talks between Tehran and world powers, authorities hope foreign investors will finally wise up to the "golden opportunity" of doing business in Chabahar, Iran's only gateway to the Indian Ocean.

Swedish furniture giant IKEA announced Wednesday that it would expand its online sales service to include home deliveries in all countries where it has stores.

Most of the company's national Internet sites currently only allow shoppers to check availability of items online, without offering deliveries, with the exception of some long-standing markets including Sweden, France and Canada.

New York's powerful banking regulator Benjamin Lawsky said Wednesday that digital currencies like Bitcoin pose a major challenge, but should not be stifled.

Lawsky, the outgoing superintendent of the state's Department of Financial Services, said finance industry watchdogs have to accept that cyber-currencies are here to stay, and could have "a profound impact" on payments technologies and the financial system over the coming decade.

Greece and its creditors failed to reach a breakthrough at crunch talks in Brussels Thursday despite saying they had made progress towards a deal that could save Athens from a possible euro exit.

Anti-austerity Prime Minister Alexis Tsipras met European Commission chief Jean-Claude Juncker in a bid to hammer out a reform plan that could unlock the final 7.2-billion-euro ($8.0-billion) tranche of Greece's bailout.

The global oil market should be "more balanced" in the second half of the year, Qatar's energy minister said Wednesday before an OPEC meeting widely expected to leave output unchanged.

"The last nine months or so have been particularly challenging for the oil industry," Mohammed Al-Sada said in Vienna ahead of Friday's semi-annual meeting.