TOKYO (Reuters) – A rally in Asian shares fizzled out on Thursday as markets marked time before the European Central Bank's policy decision later in the day, with the euro staying pressured by widespread expectations of a rate cut to support fragile euro zone growth. The sa
TOKYO (Reuters) – Asian shares jumped and the euro surged more than 1 percent on Friday after European leaders agreed that euro zone banks could be recapitalized without adding to government debt, soothing fears over growing credit strains in Italy and Spain. As the dollar retre
Reuters – Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal’s refinancing ability capped gains. Yahoo! News: Busine
Reuters – U.S. rating agency Standard & Poor’s cut its credit rating of the euro zone’s EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks if it is to avoid an unruly default. Yahoo! News: Business News
Reuters – Asian shares made solid gains and the euro rose on Tuesday, but concerns over euro zone sovereign funding ahead of key auctions outweighed some optimism on the economic outlook elsewhere and kept investors cautious about taking riskier positions. Yahoo! News: Business
Reuters – The German and French leaders meet on Monday to discuss ways to boost growth in euro zone states struggling to overcome the sovereign debt crisis and rising unemployment, and finalise a deal to increase fiscal coordination within the currency union. Yahoo! News: Busine
Reuters – Stocks fell on Thursday as encouraging reports on the labor market were not enough to offset concerns about the euro zone’s debt crisis. Yahoo! News: Business News
Reuters – Asian stocks rose on Wednesday as investor risk appetite returned after upbeat U.S. and European economic data improved the global growth outlook, but the euro’s gains were short-lived due to deep-set worries over the European debt crisis. Yahoo! News: Business N
Reuters – European stocks and the euro were under pressure Tuesday after a euro zone plan to boost crisis funds parked with the IMF failed to reach a hoped-for target, though looming ECB funding for the region’s banks lifted sentiment in some bond markets. Yahoo! News: Bus
Reuters – Stocks fell on Wednesday as weak commodity prices sparked a selloff in the energy and materials sectors and as a falling euro and high Italian bond yields kept Europe’s debt crisis in focus. Yahoo! News: Business News