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Oct 10, 2011

China drags on Asian stocks, euro up on debt deal hopes

SINGAPORE (Reuters) – The euro rose on Monday after the leaders of France and Germany pledged to unveil a plan to solve the euro zone’s sovereign debt crisis by the end of the month, but Asian shares struggled to make gains as Hong Kong and China stocks dragged.

Commodities were mostly stronger, helped by optimism on action in Europe and better-than-expected U.S. jobs data on Friday that eased fears of renewed recession in the world’s biggest economy.

Oct 10, 2011

Stocks, euro inch up on debt deal hopes

SINGAPORE (Reuters) – Asian shares and the euro edged up on Monday after the leaders of France and Germany pledged to unveil a comprehensive plan to solve the euro zone’s two-year-old sovereign debt crisis by the end of the month.

European policymakers have been under pressure from volatile financial markets, amid fears that the crisis is heading inexorably toward a default by Greece — and perhaps others — that could unleash turmoil in the banking system.

Oct 7, 2011

Asian stocks rise, euro steady on Europe bank

SINGAPORE (Reuters) – Asian stocks rose on Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis.

The European Central Bank (ECB) announced aggressive liquidity measures on Thursday, throwing a lifeline to lenders who have seen wholesale funding drying up as market confidence ebbed, and the European Union said it would present a plan for a coordinated recapitalization of banks by member states.

Oct 7, 2011

Asian stocks rise, euro steady on Europe bank moves

SINGAPORE, Oct 7 (Reuters) – Asian stocks rose on Friday and
the euro clung to gains from a 2-cent rally after euro zone
policymakers moved to shore up struggling banks and fend off a
financial crisis.

The European Central Bank (ECB) announced aggressive
liquidity measures on Thursday, throwing a lifeline to lenders
who have seen wholesale funding drying up as market confidence
ebbed, and the European Union said it would present a plan for a
coordinated recapitalisation of banks by member states.

Sep 29, 2011

Commodities slide, asian stocks fall on euro crisis

SINGAPORE (Reuters) – Asian shares and commodities fell on Thursday on growing worries that Europe’s intractable debt problems will plunge the world economy into a second global financial crisis.

Copper fell below $7,000 a tonne, gold slipped below $1,600 an ounce to stand more than $300 below its record high earlier this month, and commodities-related stocks were dumped.

Sep 29, 2011

Commodities slide, global stocks fall on euro crisis fears

SINGAPORE (Reuters) – Asian shares and commodities fell on Thursday on growing worries that Europe’s intractable debt problems will plunge the world economy into a second global financial crisis.

Copper fell below $7,000 a tonne, gold slipped below $1,600 an ounce to stand more than $300 below its record high earlier this month, and commodities-related stocks were dumped.

Sep 29, 2011

Commodities slide, stocks fall on euro crisis fears

SINGAPORE, Sept 29 (Reuters) – Asian shares and commodities
fell on Thursday on growing worries that Europe’s intractable
debt problems will plunge the world economy into a second global
financial crisis.

Copper fell below $7,000 a tonne, gold slipped below $1,600
an ounce to stand more than $300 below its record high earlier
this month, and commodities-related stocks were dumped.

Sep 28, 2011

Asian stocks edge up, euro stalls as caution prevails

SINGAPORE (Reuters) – Asian stocks edged higher and a rally in the euro stalled on Wednesday, as investors looked for more signs that European leaders were tackling a debt crisis that threatens the financial system before committing bolder market bets.

Oil and metals fell and the dollar rose as a rebound in riskier assets ran out of steam and money managers sought safety in the U.S. currency amid signs that a deal on beefing up the euro zone’s rescue fund still faced major hurdles.

Sep 28, 2011

Asian stocks edge up, euro down as caution prevails

SINGAPORE (Reuters) – Asian stocks crawled higher and a rally in the euro stalled on Wednesday, as investors looked for more signs of progress from European leaders on tackling a debt crisis that threatens the financial system before committing bolder market bets.

Oil and metals fell and the dollar rose as a rebound in riskier assets ran out of steam amid signs that a deal on beefing up the euro zone’s rescue fund still faced major hurdles.

Sep 28, 2011

Stocks edge up, euro down as caution prevails

SINGAPORE, Sept 28 (Reuters) – Asian stocks crawled higher
and a rally in the euro stalled on Wednesday, as investors
looked for more signs of progress from European leaders on
tackling a debt crisis that threatens the financial system
before committing bolder market bets.

Oil and metals fell and the dollar rose as a rebound in
riskier assets ran out of steam amid signs that a deal on
beefing up the euro zone’s rescue fund still faced major
hurdles.

    • About Alex

      "I work on the Asia Desk in Singapore, editing general and political news stories from across the region. Before coming to Asia I was Reuters Northern Ireland correspondent."
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