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Sep 27, 2011

Asia stocks gain on hopes for euro zone plan

SINGAPORE, Sept 27 (Reuters) – Asian shares rose on Tuesday
on hopes that euro zone officials will act to corral Greece’s
debt woes and prevent another full-blown banking crisis, but the
euro failed to hold on to all its gains.

After three sessions of wild swings on commodities markets,
oil and copper rose, but gold fell further to stand about $300
below the record of more than $1,920 an ounce it scaled in early
September.

Sep 26, 2011

World stocks, euro slide on fears Europe crisis response too slow

SINGAPORE (Reuters) – European stock index futures fell on Monday, following a slump in Asian shares, and the euro slid amid scepticism that Europe’s latest efforts to contain its sovereign debt crisis can prevent it from wreaking more damage on the world economy.

A broad commodities rout continued, with precious metals, industrial metals and oil all in headlong retreat as investors rushed to take riskier bets off the table and preserve their capital.

Sep 26, 2011

Stocks gain, euro steadies on Europe hopes

Sept 26 (Reuters) – Asian shares rose and the euro steadied
on Monday on reports that European leaders, under pressure from
tumbling markets, were working on new ways to stop the fallout
from the euro zone sovereign debt crisis wreaking more damage on
the world economy.

MSCI’s broadest index of Asia Pacific shares outside Japan
rose 0.6 percent, after dropping 7.5 percent
last week. Tokyo’s Nikkei , which was closed for a
holiday on Friday as regional markets fell, eased 0.4 percent.

Sep 22, 2011

Global stocks slide as Fed’s “Twist” fails to stir buyers

SINGAPORE (Reuters) – Asian stocks fell on Thursday, following a slide on Wall Street, as investors took fright at a warning from the Federal Reserve that the United States faced a grim economic outlook with “significant downside risks”.

The dollar gained on the prospect of higher short-term interest rates after the Fed said it would sell $400 billion of short-term Treasury bonds to buy longer-dated debt in a widely predicted move known as “Operation Twist”, aimed at stimulating the economy by forcing down long-term borrowing costs.

Sep 22, 2011

Stocks slide as Fed’s “Twist” fails to stir buyers

SINGAPORE (Reuters) – Asian stocks fell on Thursday, following a slide on Wall Street, as investors took fright at a warning from the Federal Reserve that the United States faced a grim economic outlook with “significant downside risks.”

The dollar gained on the prospect of higher short-term interest rates after the Fed said it would sell $400 billion of short-term Treasury bonds to buy longer-dated debt in a widely predicted move known as “Operation Twist,” aimed at stimulating the economy by forcing down long-term borrowing costs.

Sep 21, 2011

Global stocks edge up ahead of Fed, euro recovers

SINGAPORE/HONG KONG (Reuters) – Asian stocks edged up and the euro clawed back lost ground as investors waited for the end later on Wednesday of a Federal Reserve policy meeting expected to announce further steps to stimulate the flagging U.S. economic recovery.

The dollar fell close to a record low against the yen, pressured by strong selling by Japanese exporters that triggered traders’ stop-losses.

Sep 21, 2011

Stocks edge up ahead of Fed, euro recovers

SINGAPORE/HONG KONG, Sept 21 (Reuters) – Asian stocks edged
up and the euro clawed back lost ground as investors waited for
the end later on Wednesday of a Federal Reserve policy meeting
expected to announce further steps to stimulate the flagging
U.S. economic recovery.

The dollar fell close to a record low against the yen,
pressured by strong selling by Japanese exporters that triggered
traders’ stop-losses.

Sep 20, 2011

Asia stocks, euro fall after Italy downgrade

SINGAPORE, Sept 20 (Reuters) – Asian stocks and the euro
fell on Tuesday after ratings agency S&P downgraded Italy and
amid fears of a Greek default, as investors worried that the
euro zone’s debt woes will pitch the global financial system
into a full-blown banking crisis.

Oil steadied after tumbling on Monday on concerns the
economic damage wreaked by the euro zone crisis would hurt
industrial demand. The dollar firmed as market players sought
safety in the U.S. currency despite expectations of further
easing steps by the Federal Reserve this week.

Sep 15, 2011

Asian stocks rebound on Europe debt hopes

HONG KONG/SINGAPORE, Sept 15 (Reuters) – Asian stocks
bounced on Thursday after tentative steps by euro zone
policymakers to tackle a crippling debt crisis, but investors
remained wary that obstacles the bloc’s leaders face could weigh
on the euro and Asian currencies in the medium term.

The euro held most of its gains against the dollar after
jumping on Wednesday, when Germany and France voiced their
commitment to keeping debt-ladened Greece in the euro zone.

Sep 14, 2011

Stocks fall as euro crisis saps confidence

SINGAPORE (Reuters) – Asian stocks, U.S. index futures and the euro fell on Wednesday as investors remained unconvinced that euro zone leaders have a coherent plan to tackle the bloc’s sovereign debt problems, which many fear could trigger a new banking crisis.

Global markets have been roiled since the end of July by the twin fears of renewed recession in the United States and Europe’s protracted debt woes, which have seen Greece, Ireland and Portugal forced to take bailouts and piled bond market pressure on Italy and Spain.

    • 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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