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Jun 20, 2012

Global shares rise as investors bet Fed will “Twist” again

SINGAPORE (Reuters) – Asian shares rose on Wednesday and the euro clung to most of the previous session’s gains as investors bet that Europe’s worsening debt crisis and faltering global growth will prompt major central banks to launch a new round of monetary stimulus.

Attention was focused on the U.S. Federal Reserve, which concludes a two-day policy meeting later on Wednesday, with expectations high that the central bank will extend its bond-buying program dubbed “Operation Twist”.

Jun 20, 2012

Shares rise as investors bet Fed will ‘Twist’ again

SINGAPORE, June 20 (Reuters) – Asian shares rose on
Wednesday and the euro clung to most of the previous session’s
gains as investors bet that Europe’s worsening debt crisis and
faltering global growth will prompt major central banks to
launch a new round of monetary stimulus.

Attention was focused on the U.S. Federal Reserve, which
concludes a two-day policy meeting later on Wednesday, with
expectations high that the central bank will extend its
bond-buying programme dubbed “Operation Twist”.

Jun 19, 2012

Asia stocks slip as euro zone fears focus on Spain

SINGAPORE (Reuters) – Asian shares slipped on Tuesday as a post-Greek election relief rally quickly ran out of steam, with rising Spanish and Italian bond yields signaling that European leaders still have much to do to contain the euro zone debt crisis.

The euro steadied but remained just shy of $1.26, a good distance off the high of $1.2748 scaled in early Asian trading on Monday, when markets were cheering a narrow victory for parties that support Greece’s international bailout deal.

Jun 18, 2012

Euro jumps in relief rally after Greek vote

SINGAPORE (Reuters) – The euro jumped to a one-month high and Asian shares rose nearly 2 percent on Monday after Greece’s election delivered a slim parliamentary majority to pro-bailout parties, a result seen as crucial to European leaders’ efforts to hold the euro together.

U.S. stock index futures and riskier commodities such as crude oil and copper also rose, while gold fell after a rally last week, when investors had looked to bullion as a safe haven amid fears the election could trigger financial turmoil.

Jun 18, 2012

Euro, Asian shares jump in relief rally after Greek vote

SINGAPORE (Reuters) – The euro jumped to a one-month high and Asian shares rose on Monday after Greece’s cliff-hanger election delivered a slim parliamentary majority to pro-bailout parties, a result seen as crucial to European leaders’ efforts to hold the euro together.

U.S. stock index futures and riskier commodities such as crude oil also rose, while gold fell after having gained for the past six sessions, when investors had looked to bullion as a safe haven amid fears the election could result in financial turmoil.

Jun 18, 2012

Euro, shares jump in relief rally after Greek vote

SINGAPORE, June 18 (Reuters) – The euro jumped to a
one-month high and Asian shares rose on Monday after Greece’s
cliffhanger election delivered a slim parliamentary majority to
pro-bailout parties, a result seen as crucial to European
leaders’ efforts to hold the euro together.

U.S. stock index futures and riskier commodities such as
crude oil also rose, while gold fell after having gained for the
past six sessions, when investors had looked to bullion as a
safe haven amid fears the election could result in financial
turmoil.

Jun 15, 2012

Asian shares rise as markets bet on central bank support

SINGAPORE (Reuters) – Asian shares rose on Friday and the euro edged higher as traders placed modest bets that central banks will unleash further monetary stimulus measures, but volumes were razor-thin amid fears that Sunday’s Greek election could trigger market turmoil.

Global markets have been volatile this week amid uncertainty about the outcome of the poll, which could set Greece on a path out of the euro zone and increase the likelihood of financial contagion engulfing other weak economies in the bloc.

Jun 15, 2012

Global shares edge up as central banks stand ready to act

SINGAPORE (Reuters) – Asian shares edged up on Friday, and the euro held most of the previous session’s gains, as nervous investors took comfort from plans for coordinated action by major central banks to stabilize markets if Sunday’s election in Greece results in turmoil.

Global markets have been volatile this week amid uncertainty about the outcome of the poll, which could set Greece on a path out of the euro zone and increase the likelihood of financial contagion engulfing other weak economies in the bloc.

Jun 15, 2012

Shares edge up as central banks stand ready to act

SINGAPORE, June 15 (Reuters) – Asian shares edged up on
Friday, and the euro held most of the previous session’s gains,
as nervous investors took comfort from plans for coordinated
action by major central banks to stabilise markets if Sunday’s
election in Greece results in turmoil.

Global markets have been volatile this week amid uncertainty
about the outcome of the poll, which could set Greece on a path
out of the euro zone and increase the likelihood of financial
contagion engulfing other weak economies in the bloc.

Jun 1, 2012

Slowdown worsens as Europe sinks, U.S. stutters

By Alex Richardson

(Reuters) – China’s slowdown worsened in May as its factories saw a further deterioration in demand at home and abroad, dealing a new blow to a global economy struggling with a sharp downturn in Europe and a faltering recovery in the United States.

The darkening outlook was underlined by data showing the fourth monthly decline this year in exports from South Korea, the first major economy to report May numbers, as shipments to the United States, Europe and China all fell.

    • 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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