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Mar 26, 2012

Asian shares struggle as growth worries linger

SINGAPORE (Reuters) – Asian shares struggled on Monday, with materials and technology stocks losing ground amid concerns about the impact on profits of a slowdown in the global economy.

Commodity-linked currencies such as the Australian dollar steadied after a hammering last week on worries of easing demand for resources from China, while the euro held near a three-week high.

Mar 26, 2012

Asian shares edge up as resource stocks bounce back

SINGAPORE (Reuters) – Asian shares edged up on Monday, finding some support after losing ground last week on fears of the impact of an economic slowdown in China, and the euro held near a three-week high.

Commodity-linked currencies such as the Australian dollar steadied after a hammering last week on concerns of easing demand for resources, but commodities themselves were mixed, with copper inching up while oil lost a little ground.

Mar 23, 2012

Growth worries hit Asian shares

SINGAPORE (Reuters) – Asian shares fell on Friday and growth-linked currencies such as the Australian dollar were shunned after data showing shrinking factory activity in China and the euro zone heightened concerns about a slowdown in the global economy.

Materials stocks such as miner BHP Billiton were prominent among the losers, but crude oil steadied after tumbling overnight and copper bounced off a 2-week low.

Mar 23, 2012

Asian shares fall on global growth worries

SINGAPORE, March 23 (Reuters) – Asian shares fell on Friday
and growth-linked currencies such as the Australian dollar were
shunned after data showing shrinking factory activity in China
and the euro zone heightened concerns about a slowdown in the
global economy.

Materials stocks such as miner BHP Billiton led the
losses on growth concerns, but crude oil steadied after tumbling
overnight and copper bounced off a 2-week low.

Mar 20, 2012

Chinese shares lead a slip in Asia

SINGAPORE (Reuters) – Shares slipped on Tuesday, led by losses in Hong Kong and Shanghai on underwhelming corporate earnings, while the euro held near its highest level in a week on easing fears about wider damage to the financial system from Greece’s debt crisis.

Commodities were broadly weaker, with base and precious metals both edging down, while crude oil eased more than half a percent on an improved supply outlook as Libyan exports are returning to pre-war levels faster than expected.

Mar 20, 2012

Asian shares fall, led by China; euro steady

SINGAPORE, March 20 (Reuters) – Asian shares slipped on
Tuesday, dragged down by losses in Hong Kong and Shanghai, while
the euro held near its highest level in a week after an orderly
auction of Greek default insurance eased fears about the threat
to the single currency posed by Greece.

Commodities were broadly weaker, with base and precious
metals both edging down, while crude oil eased around half a
percent on an improved supply outlook as Libyan exports are
returning to pre-war levels faster than expected.

Feb 21, 2012

Euro jumps, but Greek deal fails to ignite stocks

SINGAPORE (Reuters) – The euro jumped and U.S. Treasuries dipped on Tuesday after euro zone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued.

The single currency initially jumped more than half a cent after finance ministers approved a 130-billion-euro rescue, with strict conditions, that averts an default next month by Athens.

Feb 21, 2012

Asian stocks pare losses on Greek deal

SINGAPORE (Reuters) – The euro jumped and Asian stocks pared losses on Tuesday after euro zone policy makers agreed to a second bailout package for Greece in marathon talks that went deep into the Brussels night.

The single currency jumped around half a cent after euro zone finance ministers approved a 130-billion-euro rescue, with strict conditions, that averts an imminent default by Athens.

Feb 21, 2012

Asian stocks, euro ease as markets await Greek deal

SINGAPORE (Reuters) – Asian stocks and the euro faltered on Tuesday, as a rally that had been driven by expectations of a second bailout package for Greece ran out of steam with a deal still not quite sealed.

Euro zone finance ministers were expected to approve a 130-billion-euro rescue with strict conditions after months of uncertainty that has shaken the currency bloc, although work remained to be done to make the numbers add up.

Feb 21, 2012

Stocks, euro ease as markets await Greek deal

SINGAPORE (Reuters) – Asian stocks and the euro faltered on Tuesday, as a rally that had been driven by expectations of a second bailout package for Greece ran out of steam with a deal still not quite sealed.

Euro zone finance ministers were expected to approve a 130-billion-euro rescue with strict conditions after months of uncertainty that has shaken the currency bloc, although work remained to be done to make the numbers add up.

    • 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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