SINGAPORE (Reuters) – Asian shares retreated and the euro and commodities nursed stinging losses on Thursday after fears that Europe’s debt crisis is still worsening prompted investors to dump riskier assets and huddle in the safety of the dollar and Treasuries.

The market view that a European Union summit last week had failed to produce a solution to the crisis was reinforced when Italy was forced to pay an eye-watering 6.47 percent on 5-year bonds on Wednesday, a record borrowing cost for the euro era.

SINGAPORE (Reuters) – Asian shares drifted lower and the euro idled near an 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe’s still-unresolved sovereign debt crisis.

Wall Street stocks fell after the U.S. central bank’s final policy meeting of the year, at which the Fed noted modest improvement in the U.S. economy but added that market turbulence in the face of Europe’s woes posed a big risk.

SINGAPORE (Reuters) – Asian shares drifted lower and the euro floundered near an 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe’s still-unresolved debt crisis.

Wall Street stocks fell after the U.S. central bank’s final policy meeting of the year, at which the Fed noted modest improvement in the U.S. economy but added that market turbulence in the face of Europe’s woes posed a big risk.

SINGAPORE (Reuters) – Asian shares drifted lower and the euro floundered near an 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe’s still-unresolved debt crisis.

Wall Street stocks fell after the U.S. central bank’s final policy meeting of the year, at which the Fed noted modest improvement in the U.S. economy but added that market turbulence in the face of Europe’s woes posed a big risk.

SINGAPORE, Dec 14 (Reuters) – Asian shares drifted
lower and the euro floundered near an 11-month low on Wednesday
after the Federal Reserve failed to take any new steps to
stimulate growth and offset the chilling effects of Europe’s
still-unresolved debt crisis.

Wall Street stocks fell after the U.S. central bank’s final
policy meeting of the year, at which the Fed noted modest
improvement in the U.S. economy but added that market turbulence
in the face of Europe’s woes posed a big risk.

SINGAPORE (Reuters) – Asian stocks sank on Tuesday and the euro languished near a two-month low as investors took fright at the prospect of mass euro zone sovereign ratings downgrades after the outcome of a “last chance” European Union summit failed to convince markets.

Commodities steadied after a hammering in the previous session and the so-called risk currencies of big resource producers such as Australia nursed heavy losses as investors huddled in the relative safety of the dollar.

SINGAPORE (Reuters) – Asian stocks sank on Tuesday and the euro languished near a two-month low as investors took fright at the prospect of mass euro zone sovereign ratings downgrades after the outcome of a “last chance” European Union summit failed to convince markets.

Commodities were also abandoned and the “risk” currencies of big resource producers such as Australia nursed heavy losses as investors huddled in the relative safety of the dollar, lifting both the U.S. currency and Treasuries.

SINGAPORE, Dec 13 (Reuters) – Asian stocks sank on
Tuesday and the euro languished near a two-month low as
investors took fright at the prospect of mass euro zone
sovereign ratings downgrades after the outcome of a “last
chance” European Union summit failed to convince markets.

Commodities were also abandoned and the “risk” currencies of
big resource producers such as Australia nursed heavy losses as
investors huddled in the relative safety of the dollar, lifting
both the U.S. currency and Treasuries.

SINGAPORE (Reuters) – Asian shares fell on Thursday as doubts set in about whether European leaders can agree on a plan to tackle the euro zone’s two-year-old debt crisis at a high-stakes summit on Friday.

A media report that the G20 was preparing a $600 billion lending facility for the International Monetary Fund to help Europe gave a late lift to U.S. stocks and briefly boosted the euro, but the effect faded after it was denied by G20 and IMF officials.

SINGAPORE, Dec 8 (Reuters) – Asian shares fell on
Thursday as doubts set in about whether European leaders can
agree on a plan to tackle the euro zone’s two-year-old debt
crisis at a high-stakes summit on Friday.

A media report that the G20 was preparing a $600 billion
lending facility for the International Monetary Fund (IMF) to
help Europe gave a late lift to U.S. stocks and briefly boosted
the euro, but the effect faded after it was denied by G20 and
IMF officials.