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Dec 8, 2011

Shares fall, euro lower as EU summit jitters weigh

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.

Dec 8, 2011

Asian shares, euro drift lower as EU summit jitters weigh

SINGAPORE (Reuters) – Asian shares and the euro drifted down on Thursday as investors fretted over whether European leaders can agree a plan to tackle the euro zone’s two-year-old debt crisis at a make-or-break summit this week.

A 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.

Dec 8, 2011

Shares, euro drift lower as EU summit jitters

SINGAPORE (Reuters) – Asian shares and the euro drifted down Thursday as investors fretted over whether European leaders can agree a plan to tackle the euro zone’s two-year-old debt crisis at a make-or-break summit this week.

A 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.

Dec 6, 2011

Asian stocks, euro fall after S&P downgrade warning

SINGAPORE (Reuters) – Asian stocks and the euro fell on Tuesday after ratings agency Standard & Poor’s warned it might downgrade euro zone countries en masse if European leaders fail to produce a credible plan to solve the region’s debt crisis at a summit later this week.

The unprecedented warning brought to a halt a rally in global equities that began last week and had continued on Monday, when the leaders of France and Germany agreed a plan aimed at guiding the region out of its two-year-old crisis.

Dec 6, 2011

Asian shares, euro dip after S&P downgrade

SINGAPORE (Reuters) – Asian stocks and the euro dipped on Tuesday after ratings agency Standard & Poor’s warned it might downgrade euro zone countries en masse, piling pressure on European leaders ahead of a summit later this week.

The unprecedented warning brought to a halt a rally in global equities that began last week and had continued on Monday, when the leaders of France and Germany agreed a plan aimed at guiding the region out of its two-year-old debt crisis.

Dec 6, 2011

Asian shares, euro dip after S&P downgrade warning

SINGAPORE, Dec 6 (Reuters) – Asian stocks and the euro
dipped on Tuesday after ratings agency Standard & Poor’s warned
it might downgrade euro zone countries en masse, piling pressure
on European leaders ahead of a summit later this week.

The unprecedented warning brought to a halt a rally in
global equities that began last week and had continued on
Monday, when the leaders of France and Germany agreed a plan
aimed at guiding the region out of its two-year-old debt crisis.

Nov 24, 2011

Asia stocks fall, German bond sale shakes euro

SINGAPORE (Reuters) – Asian shares fell on Thursday and the euro struggled close to a seven-week low to the dollar after a botched German bond sale raised alarm that Europe’s ever-worsening sovereign debt crisis is starting to affect even the continent’s economic powerhouse.

Oil slipped further, a day after weak data from Europe, China and the United States stoked fears that the global economy may be heading for a recession that would dull demand for industrial commodities.

Nov 23, 2011

Asian shares slide on China flash PMI, U.S. growth fears

SINGAPORE (Reuters) – Asian shares, U.S. futures and oil fell on Wednesday as a weak Chinese manufacturing survey renewed fears of a hard landing for the world’s No. 2 economy, exacerbating worries about faltering global growth following a downward revision of U.S. GDP data.

The euro also fell, hit by a report in a Belgian newspaper that the Franco-Belgium bailout of Dexia bank — the first casualty of the euro zone sovereign debt crisis — was on the verge of a collapse.

Nov 23, 2011

Asian shares drift lower as growth fears hit

SINGAPORE (Reuters) – Asian shares drifted lower on Wednesday, weighed down by mining and technology stocks after a downward revision of U.S. growth data raised new concerns about the faltering global economy.

The euro crept up after the International Monetary Fund beefed up its lending tools to help shield some smaller countries from the euro zone debt crisis.

Nov 23, 2011

Asian shares drift lower

SINGAPORE (Reuters) – Asian shares drifted lower on Wednesday, weighed down by mining and technology stocks after a downward revision of U.S. growth data raised new concerns about the faltering global economy.

The euro crept up after the International Monetary Fund beefed up its lending tools to help shield some smaller countries from the euro zone debt crisis.

    • 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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