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Gold Prices in Tight Range, January Gains Hearten Investors

Gold prices were on course for their biggest monthly rise since August on Tuesday, boosted by economic unease in Europe and the United States and raising the possibility of a climb toward last year's record high of just over $1,900 per ounce.

Euro zone jobless hits highest level since birth of euro

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Euro zone unemployment has risen to its highest level since before the euro was introduced, data showed on Tuesday, a day after EU leaders promised to focus on creating millions of new jobs to try to kickstart Europe's floundering economy.

Nikkei Ends Flat, but Has Best January in 13 Years

Japan's Nikkei share average ended nearly flat on Tuesday, but logged its best January performance in 13 years as investors remained optimistic that the U.S. economic recovery could offset disappointing domestic corporate earnings.
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Germany's Chancellor Merkel meets with France's President Sarkozy and Italy's Prime Minister Monti shortly before an informal meeting of the European Council ahead of the European Union leaders summit in Brussels

EU States Back Germany's Fiscal Discipline Pact

Chancellor Angela Merkel cemented her political ascendancy in Europe Monday when 25 out of 27 EU states agreed to a German-inspired pact for stricter budget discipline, even as they struggled to rekindle growth from the ashes of austerity.
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Nikkei Heads for Best January Performance in 13 Years

Japan's Nikkei share average was on track to snap a three-day losing run Tuesday and headed for its best January performance since 1999, as investors took cues from optimism about the U.S. economy and shrugged off weaker corporate earnings results.
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Bond Markets Pushing Portugal Back Toward the Brink

Portugal's slide towards becoming the next Greece - needing a second bailout to avoid bankruptcy - accelerated on Monday as untrusting underwriters hiked the cost of insuring Lisbon's bonds to new highs and insisted it be paid up front.
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Markets push Portugal towards bond pariah Greece

Portugal's slide towards becoming the next Greece - needing a second bailout to avoid bankruptcy - accelerated on Monday as untrusting underwriters hiked the cost of insuring Lisbon's bonds to new highs and insisted it be paid up front.
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Euro zone confidence improves, highlights divergence

Confidence in the euro zone's economy strengthened in January for the first time since early 2011, EU data showed on Monday, but a recovery in Germany masked a deterioration in France and Italy, highlighting the bloc's diverging fortunes.
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Optimism builds in euro zone economy, picture still mixed

Confidence in the euro zone's economy strengthened in January for the first time since early 2011, EU data showed on Monday, but a recovery in Germany masked a deterioration in France and Italy in a sign of the bloc's diverging fortunes.
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Asian shares, euro guarded over likely Greek debt deal

Asian shares inched down and the euro fell from its highest in more than six weeks Monday, as markets cautiously tuned in to a likely debt swap deal for Greece that is crucial to avoiding a messy default and eyed yet another European summit meeting.
A Greek and an EU flag fly over the Greece's Finance Ministry in Athens

EU Leaders to Agree on Permanent Bailout Fund

EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule in national legislation, with unresolved problems in Greece casting a shadow on the discussions.
Visitors are reflected in window of the congress center, venue of the World Economic Forum (WEF) in Davos

Davos Elite See Euro Surviving -- for Now

On the European currency, a mood of short-term relief tinged with longer-term doubt prevails among the world's movers and shakers at this year's World Economic Forum session in the Swiss Alps.
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Investors cue up Portugal as the next Greece

Investors are betting that after cap-in-hand Greece comes Portugal, selling off its stocks and bonds in the belief that the euro zone laggard cannot avoid a default without a second bailout.
A man monitors stock market prices inside a brokerage in Taipei

World Stock Markets Steady Near 5 1/2-Month High

World stocks held steady near a 5-1/2 month high on Friday as investors anticipated an imminent conclusion to Greek debt talks while lower Spanish bond yields and a fall in Italy's six-month borrowing costs also supported the euro.
An NYSE is seen over the trading floor of the New York Stock Exchange

U.S. Stock Futures Point to Steady Open

Stock index futures pointed to a steady open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures up 0.05 percent and Nasdaq 100 futures up 0.2 percent at 4 a.m. ET.
A shop sells garments for one euro in downtown Lisbon

Portugal and Greek Concerns Weigh on World Stocks

World stocks fell from a 5-1/2 month high on Friday as gains spurred by the Federal Reserve's pledge of low interest rates gave way to concerns about Portugal, seen as the next domino in the Eurozone crisis, and uncertainty over Greek debt talks.
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Europe searches for mythical jobs and growth formula

Since the start of the year, one phrase has tripped off the lips of European leaders more than any other: jobs and growth. After two years of debt crisis and budget austerity, there is a strong desire to shift the narrative on.
Tents of 'Occupy Frankfurt' movement are pictured next to Euro currency sign sculpture in front of ECB headquarters in Frankfurt

European Shares, Single Currency Decline

The euro and European shares weakened on Wednesday as fears about the prospect of a Greek debt default overwhelmed positive news on the outlook for Germany, the region's largest economy.
Hans Vestberg, president and CEO of Ericsson Group, holds a ST-Ericsson 4G LTE chip during his keynote address at the 2012 International CES in Las Vegas

Slowdown Hits Ericsson Profits, Shares Dive

World No.1 mobile equipment maker Ericsson saw its profit halve in the fourth quarter as the global economic slowdown hit demand, and forecast network operators would remain cautious on spending in the months ahead.
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Debt worries check signs of economic recovery

Signs the euro zone's weak economy may have turned a corner gave a brief lift to the single currency in choppy trading on Tuesday, but worries over the setback in Greek debt talks, seen as vital for avoiding a messy default, weighed on sentiment.

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