GLOBAL MARKETS

Asian Shares Fall As European Debt Worry Stings Risk Appetite

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Asian shares fell Thursday after a weak Spanish bond sale heightened concerns about funding difficulties by lower-rated euro zone countries, further undermining sentiment hurt by fading expectations for more stimulus from the U.S. Federal Reserve.
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TSE

European Action, Upbeat US Data Drive Results: Daily Markets Wrap

Stocks and other risky assets rallied Friday, rounding out the quarter with even more price gains on a day that encapsulated the main developments of the year so far: encouraging news out of Europe, better-than-expected consumer sentiment in the United States, and the perceived and steady pull of inflation.
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European Financial Crisis Provides Scary Lesson For The World

The perception, driven by bonds' performance, that the euro's success would continue unabated was shattered beginning in October 2009, when Greece’s 10-year yields soared to 10.3 percent. Today, U.S. policymakers may be making the same mistake in failing to recognize threats of a coming financial crisis.
Aung San Suu Kyi

Myanmar: A Nation At A Crossroads

Myanmar is eager to rev up its economy with the hard currency that comes with foreign tourists, but officials question just how far to open the doors.
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US Futures Down Ahead of GDP, Jobs Data

Futures on major US stock indices point to a lower opening on Thursday ahead of economic data including final estimates for fourth quarter GDP and initial jobless claims.
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Asian Markets Dip On U.S., China Growth Worries

Asian shares eased for a second day in a row Thursday, as investors limited their risk exposures on concerns about growth prospects in the world's two largest economies, the United States and China.
European Drinking Habits

WHO: Europeans Named The World's Heaviest Drinkers

People in Europe drink more alcohol than in any other part of the world, downing the equivalent of 12.5 litres of pure alcohol a year or almost three glasses of wine a day, according to report by the World Health Organisation and the European Commission.
Experts work at their screens in the NYSE Euronext cash markets operations room in Paris

Stocks Slip, Yields Edge Up: Daily Markets Wrap

Window dressing, the practice of stock fund managers buying up top performers as the quarter ends to boost the appearance of success, failed Tuesday to lift the major indexes into positive territory.

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