PRECIOUS-Gold rises 1 pct, eyes weekly gain, as euro recovers
* Gold on track to snap two-week run of weekly losses * Euro recovers from four-month low versus dollar * Silver outperforms gold as prices turn positive (Updates throughout, changes dateline, pvs SINGAPORE) ...]]>.....
Asian markets tumble on eurozone turmoil
Asian markets slumped and the euro fell further on Friday as the eurozone debt crisis was stoked by a ratings downgrade for Greece and 16 Spanish banks, while weak US data added to the pessimism. Tokyo ...]]>.....
CORRECTED: Eurozone crisis drives down stocks before G8
World stock markets mostly fell on Friday and the euro hit another four-month dollar low, slammed by a ratings downgrade for Greece and warnings for 16 Spanish banks, ahead of a crucial G8 meeting. In ...]]>.....
Eurozone crisis drives down stocks before G8
World stock markets mostly fell on Friday and the euro hit another four-month dollar low, slammed by a ratings downgrade for Greece and warnings for 16 Spanish banks, ahead of a crucial G8 meeting. In ...]]>.....
Euro under heavy pressure in Asian trade
Traders piled pressure on the euro in Asian trade Friday as political and economic turmoil in Europe sent investors fleeing from the single currency with the yen eyed as a safe haven. The euro stood at ...]]>.....
'Free-falling' Indian rupee hits new lows
The Indian rupee plumbed new depths on Friday, sinking to a record low against the dollar for the third successive day amid turmoil on global markets. The Indian unit fell to 54.82 against the dollar in ...]]>.....
Trichet, in US, defends euro's success
Former European Central Bank chief Jean-Claude Trichet defended Thursday what he called the success of the eurozone since adopting a single currency in 1999. Without minimizing the "enormous" ...]]>.....
Euro under fire after Greece, Spain downgrades
The euro was under fierce pressure Thursday after ratings firms downgraded debt-stricken Greece and 16 Spanish banks amid rampant fears that Greece will exit the eurozone, wreaking financial havoc. The ...]]>.....
European stocks slump, euro hits four-month dollar low
Europe's main stock markets tumbled Thursday and the euro hit a new four-month dollar low as worries spiked over the eurozone debt crisis that is plaguing Greece and now circling Spain. London's benchmark ...]]>.....
Euro, global stocks dip on spreading euro zone fears
) - The euro slipped along with world stocks on Thursday as deepening turmoil in Greece and Spain kept investors wary of riskier assets, with weak U.S. economic data adding to the cautious ...]]>.....
Russia enters bear market as ruble falls
Moscow exchanges entered bear market territory and the ruble fell on Thursday as investors spooked by the eurozone crises continued to flee. Russia's main MICEX index fell through the 1,300 psychological ...]]>.....
Asian markets mixed but Greek fears weigh
Asian markets were mixed on Thursday as the Greek crisis continued to cast a shadow, while dealers got some upbeat news in data showing Japan's economy grew faster than expected. The euro managed to edge ...]]>.....
Greek exit could cost euro zone 100s of billions of euros
) - A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing ...]]>.....
Ruble comes off five-month low
Russia's ruble stabilised against the dollar on Thursday after hitting a five-month low due to falling oil prices and investor flight from risk. The currency stood at 30.96 against the dollar in early ...]]>.....
Euro bounces off lows in Asian trade
The euro strengthened against the dollar in Asia on Thursday after tumbling to a four-month low on rising concern over the eurozone's fiscal woes as debt-hit Greece gets set for fresh elections. The single ...]]>.....
Euro bounces of lows in Asian trade
The euro strengthened against the dollar in Asia on Thursday after tumbling to a four-month low on rising concern over the eurozone's fiscal woes as debt-hit Greece gets set for fresh elections. The single ...]]>.....
