TOKYO, Oct 24 – The Nikkei rose on Monday after the weekend yielded signs of progress on a plan to contain the euro zone’s sovereign debt crisis through bank recapitalisation and leveraging the regional rescue fund.
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Nikkei rises on hopes for European debt solution
CATEGORY: News
* EU/IMF debt report sees need for 60 pct Greek debt writedown
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WRAPUP 7-Greece may need 60 pct bond writedown; EU at odds pre-summit
CATEGORY: News
LONDON, Oct 20 – Britain’s FTSE 100 index is seen opening lower on Thursday, giving back all of the gains made in the previous session after a late sell-off on Wall Street and weakness in Asia, as signs of discord between Paris and Berlin took their toll on sentiment ahead of a key European leaders’ summit on Sunday.
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UK Stocks-Factors to watch on Thurs Oct 20
CATEGORY: News
* Greece says concluded talks with EU/IMF on aid tranche
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WRAPUP 4-Greece loan talks advance, EU delays summit
CATEGORY: News
* Board considering 800 mln euro cap hike proposal-source
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UPDATE 2-Pop Milano proposes two boards, 800 mln euro cap hike
CATEGORY: News
* Labour meeting votes on reform plan
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UPDATE 1-UK’s Labour urges Cameron to push for Europe growth
CATEGORY: News
BERLIN, Sept 25 – Allowing Greece to default on its debt now would destroy investor confidence in the euro zone and might spark contagion like that experienced after the bankruptcy of Lehman Brothers in 2008, German Chancellor Angela Merkel said on Sunday.
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Greek default would destroy faith in Europe-Merkel
CATEGORY: News
TOKYO, Sept 20 – The Nikkei average fell on Tuesday after Standard & Poor’s cut Italy’s debt rating and worries about the global impact of continued financial turmoil in the euro zone mounted, but caution ahead of a U.S.
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Nikkei slips after S&P cuts Italy rating
CATEGORY: News
BEIJING, Sept 20 – A big market-making state bank in China’s onshore foreign exchange market has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, two sources told Reuters on Tuesday.
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China bank stops FX swaps, forwards with some European banks -sources
CATEGORY: News
TOKYO, Sept 16 – The Nikkei stock average rose more than 2 percent on Friday, posting its biggest daily percentage gain since March, as coordinated action from central banks calmed fears of a European credit freeze and sent financial shares surging.
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Nikkei climbs over 2 pct, financials lead gains
CATEGORY: News
