Asian markets and the euro surged Friday after eurozone leaders struck a deal to allow the bloc's bailout fund to directly support struggling banks and pledged $150 billion to boost growth. full story ![]()
Asian stocks rally as news that Cyprus and its international lenders have reached a bailout agreement removes fears of the nation’s exit from the euro-zone, helping to also boost U.S. equity futures, the euro and crude-oil prices.
marketwatch.com (1 month and 27 days ago)
Eurozone GDP in the fourth quarter contracted faster than expected and for the full year 2012, the Eurozone saw four quarters of contraction as nations launched austerity measures to help clean up finances. Stocks in Europe were lower and the euro slid on the news. Eurozone GDP contracted 0.6 percent in the fourth quarter, worse than the 0.1 percent rate of contraction seen...
ibtimes.com (3 months and 7 days ago)

The FTSE 100 opened down sharply on Monday with Europe following Asian stock markets and the euro lower amid fears of an exodus of capital from the eurozone after the controversial Cyprus bailout.
telegraph.co.uk (2 months and 6 days ago)
TOKYO (Reuters) - The euro and Asian shares rose on Monday after EU sources said Cyprus's president and the European Union have agreed the outlines of a rescue deal to avert financial meltdown on the Mediterranean island.
reuters.com (1 month and 27 days ago)
ASIAN markets have been buoyed by news that Cyprus has struck a bailout deal with its lenders.
news.com.au (1 month and 27 days ago)

The FTSE 100 opened down sharply on Monday with Europe following Asian stock markets and the euro lower amid fears of an exodus of capital from the eurozone after the controversial Cyprus bailout.
telegraph.co.uk (2 months and 6 days ago)
SYDNEY (Reuters) - Asian shares and the euro struggled on Wednesday after a bailout plan for Cyprus fell into disarray, but losses were limited on investors' hopes that a last minute deal was still within reach.
reuters.com (2 months and 4 days ago)
ASIAN equity markets have stabilised since Cyprus agreed a deal with its international lenders for a $US13 billion rescue package.
news.com.au (1 month and 25 days ago)
A controversial bailout plan for Cyprus, one of the euro zone's smallest economies, raised concerns that bank runs could be set off elsewhere in the region.
nytimes.com (2 months and 6 days ago)
Markets weight by suggestion that Cyprus bailout terms could be template for future rescues elsewhere in eurozone.
businessspectator.com.au (1 month and 26 days ago)
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