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Asia stocks mixed on Greek fears, China inflation
Feb 9th, 2012
Asian markets were mixed Thursday after marathon talks over Greece's massive debt ended without firm agreement and as China's annual inflation rate hit a three-month high. (Source: AFP) -
By Masayuki Kitano SINGAPORE (Reuters) - The dollar held firm near a 10-month high versus a basket of currencies on Friday after a U.S. Federal Reserve official said the central bank may begin to taper its asset buying this summer, while Asian shares were mixed. U.S. equities had sagged on Thursday after John Williams, president of the Federal Rese... [Full Article]
By Leah Schnurr NEW YORK (Reuters) - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. The Dow and the S&P 500 finished at fresh record highs, driven by gains in energy and industrial shares. Th... [Full Article]
BANGKOK (AP) - World stock markets were mixed Friday as investors digested a slew of disappointing data from the U.S. ahead of the release of a key measurement of the country's economic outlook. (Source: Associated Press)... [Full Article]
ATHENS, Greece (AP) - Greece's deep, six-year recession is likely to end in 2014, but unemployment will remain above 20 percent for another three years, the European Commission said Friday in a report. (Source: Associated Press)... [Full Article]
TRIPOLI, Lebanon (AP) - Lebanese members of the Syrian leader's Alawite sect fear their tiny community will be a casualty of the civil war raging in the neighboring country. (Source: Associated Press)... [Full Article]
CANNES, France (AP) - Two directors from countries with tough film censorship brought bold and probing movies to the Cannes Film Festival on Friday - one exploring China's social problems, the other delving into the mysteries of the human heart. (Source: Associated Press)... [Full Article]
LONDON (Reuters) - The Bank of England bucked the trend of its recent forecasts on Wednesday by modestly upgrading its growth outlook and pencilling in a faster fall in inflation. In its quarterly economic update, the central bank gave no sign that it was on the verge doing more stimulus, describing policy as "highly stimulatory", but not... [Full Article]
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