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| | | ... crisis and weak growth in the eurozone, a major US trading partner. Markets spent the day stuck in negative territory after Germany was able to sell only part of an issue of German 10-year bonds, considered the gold standard of eurozone debt. The Dow ... |
| | | | ... lonelier still were reports that none but a very few wanted to buy bonds issued by even the strongest man of Europe - Germany. Last night's auction of a,-6bil German 10-year bonds attracted bids amounting to only to a,-3.9 bil at a yield of 1.98%. Yes ... |
| | | | ... 53.59 points, or 0.46 per cent, to 11,493.7. Markets are feeling pressure on several fronts. European powers France and Germany are miles apart over allowing the European Central Bank to rescue the eurozone from a debt crisis threatening to engulf major ... |
| | | | ... by massive losses for Commerzbank of more than 15 per cent, taking the stock to record lows, as investors fretted that Germany's second biggest bank needs more capital. The European single currency was little changed at $US1.3492 after $US1.3494 in New ... |
| | | | ... in the morning. The rate of return on 10-year Italian bonds rose to 6.647 per cent from 6.631 per cent on Friday, while Germany's 10-year bonds benefited from safe-haven buying that pushed the yield down to 1.897 per cent from 1.964 per cent. HONG KONG ... |
| | | | UBS Global Asset Management (GAM) has secured a global real estate multi-manager mandate from Germany's largest pension fund, Bayerische Versorgungskammer, valued at around EUR 500 million. Under the mandate, UBS Global Asset Management's Global Real ... |
| | | | ... 326.24 points, to end at 18,491.23 and Shanghai ended down 1.89 per cent, or 46.49 points, at 2,416.56. Japan called on Germany -- Europe's biggest economy -- to play a leading role in dragging the region back from the brink. Singapore shares fell 1.72 ... |
| | | | ... contagion in the eurozone crisis. European stock markets fell as France and Spain faced a sharp spike in borrowing costs and Germany warned Italy's new prime minister to move fast to avert an even deeper debt crisis. Spain's treasury had to pay a record ... |
| | | | ... cent) to 2,587.99. LONDON - European stock markets fell as France and Spain faced a sharp spike in borrowing costs and Germany warned Italy's new prime minister to move fast to avert an even deeper debt crisis. In London, the FTSE-100 index of top companies ... |
| | | | ... legally ok based on the ECB's mandate - the IMF in turn, lends the money back to Europe. Sounds like another plan... until Germany quickly shoots it down. Nein! Here's Fraulein Merkel: "If politicians think the ECB can solve the euro crisis, then they ... |
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