Euro crisis threatens the existence of the EU — Italian PM
Italian prime minister Mario Monti has warned that the sovereign debt crisis in Europe is not only threatening the existence of the eurozone, but also the European Union itself. Monti…
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Bailout for Spain’s banks lifts Asian shares
Spain's EUR100bn bailout package has lifted shares in Asia and resulted in a 1% gain for the euro against the US dollar and the Japanese yen. Stock markets in Japan…
Asia-Pacific stock markets rebound on G8 comments
Stock markets in Asia and Australia recovered slightly on Monday as G8 members, meeting over the weekend, said they would do everything in their power to avoid another full blown…