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Silvio Berlusconi's resurgence and the rise of a foul-mouthed populist comedian have thrown Italy's weekend election wide open, with deep uncertainty over whether the poll can produce a positive outcome.
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NEW YORK, Feb 21- Major stock markets fell for a second day and the euro slid to a six-week low against the U.S. dollar on Thursday after data showed weak economic growth in both Europe and the United States.
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NEW YORK, Feb 21- The euro fell to a six-week low against the dollar and a three-week trough against the yen on Thursday, pressured by disappointing euro zone economic data and by uncertainty ahead of Italy's election at the weekend.
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NEW YORK, Feb 21- The euro dropped to a six-week low against the dollar and a three-week trough against the yen on Thursday, weighed by data showing a struggling euro zone economy and by uncertainty ahead of Italy's election at the weekend.
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NEW YORK, Feb 21- Major stock markets fell for a second day and the euro slid to a six-week low against the U.S. dollar on Thursday after data that showed weak economic growth in both Europe and the United States.
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ROME, Feb 21- Silvio Berlusconi's resurgence and the rise of a foul-mouthed populist comedian have thrown Italy's weekend election wide open, with deep uncertainty over whether the poll can produce the strong government the country needs. Italy, the euro zone's third-biggest economy, is deep in its longest recession for 20 years.
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The European Central Bank made 555 million euros ($732 million) last year from Greek sovereign bonds acquired under its first bond-buy plan.
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NEW YORK, Feb 21- Global equity markets tumbled on Thursday following a glut of data from Europe and the U.S. that pointed to slow economic growth but failed to ease concerns the U.S. In Europe, a surprisingly weak euro zone Purchasing Managers Index data for February dashed hopes of an early recovery for the recession-hit region.
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PARIS, Feb 21- Economic data flagged a growing risk of recession in the euro zone's second biggest economy, France, on Thursday, but investors nonetheless snapped up the country's bonds, banking on them as a safe bet.
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LONDON, Feb 21- Hopes the euro zone might emerge from recession soon were dealt a blow on Thursday, as surveys showed the downturn in the region's businesses worsened unexpectedly this month- especially in France.
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LISBON, Feb 20- Portugal will need one more year to meet the budget targets agreed to under its 78 billion euro bailout as the economic outlook has worsened, Finance Minister Vitor Gaspar signaled on Wednesday.
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LONDON, Feb 20- Cyprus faces a "material and rising risk" of defaulting on its sovereign debt, especially if the euro zone and International Monetary Fund do not come up with aid, rating agency Standard& Poor's said on Wednesday.
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*UK stocks jump as BoE seen closer to easing. LONDON, Feb 20- Signs of improving global economic recovery lifted world shares to 4-1/ 2 year highs on Wednesday, while sterling fell sharply when the Bank of England revealed it came close to easing policy further to boost growth.
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NEW YORK, Feb 19- The yen rose against the dollar and euro on Tuesday as disagreement between Japanese officials raised doubts over how aggressively Japan will ease its monetary policy. It was well below a peak of 94.22 yen hit on Monday after Japan escaped direct criticism from its G20 peers at the weekend.
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NEW YORK, Feb 19- The yen rose against the dollar and euro on Tuesday as disagreement between Japanese officials raised doubts over how aggressively Japan will ease its monetary policy. It was well below a peak of 94.22 yen hit on Monday after Japan escaped direct criticism from its G20 peers at the weekend.
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BERLIN, Feb 19- German employment is at its highest level since reunification more than 20 years ago, the Statistics Office said on Tuesday, boosting hopes that domestic demand will offset weaker exports in Europe's largest economy.
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ROME, Feb 19- Italians go to the polls on Sunday and Monday to elect a successor to Mario Monti's technocrat government, with the main parties seeking new ways to win over almost a third of voters who are still undecided.
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*Hollande acknowledges France will miss 2013 growth target. *France in battle to keep face as targets prove elusive. PARIS/ ATHENS, Feb 19- President Francois Hollande acknowledged on Tuesday that France will miss its 0.8 percent 2013 growth target, hours after his foreign minister said the growth rate could come in at less than half that level.
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*Greece needs more exports to balance its payments in the long term. ATHENS, Feb 19- Greece's current account deficit narrowed last year to its lowest level since the country joined the euro, adding to evidence that the economy is slowly responding to harsh austerity measures.
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*MSCI Asia ex- Japan capped, Nikkei opens down 0.6 pct. The yen, which has dropped 20 percent against the dollar since mid-November, fell further at the start of the week after financial leaders from the G20 promised not to devalue their currencies to boost exports and avoided singling out Japan for any direct criticism.