Arc Bike News

November 30, 2010

Markets weighed down by Europe’s debt crisis (AP)

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FILE - In this file photo taken Nov. 26, 2010, specialist Donald Civitanova, right, directs trades at his post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, file)AP – Worries that Portugal or even Spain will have to seek outside help to deal with their debts continued to weigh on markets Tuesday, sending the euro briefly below $1.30 for the first time since mid-September.

Asian markets tumble on China, eurozone worries (AFP)

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Asian stocks have lost ground with Tokyo and Shanghai falling sharply as markets worried about Chinese economic tightening and the troubled eurozone.(AFP/File/Yoshikazu Tsuno)AFP – Asian stocks lost ground on Tuesday with Tokyo and Shanghai falling sharply as markets worried about Chinese economic tightening and the troubled eurozone.

Wall Street set for lower open (Reuters)

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A trader looks on as he works on the floor of the New York Stock Exchange in New York, November 9, 2010. REUTERS/Shannon StapletonReuters – U.S. shares were set for a lower open on Tuesday, as euro zone debt worries persisted, and ahead of key data that will indicate the strength of the recovery in the world’s biggest economy.

Malaysia, Singapore, Thai bourses to form alliance (AP)

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Ministers of the Association of Southeast Asian Nations, or ASEAN countries, from left to right, Brunei's Deputy Finance Minister Awang Bahrin Abdullah, Singapore's Finance Minister Tharman Shanmugaratnam, Cambodia's Minister of Economy and Finance Kong Vibol, Philippine's Finance Secretary Cesar V. Purisima, Malaysia's Prime Minister Najib Razak, Malaysia's Finance Minister II Ahmad Husni Mohamad Hanadzlah, Thailand's Finance Minister Korn Chatikavanij, Laos' Finance Minister Somdy Douangdy, Indonesia's Finance Minister Agus Martowardojo, and ASEAN Secretary-General Surin Pitsuwan pose for a group photo during the ASEAN Finance Ministers' Investor Seminar in Kuala Lumpur, Malaysia, Monday, Nov. 30, 2010. (AP Photo/Lai Seng Sin)AP – The stock exchanges of Malaysia, Singapore and Thailand will link via an electronic trading system that will give investors access to all three markets simultaneously by the second half of 2011, officials said Tuesday.

FTSE climbs at open (AFP)

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London's leading stock market rose at the start of trading on Tuesday, despite overnight losses in Asia.(AFP/File/Ben Stansall)AFP – London’s leading stock market rose at the start of trading on Tuesday, despite overnight losses in Asia.

How the major stock indexes fared Monday (AP)

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AP – Stocks ended lower Monday on lingering fears that Europe’s debt crisis will continue to spread even after Ireland gets bailed out. The Dow Jones industrial average dipped below 11,000 but recovered much of its losses late in the day.

Stocks end off their lows, weighed down by Europe (AP)

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FILE - In this file photo taken Nov. 26, 2010, specialist Donald Civitanova, right, directs trades at his post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, file)AP – Stocks ended lower Monday on lingering fears that Europe’s debt crisis will continue to spread even after Ireland gets bailed out. The Dow Jones industrial average dipped below 11,000 earlier, but recovered much of its losses late in the day.

Summary Box: Stocks down; weighed down by Europe (AP)

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AP – DOW PARES BACK LOSSES: The Dow Jones industrial average fell 39.51 points, or 0.4 percent, to close at 11,052.49. It had been down as many as 163 earlier.

Retail stocks shrug off strong Black Friday sales weekend (Reuters)

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Reuters – Store chains had a strong start to the holiday shopping season, but investors who bid up retail stocks were not impressed as they waited to see how much of a sales lull might set in.

FTSE shares lose ground over bailout fears (AFP)

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A businessman walks past the London Stock Exchange. Britain's leading share index fell back sharply with only two blue chip firms posting modest gains as Ireland's 85-billion-euro bailout failed to dispel investor fears over the eurozone debt crisis.(AFP/File/Shaun Curry)AFP – Britain’s leading share index fell back sharply on Monday with only two blue chip firms posting modest gains as Ireland’s 85-billion-euro bailout failed to dispel investor fears over the eurozone debt crisis.

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