Asia Stocks, Euro Gain on U.S. Growth, Europe

Asian stocks (MXAP) jumped the most in almost three weeks, the euro and won strengthened and bond risk dropped after Chinese Premier Wen Jiabao pledged support for exports, better-than-forecast U.S. housing starts and a decline in Spanish borrowing costs....


Euro Set for Biggest Weekly Drop in 3 Months

The euro headed for the steepest weekly decline in three months as European nations prepare for bill auctions next week amid concern policy makers are struggling to stem the region’s two-year debt crisis. The 17-nation euro traded 0.5 percent...


Merkel Mired by Woes That May Deter Crisis Effort

Germany’s chancellor Angela Merkel, listens to a call on her mobile phone before the summit of European Leaders at the European Council headquarters in Brussels, Belgium. Photographer: Jock Fistick/Bloomberg German Chancellor Angela Merkel is being buffeted by domestic political...