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Inside the News: Caution on euro zone progress hits shares

Wednesday, November 30, 2011 - 04:10

Nov. 30 - Asian shares fall and the euro trims gains as investors take a cautious approach to Europe's latest moves to resolve its debt crisis.

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They show us all on the Euro trims gains as investors take a cautious approach to Europe's latest move as a result its debt crisis the headlines out on -- does this morning. Finance ministers meeting in Brussels agreed to rampart the power of that bailout fund. And make sense of the iMac for more help ECB governing council a Christian Norway warns the market stressed. It is now intensifying. Sources tell Reuters is Italy has held exploratory talks with the IMF over financial support possibly -- funded by national European central banks no decision has yet been taken may say but it's at least ten year yields -- about -- point 4% this morning. Chesapeake jobs is -- is a fifteen big banks on both sides of the Atlantic golf is changing it's criteria. -- a -- in the UK government slashes its growth for cost Britain prepares for its biggest mass strike in thirty years public sector workers. Protesting at the pension reforms trade union leader Brendan Obama told me feelings are running high that -- -- Period were millions of people let's say. That comes a point when you have to make system. They failed so angry that this is there really injustice -- -- -- that they have to make this. Not stuffed -- what's gonna be reflected net -- I was gonna run out of the news the day in Asia his greatest charge resident Hong Kong. I had sides you mention Asian shares losing steam today they snapped it to get a rise as those European worries seat and back into the mix over here. Looking up the numbers the Nikkei down about half a percent the Hang Seng Index just closing now. About one and a half percent lower for a broader reading the MSCI Asia pac ex Japan. -- also about half a percentage point. Here in Asia in headlines Samsung scoring a victory over patents in Australia. A court has ruled that the electronic giant will now be able to reverse the -- On the sale of its galaxy tablet computer it's a rare victory for the firm in its battle with arch rival apple. And India as a runaway economy showing signs of slowing down second quarter GDP in India. Falling to six point 9%. That is the weakest pace of growth in more than two years. Now the slowdown there is broad based and it's showing the heavy told of high inflation. And rising interest rates. Axle -- -- many thanks quick check on my European stock markets have opened this morning we -- down one point 1% for the Europe first. All the -- main markets. Crossed the border in Europe are down at least start of play this morning. Well news on -- is this morning. There's great pressure on -- present -- out of the repression of the uprising against his rule European and Arab diplomats have told Reuters is the UN human rights forum will today announce a special Friday's session. Which is expected to condemn Syria for crimes against humanity. Rightist counter parties is all snapshot of the best finance news and come entry -- on the web catching RI today -- -- piece on how former Treasury Secretary Hank Paulson. This hedge funds advanced warning about a takeover Fannie and Freddie. The Wall Street Journal piece wondering -- soccer bodes well close to FaceBook IPO -- 24 billion fish. And a piece in New York magazine in the wonders whether the Occupy Wall Street movement will consume the US president next year the headline costs. Whether 2012 will resemble 1968. For mr. Obama out on twits on the top stories trending now on Reuters dot com right now Europe's debt crisis and the possibility of turning to the I met for more help. Research in Motion to offer security features to iPhone and android phones. And the Iranian protesters stormed the British diplomatic compound in -- wrong. And that has also -- picture of the date this morning Reuters photographer -- have come a Bundy took a big show coming up by and just a second to demonstrate his. Removing the flak from the British embassy in Tehran. Angry of course the sanctions imposed by the UK and over Iran's nuclear program. I'm actual trouble this is --

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Inside the News: Caution on euro zone progress hits shares

Wednesday, November 30, 2011 - 04:10