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By Mariko Yasu and Shunichi Ozasa, Bloomberg |
October 15, 2012
Softbank Corp. agreed to buy a stake of about 70 percent in Sprint Nextel Corp. for $20.1 billion as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market.
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By John Detrixhe and Lucy Meakin, Bloomberg |
October 12, 2012
The euro climbed for a second day against the dollar and the yen amid speculation Spain is moving closer to requesting a sovereign bailout and unlocking European Central Bank debt purchases.
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By Allison Bennett and Neal Armstrong, Bloomberg |
September 20, 2012
The euro dropped the most in two months against the dollar as services and manufacturing in the region shrank to a three-year low, adding to evidence the central bank will need to do more to spur growth.
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By Joseph Ciolli, Bloomberg |
July 24, 2012
The euro slid to the lowest level in more than 11 years versus the yen as speculation Europe’s sovereign-debt crisis is worsening spurred demand for safety.
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By Leon Lazaroff and Jason Webb, Bloomberg |
July 24, 2012
Emerging-market stocks dropped for a third day as concern Europe’s debt crisis is worsening overshadowed signs of improvement for China’s manufacturing.
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By Matthew Brown, Bloomberg |
July 23, 2012
Government bond yields in the U.S., U.K. and Germany fell to records, while stocks dropped and the euro traded below its lifetime average against the dollar on concern the region’s debt crisis is deepening.
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By Joseph Ciolli, Bloomberg |
June 25, 2012
The euro weakened before a European Union summit later this week and as Italy and Spain prepare to sell debt tomorrow amid concern Europe’s fiscal crisis is infecting bigger economies.
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By Dawn Kopecki and Max Abelson, Bloomberg |
May 29, 2012
The three directors who oversee risk at JPMorgan Chase & Co. include a museum head who sat on American International Group Inc.’s governance committee in 2008, the grandson of a billionaire and the chief executive officer of a company that makes flight controls and work boots.
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By Catarina Saraiva and Keith Jenkins, Bloomberg |
May 3, 2012
The euro strengthened vs. the yen after ECB President Mario Draghi said policy makers didn’t discuss cutting interest rates at their meeting this week.
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By Shigeru Sato and Takako Taniguchi, Bloomberg |
April 23, 2012
Mitsubishi UFJ Financial Group Inc. says it will hire 50 currency and interest-rate derivatives traders globally in the next three years.