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Analysis: Europe breaks taboo, opens door to Greek euro exit

It may well be remembered as the day the euro zone began to break apart.

 
Analysis: Beijing risks public backlash if rescues Europe

China's people have a clear message for their government -- don't even think of saving Europe.

 
Fed to hold steady despite global risks

The Federal Reserve looks set to take a breather from monetary stimulus measures on Wednesday, even if financial market turbulence heightens the chances of action later.

 
Euro zone factory data suggest recession

The downturn in euro zone manufacturing in October was even deeper than previously thought, according to "grim" business surveys on Wednesday that showed the currency union's debt crisis is dragging its economy back into recession.

 
Small business borrowing rises: PayNet

The growth of borrowing among small U.S. businesses moderated in September but the overall level still registered a 14th monthly double-digit increase in a fresh sign the economy is set to grow at a stable pace.

 
MF Global collapses under euro zone bets

Jon Corzine's bid to revive his Wall Street career crashed and burned on Monday when his futures brokerage MF Global Holdings Ltd filed for bankruptcy protection following bad bets on euro zone debt.

 
Analysis: Greek referendum call blows hole in euro zone plan

Prime Minister George Papandreou's call for a referendum on the latest Greek bailout plan has blown a potentially fatal hole in the euro zone's strategy to overcome its sovereign debt crisis.

 
Chain store sales seen up again in October

October sales reports this week will show steady spending by U.S. consumers, as improving finances for many shoppers helped overcome a barrage of scary headlines about the economy.

 
Japan intervenes to tame soaring yen ahead of G20

Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.

 
Asia faces rocky road in securing energy needs

Governments in emerging Asian economies will struggle to secure their rising energy needs as rapidly swelling demand in leading consumers China and India outpaces growth in supplies, which is likely to keep oil prices over $100 a barrel.

 
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