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TOKYO: Asian shares and the euro extended losses on Friday, with Japan's Nikkei poised to log its longest losing streak in two decades, as weak Chinese factory data highlighted concerns that the euro zone debt crisis will further undermine global economic growth.
LONDON: U.S. Treasury yields hit their lowest in hundreds of years and world stocks dropped towards 2012 lows on Friday, as investors scrambled for lifelines on worries about Spain's parlous finances and China's growth outlook.
LONDON/SINGAPORE (Reuters) - Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion (1.95 billion pounds) due to weak markets, with the sport's boss and part-owner, Bernie Ecclestone, saying the firm is waiting until the time is right.
TOKYO: Asian shares eased on Friday, with China's factory activity data and a U.S. jobs report due later in the session making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.
TOKYO: Shares and commodities slid while the euro fell to its lowest in almost two years against the dollar on Thursday, as surging borrowing costs in troubled Spain heightened fears that it would not be able to rescue its banks and may have to seek a bailout.
LONDON: Demand for safe-haven assets kept German and U.S. Treasury debt yields near record lows on Thursday, as worries over Spain and its troubled banks kept markets nervous, although shares and the euro regained some stability.
NEW YORK: The euro neared a two-year low on Tuesday as investors fretted about Spain's troubled banking system, but global stocks jumped on speculation Greece would stay in the euro zone and news that China would take new measures to stem an economic slowdown.