EU accelerated funding for permanent bailout fund

Note: This section contains information in English only.
Source: Bloomberg
European officials agreed to supply the capital faster to the permanent Euro firewall in order to strengthen region against debt woe. Euro governments are likely to provide first two yearly installments into rescue fund in 2012 and finish the capital injection in 2015 or a year earlier than was planned. The decision comes as a response to IMF and world leaders' pressure to put more effort on containing debt turmoil. 
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Fri, 02 Mar 2012 11:01:16 GMT

Asian shares advance led by financials

Asian stock markets rallied on Friday, driven by banks as investors digested positive macroeconomic data from US. Hong Kong's Hang Seng Index added 0.8%,  Shanghai Composite Index jumped 1.4% and Japan's Nikkei Stock Average climbed 0.7%. South Korea's Kospi improved by 0.2% and Australia's S&P/ASX 200 index gained 0.4%. 

Fri, 02 Mar 2012 10:21:43 GMT

US shares lifted by positive economic data

US stock markets traded higher on Thursday as investors anticipated overall positive economic statistics and took into account Fed's chairman testimony. S&P 500 index gained 0.62% or 8.41 points and closed at 1,374.09, Dow Jones Industrial Average index climbed 0.22% or 28.23 points to 12,980.30 while Nasdaq Composite added 0.74% or 22.08 points and finished at 2,988.97.

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