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abtest

Spain borrowing rate hits bailout danger zone

July 9, 2012 - 4:43pm

Spain's borrowing costs on its benchmark 10-year bond hit 7 percent as finance ministers of the 17 countries that use the euro gather in Brussels to discuss terms of a rescue package for the country's banks.

Phl stocks rally as Spain's banks get lifeline

By Zinnia B. Dela Peña | June 12, 2012 - 12:00am

Local stocks rallied sharply yesterday as investors welcomed news that euro zone ministers agreed to lend Spain’s banks up to 100 billion euros ($125 billion).

Business

Australia to lure more US construction workers

April 3, 2012 - 12:00am

Australia is hoping to lure more American plumbers, electricians and construction workers to be employed on Outback projects in the burgeoning mining and gas industries by changing how their skills are assessed...

Business

Europe debt woes drag down Asian markets

November 27, 2010 - 12:00am

BANGKOK – Asian stock markets were lower Friday as concerns about the possibility of further bailouts for debt-laden European nations and tensions on the Korean peninsula kept buying appetite in check.

Business

Asian markets lower as Europe debt worries linger

November 26, 2010 - 1:36pm

Asian stock markets were lower Friday as concerns about the possibility of further bailouts for debt-laden European nations and tensions on the Korean peninsula kept buying appetite in check.

EU top business group predicts 4.5 million jobless in 2009

March 13, 2009 - 7:20am

BRUSSELS (Xinhua) -- A European top business group predicted on Thursday gloomier economic prospect as 4.

GLOBAL NEWS: Europeans scramble to save failing banks

October 6, 2008 - 3:06am

STOCKHOLM (AP) - Germany joined Ireland and Greece yesterday in guaranteeing all private bank accounts, ...