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    • Leading indicator for India shows signs of weakening: OECD

      There are signs that the economies of two of the world's leading emerging powerhouses, India and China, are starting to falter, while Europe continues to be handicapped by its debt woes, the latest report from the OECD showed on Monday.

    • UK recession deepens as euro zone woes mount

      Britain fell deeper into recession than first thought in the first quarter of this year after a sharp drop in construction output, raising the likelihood the Bank of England will need to inject more stimulus to protect the economy from the raging euro zone debt crisis

    • Asia shares rise on progress in euro zone rescue

      Asian shares rose on Thursday on growing hopes that Europe is taking concrete steps to contain the region's debt woes and head off a systemic banking crisis.

    • Nikkei falls after French-German meeting disappoints

      The Nikkei average fell on Wednesday after a meeting between the heads of France and Germany failed to quell doubts about euro-zone leaders' ability to contain sovereign debt woes.

    • Gold buoyed by Greece debt fear; China margins weigh

      Gold held steady at an over three-week high and silver edged up in anemic trade on Monday, buoyed by expectations of further debt woes in the euro zone.

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