LONDON - European and Asian share markets rose on Monday, lifted by upbeat Chinese trade data and cautious optimism that the world's economy and markets can cope with a gradual withdrawal of U.S. stimulus.
Recent Business News
TOKYO - Japan aims to expand or restart bilateral currency swap agreements with five Southeast Asian nations and may announce the deals at a regional summit this weekend in Tokyo, government sources said on Monday.
LONDON - HSBC Holdings Plc is considering floating up to 30 percent of its British retail and commercial banking arm to help meet UK regulation and unlock value for shareholders, the Financial Times said on Monday.
VIENNA - Austrian energy company EVN is seeking to pursue legal action against Japan's Hitachi over delays to a German power plant, it said on Monday.
PARIS - Russian gas export monopoly Gazprom has promised to present proposals this week to end a year-long investigation into its business practices and avert a possible fine of as much as $14.3 billion, the EU's antitrust chief said on Monday.
Today's jobs report showed that the US economy added 203,000 jobs in November, and the unemployment rate fell to 7.0% for the first time since recession.