GLOBAL MARKETS-Stocks climb, dollar surges on economy hopesBy Jeremy Gaunt, European Investment Correspondent LONDON, Jan 6 (Reuters) - Investors bet on a global economic recovery on Tuesday, lifting European and Asian shares for the sixth and seventh consecutive sessions respectively, while the dollar climbed
Euro Stocks Gain, Automobiles RiseEuropean shares extended gains on Tuesday, with automobiles shares taking the lead as Germany's Porsche raised its stake in Volkswagen to more than 50 percent. The FTSEurofirst 300 index of top European shares was up 1.2 percent at 883.59 points. Major
HK dollar inches lower, interbank rates remain softHONG KONG, Jan 6 (Reuters) - The following is a snapshot of the Hong Kong foreign exchange and money markets in late trade on Tuesday. Close Morning Previous Close At 0915 GMT At 0350 GMT At 0904 GMT HK$ SPOT 7.7535/36 7.7539/40 7.7526/29 Three-month
GLOBAL MARKETS-Stocks climb, dollar surges on economy hopes* European stocks gains 0.8 percent, Japan up 0.4 * Dollar up 1 percent against major currencies * Oil eases on profit taking LONDON, Jan 6 (Reuters) - Investors bet on a global economic recovery on Tuesday, lifting European and Asian shares for the