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Central bank liquidity tap to stay open
(Reuters)
Reuters - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.
Greece says bank recapitalization agreed, but issues remain
(Reuters)
Reuters - Greece has agreed with euro zone partners on how to recapitalize Greek banks after a planned bond swap, but has yet to resolve issues related to labor reform and spending cuts in talks with lenders, the country's finance minister said on Saturday.
Jobless rate at 3-year low as payrolls surge
(Reuters)
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
Hungary seeks 15-20 billion euro IMF/EU credit line: official
(Reuters)
Reuters - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.
Analysis: Stock-picking makes a comeback as macro tides fade
(Reuters)
Reuters - Stock-picking once again matters on Wall Street.
Nervous markets eye U.S. jobs report, Greece
(Reuters)
Reuters - Caution ahead of U.S. jobs numbers kept a lid on gains for stock markets on Friday after an optimistic start to the year that has added more than 7 percent to global company values.
Jobs numbers boost Obama, needs lasting trend
(Reuters)
Reuters - An unexpectedly strong jobs report on Friday boosted President Barack Obama's re-election prospects, but the trend must last to deny his opponents the biggest cudgel they have to bash him before the November election.
Aon Q4 profit rises, but margin pressures persist
(Reuters)
Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
(AP)
AP - Greek finance minister: Debt talks held up by labor reforms.
New York sues banks over electronic mortgage system
(Reuters)
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
Clinton: US, Europe must do more against tyrants
(AP)
AP - The Obama administration on Saturday called for stepped up U.S.-European cooperation to isolate tyrannies like the Assad regime in Syria, promote democracy in the Arab World and beyond and repair damage from the global financial crisis.
Euro zone sales tumble at Christmas, no sign of growth
(Reuters)
Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.
Romney focuses on Obama, Gingrich on Romney in NV
(AP)
AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.
Russia admits brief cut of gas supplies to Europe
(AP)
AP - Russia's state-controlled Gazprom natural gas giant acknowledged for the first time Saturday that it had briefly reduced gas supplies to Europe amid a spell of extreme cold.
Palestinians call for PM's fall over taxes
(AP)
AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.
Detroit automakers say 'no' to Japan joining trade talks
(Reuters)
Reuters - Detroit automakers are urging President Barack Obama to reject Japan's bid to join talks on a regional free trade agreement, the head of an automotive group representing GM, Ford and Chrysler said on Thursday.


