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Europe shares briefly slip on France rating cut talk

January 8, 2013 10:45
PARIS, Jan 8 (Reuters) - European shares briefly slipped after fresh market talk of a potential credit rating downgrade of France, before rising again after a senior French official denied the rumour. At 1418 GMT, the FTSEurofirst 300 index of top European shares was up 0.12 percent at 1,162.94 points, after turning almost flat when the rumour surfaced.

ANALYSIS-Doom scenario far-fetched but euro gloom to deepen

January 8, 2013 10:05
* Social cohesion to be tested as debt strains take toll * Greece under microscope; some worry over Spain * Welfare state cushions pain but long-term cost is high By Alan Wheatley LONDON, Jan 7 (Reuters) - It would be fair to say that U.S. hedge-fund manager Kyle Bass does not expect the explosion in global debt in recent years to turn out well.

GLOBAL MARKETS-Asian shares capped ahead of earnings reports

January 8, 2013 09:42
* MSCI Asia ex-Japan steadies, Nikkei opens down 0.5 pct * Dollar falls vs yen after sharp and rapid rise * Alcoa kicks off U.S. earnings later on Tuesday By Chikako Mogi TOKYO, Jan 8 (Reuters) - Asian shares steadied on Tuesday but prices were capped by investor caution ahead of corporate earnings season for the last quarter of 2012 and the European Central Bank's policy meeting later in the week.
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