The dollar stumbled against the euro in Asian forex trade after President Barack Obama won a second term following a nail-biter White House race.

The euro bought $1.2860 in Tokyo, up from $1.2788 ear

The euro remained weak in Asia on Thursday with investors seeking refuge in the safe-haven yen as anti-austerity protests in Spain and Greece raised fresh concerns over the eurozone debt crisis.

The

Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.

"It is reasonable

The US dollar advanced against the euro in Asian trade on Monday as markets reacted calmly to China's growth slowdown and took heart from the earnings prospects of US banks, analysts said.

The euro f

Global stocks fell, the euro hit a two-year low against the dollar and oil slumped more than 3 per cent on Friday after disappointing U.S. jobs growth reinforced worries the American economy was mired

Manchester United defender Rio Ferdinand fears his omission from the Euro 2012 squad may mark the end of his England career.

The 33-year-old told England manager Roy Hodgson that he will never retire

A bailout for Spain's teetering banks, once requested by Madrid, could amount to as much as 100 billion euros, two senior EU sources said on Saturday.

Spain has not yet made a formal request for Euro

Pope Benedict XVI issued a message ahead of the kick-off of Euro 2012 later on Friday in Poland in which he declared football was like a school that taught people about respect for one another and how

Asian shares slipped on Thursday and the euro languished near a 2-week low after disappointing economic data from both sides of the Atlantic rekindled concerns about the strength of global growth.

Co

The euro held firm against the dollar in Asia on Thursday, underpinned by expectations that European Union finance ministers would approve a boost in their firewall against future financial turmoil.