Global stocks rise as financial risks dissipate

Global financial risks dissipated last year as fears faded that the euro currency would collapse and China’s economy avoided the sharp slowdown that many had feared. That’s made investors more optimistic, boosting stock markets around the world.

Even Greece, where unemployment ended the year at 26 per cent, saw stocks rise. Its benchmark stock index jumped 33 per cent, though that came after it fell by half in 2011.

via Business feed http://www.scmp.com/business/banking-finance/article/1136532/global-stocks-rise-financial-risks-dissipate