金融英语：A look at economic developments around the globe
A look at economic developments and activity in major stock markets around the world Monday:___
DUBLIN — Shares in Ireland's banks hit record lows and national borrowing costs reached new euro-era highs as the government prepared to discuss its fiscal survival plans with the European Union's economic commissioner.
Investors are shunning Ireland's government and bank debt in expectation that the country will eventually require a bailout by the EU and International Monetary Fund, as happened to Greece in May.
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BERLIN — European Central Bank President Jean-Claude Trichet says he has seen nothing to suggest the U.S. Federal Reserve's move to pump money into the American financial system was meant to weaken the dollar.
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BEIJING — The U.S. Federal Reserve's move to pump hundreds of billions of dollars into the financial system will bring greater volatility to markets worldwide, a Chinese official says.
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MUMBAI, India — Indian and U.S. companies have discussed or signed over $14.9 billion in deals during President Obama's trip, which will support 53,670 U.S. jobs, the White House says. The numbers are a testament to India's growing importance as a global market and reflect Obama's pitch to boost trade as a way of creating jobs back home.
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LONDON — European stocks slipped as investors took a breather following last week's big gains. The FTSE 100 index of leading British shares closed down 0.4 percent while Germany's DAX and the CAC-40 in France both fell less than 0.1 percent.
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TOKYO — Asian shares mostly traded higher. Japan's Nikkei closed up 1.1 percent, South Korea's Kospi gained 0.2 percent, Hong Kong's Hang Seng rose 0.4 percent and the benchmark Shanghai Composite Index in China added 0.9 percent, hitting its highest close since April.
Bucking the trend, Australia's S&P/ASX 200 slipped 0.5 percent.
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BERLIN — German exports surged 22.5 percent in September, suggesting that Europe's largest economy is recovering quickly but still depends largely on foreign demand for its industrial products.
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YOKOHAMA, Japan — Pacific Rim economies debated whether to give APEC the power to negotiate free trade pacts, a move that could pave the way for a massive free trade zone that lowers tariffs on goods from electronics to food.
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RIO DE JANEIRO — Brazil's president says he is going to this week's Group of 20 economic meeting in Korea to push for lowering trade barriers and ending what he calls a "currency war."
Brazil's leader Luiz Inacio Lula da Silva says the global economy has not recovered from the crisis that began in 2008.
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ATHENS, Greece — More than six months after they started a painful austerity program, Greece's governing Socialists won a narrow lead in local polls. It was enough to drive off the specter of an early general election and protracted instability that had appalled voters and markets alike.
Markets appeared relieved at the result and the debt-ridden country's cost of borrowing dipped by about 0.7 percentage points. Borrowing costs had earlier soared on Prime Minister George Papandreou's threat to dissolve Parliament in the case of a heavy defeat.
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LONDON — British Prime Minister David Cameron was leading his country's largest ever delegation to China, hoping to win trade and woo a powerful potential ally as London seeks to cultivate ties beyond Washington and Europe.
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SEOUL, South Korea — South Korea and the United States began talks aimed at addressing demands by Washington that Seoul increase market access for American vehicles and beef so a stalled free trade agreement they struck more than three years ago can be submitted to Congress.
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