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Wednesday, June 13, 2012

Global shares inch up, capped by Spanish crisis

A Tokyo Stock Exchange employee looks at a monitor as he works at the bourse in TokyoLONDON (Reuters) - European shares edged up and the euro was flat on Wednesday as worries over contagion from Spain's banking sector were heightened by a sharp rise in the country's borrowing costs. Riskier assets have fluctuated all week as optimism and disappointment have alternately gripped financial markets, reflecting a high level of unease over whether Spain's banking crisis can be contained and if Greece will remain in the euro zone after its June 17 election. ...