Single currency finds friends in Asia

MARKET NEWS

COPENHAGEN -- European diplomats last week said Asian countries are looking to increase their euro reserves, as the region seeks an alternative to the US dollar.

Following a two-day summit between European and Asian leaders in Copenhagen, Danish prime minister Anders Fogh Rasmussen told reporters that he had observed strong interest in the European common currency from Asian leaders. Malaysian Prime Minister Mahathir Mohamad said his country may increase its euro reserves, stressing the

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