World stocks rebound (Reuters) and Japan’s central bank downgrades economic outlook (AP)

By Natsuko WakiLONDON (Reuters) – World stocks rose from this week’s 7-week low on Thursday as banking shares recovered after a heavy sell-off, while European government bonds tumbled on concerns the countries may borrow more to boost the economy.

The yen rose toward a 13-1/2 year high against th…

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