GENEVA, May 11 (Reuters Life!) - A Swiss private museum paid nearly 6.26 million Swiss francs ($5.86 million) for a Patek Philippe perpetual calendar chronograph wristwatch, a record for a yellow gold watch at auction, Christie’s said on Tuesday. The price, which more than doubled the high end of the pre-sale estimate at Monday night’s sale in Geneva, was the second highest ever for a wristwatch …
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A $1 trillion (672 billion pound) emergency package to stabilise the euro zone unleashed a spectacular rally in world stocks on Monday but the euro wiped out initial gains as worries about the region’s debt problems persisted.
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———————–(07:10 / 1910 GMT)———————– Stock Markets S&P/ASX 200 4,599.78 +119.07 NZSX 50 3,170.62 +11.78 DJIA 10,706.24 +325.81 Nikkei 10,530.70 +166.11 NASDAQ 2,356.77 +91.13 FTSE 5,387.42 +264.40 S&P 500 1,149.71 +38.83 Hang Seng 20,426.64 +506.35 SPI 200 Fut 4,648.00 +38.00 CRB Index 265.44 +4.12
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By Jon Hopkins
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