A look at economic developments around the world (AP)

A look at economic developments and activity in major stock markets around the world Monday:

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LONDON - The death of al-Qaeda chief Osama bin Laden gave a brief fillip of stock markets, but the gains were muted as traders positioned for a raft of key economic news in the coming days.

Announcement of President Barack Obama that the man behind the deadly September 11, 2001 terror attacks in the United States had been killed in a special forces operation in Pakistan have led to an increase in investor risk appetite. Which usually manifests gains in the stock market and dollar fall.

However, the sheen is during the day, investors turned their eyes to the economic news of the week. Trade levels were also somewhat muted because stock markets were closed in Britain, China, Hong Kong and Singapore.

In Europe, the CAC 40 in France closed up 0.1% while the DAX Germany increased by 0.2%.

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TOKYO - Earlier in Asia, Nikkei 225 gained Japan 1.6% to 10,004.20 - the highest closing since an earthquake and tsunami March 11 reduced northeast coast of the country. The Nikkei, the largest market in Asia, will be closed Tuesday to Thursday for the Japan golden week vacation.

Index ABN of the Korea of the South, advanced at the same time, a new record of 2,228.96, making a gain of benchmark of Seoul so far this year to 8.7% 1.7 per cent.

S & P/ASX 200 the Australia closed to less than 0.1%.

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Brussels - The top economic affairs of the European Union the official said a restructuring of the massive debt of the Greece is not on the table.

Monetary and business economic Commissioner Olli Rehn said supporters of restructuring - cutting the amount total money in Greece should or giving him more time to repay - seem aware of the risks to global financial stability would imply such an approach.

European officials have warned that a restructuring of the debt of the Greece could lead to panic in financial markets following the collapse of Lehman Brothers in 2008 turbulence similar and made drag to the bottom of banks and other countries who have difficulties of the euro area.

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Brussels - A preliminary agreement on an international rescue for the Portugal plan is likely to be announced in the coming days, said an official of the European Union.

Experts of the Executive Commission of the European Union, the Fund International Monetary and the European Central Bank that are currently in Lisbon are close to agreement on economic and fiscal adjustment programme that will accompany rescue loans, the official said. Speaking on condition of anonymity because the discussions are still ongoing.

The rescue plan--which contains probably some 80 billion euros in loans - is facing a difficult path due to the difficult political situation in the Portugal and growing opposition to the more prosperous countries of the eurozone rescue plan.

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Athens, Greece - short of liquidity of the Greece Government has promised to raise an additional 11.8 billion euros ($17.5 billion) at the end of 2013 through a crackdown on fraud, tax and indicated that she could claim a second extension of his rescue loan repayment.

Greece was rescued from the verge of bankruptcy of the year last by a rescue plan 110 billion euros ($164 billion) of the European Union and the Monetary Fund International.

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TOKYO - Japanese Parliament adopted a budget of $ 48 billion tsunami recovery that will only start to cover the costs of what was the most expensive disaster ever.

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Seoul, Korea of the South - the inflation of prices to consumers the Korea of the South facilitated for April its highest level for more than two years, but it remained over comfort zone of the Central Bank for price increases for the fourth straight month.

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Frankfurt, Germany - former Economic Adviser to Chancellor Angela Merkel reported an anti-inflationary intransigent position as he takes over as President of the German Bundesbank.

Jens Weidmann comments as he formally succeeded Axel Weber stressed continuity to the Central Bank of the Germany, which is traditionally hawkish on inflation.

Weidmann will represent greater economy of Europe on the Board of Governors of Central Bank European.

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DUBAI, United Arab Emirates - The AFL-CIO urges Washington to suspend a Pact free trade with the Bahrain in response to the repression of the country of the Gulf which includes purging accused Union leaders to support pro-reform protests.

Washington has urged the Sunni monarchy of the Bahrain to seek dialogue with the demonstrators and publicly condemned the violence and mass arrests, which include journalists, activists and Union leaders. But the American authorities have ceased to take more direct action against leaders of the Bahrain.

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MEXICO city - the Central Bank of the Mexico said that the amount of the money migrant workers sent home in the first quarter of 2011 had increased by 5.5% over the same period year last a little more than 5 billion $.

In March, remittances totalled $ 2 billion, an increase of 4.8% over the same month last year. It is the sixth consecutive month that the Bank has seen an increase in payments made after a fall which began in 2008.

Remittances are the second source of the Mexico of foreign income after oil exports. Almost all of the money comes from the United States, where live nearly 12 million Mexican citizens.

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