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By John Geddie LONDON (Reuters) - European stock markets stuttered and the euro clawed back some ground against the U.S. dollar on Tuesday as investors had second thoughts about sky-high expectations of European Central Bank easing this week. Britain's FTSE 100 was one of only a couple of the region's bourses to show gains after the release of promising bank stress tests, with record low unemployment data from Germany feeding fears that ECB stimulus hopes could be overdone. Europe's bond yields ticked higher and the single currency bounced off a 7-1/2-month low on concerns that the ECB may not deliver all the stimulus on Thursday that investors have come to expect.
By Manuel Mogato OLONGAPO CITY, Philippines (Reuters) - A Philippine court found a U.S. Marine guilty of killing a transgender woman on Tuesday, jailing him for six to 12 years in a case that has reignited debate over the American military presence in its former colony. The Olongapo City regional trial court also ordered Lance Corporal Joseph Scott Pemberton to pay more than 4.5 million pesos ($95,350) to the family of Jennifer Laude, who was found dead last year in a hotel outside the former U.S. navy base northwest of Manila. "This is not quite a victory," Laude's sister, Malou, told Reuters.
China planted its flag in the English Premier League on Tuesday as a consortium of Chinese investors bought a 13 percent stake in Manchester City's parent company for $400 million (377 million euros). China Media Capital (CMC) and CITIC Capital have purchased the stake in City Football Group (CFG), which had previously been wholly owned by the Abu Dhabi United Group (ADUG), just weeks after Chinese President Xi Jinping visited the club. The deal is part of the CFG's strategy of expanding into Chinese football and reflects Xi's aim to turn his country into a "football powerhouse".