Automakers Lead Sharp Selloff Worldwide
Stocks in Asia and Europe plummeted today amid global fears for the auto industry and hesitation that this week's G20 summit in London might not deliver on ambitious goals. In Tokyo the Nikkei dropped...
View ArticleG20 Hopes Send World Stocks Soaring
Asian stocks soared and European exchanges opened strong, reports the Wall Street Journal , as investors expressed optimism for a G20 deal and prepared for a probable 50-point rate cut by the European...
View ArticleSwine Flu Sends Travel Stocks Falling
Stocks declined worldwide today, with travel companies leading losses as investors gave their first reaction to the outbreak of swine flu. Airlines took a pummeling—Lufthansa fell more than 12%,...
View ArticleAsian Stocks Hit 7-Month High
Asian stocks hit a 7-month high today as investors put aside swine flu fears and and seized on good news from China. In Taiwan the main index soared 5.6%, its second straight major gain, while in Hong...
View ArticleCrisis at Dubai Flagship Roils World Markets
A move today by the government of Dubai to take over its flagship company, Dubai World, caused ripples of panic throughout the region, and translated into a selloff in bank stocks in Europe and Asia....
View ArticleAs Crises Spread, Europe Scrambles for an Answer
Financial crises in Greece, Ireland, and Portugal have stoked fears for Italy, Belgium, and the more robust Germany as Europe struggles to find a solution, the New York Times reports. Worry that...
View ArticleNext Up: Italy's Cratering Economy
With the US debt ceiling crisis finally sort of resolved, the markets are turning their attentions to Europe, and they don't like what they see, reports Reuters . Italy is being hit especially hard,...
View ArticleEuropean Countries Ban Short Selling
European markets are up today following the decision by four countries to ban short-selling of some stocks. After stumbling this morning, London’s FTSE 100, Frankfurt’s Dax, and Paris' Cac rose between...
View ArticleStocks Sputter, Gold Soars
Asia stock markets were mostly down today, European markets look set to follow, and gold hit new highs as world markets continued to be rocked by investor nerves, reports Reuters . The Nikkei hit a...
View ArticleG20 Hopes Send World Stocks Soaring
Asian stocks soared and European exchanges opened strong, reports the Wall Street Journal , as investors expressed optimism for a G20 deal and prepared for a probable 50-point rate cut by the European...
View ArticleSwine Flu Sends Travel Stocks Falling
Stocks declined worldwide today, with travel companies leading losses as investors gave their first reaction to the outbreak of swine flu. Airlines took a pummeling—Lufthansa fell more than 12%,...
View ArticleAsian Stocks Hit 7-Month High
Asian stocks hit a 7-month high today as investors put aside swine flu fears and and seized on good news from China. In Taiwan the main index soared 5.6%, its second straight major gain, while in Hong...
View ArticleCrisis at Dubai Flagship Roils World Markets
A move today by the government of Dubai to take over its flagship company, Dubai World, caused ripples of panic throughout the region, and translated into a selloff in bank stocks in Europe and Asia....
View ArticleAs Crises Spread, Europe Scrambles for an Answer
Financial crises in Greece, Ireland, and Portugal have stoked fears for Italy, Belgium, and the more robust Germany as Europe struggles to find a solution, the New York Times reports. Worry that...
View ArticleNext Up: Italy's Cratering Economy
With the US debt ceiling crisis finally sort of resolved, the markets are turning their attentions to Europe, and they don't like what they see, reports Reuters . Italy is being hit especially hard,...
View ArticleEuropean Countries Ban Short Selling
European markets are up today following the decision by four countries to ban short-selling of some stocks. After stumbling this morning, London’s FTSE 100, Frankfurt’s Dax, and Paris' Cac rose between...
View ArticleStocks Sputter, Gold Soars
Asia stock markets were mostly down today, European markets look set to follow, and gold hit new highs as world markets continued to be rocked by investor nerves, reports Reuters . The Nikkei hit a...
View ArticleGlobal Shares Sink After Major Dow Decline
Global stock prices sank Friday after the Dow Jones industrials on Wall Street plummeted more than 1,000 points , deepening a week-long sell-off. Markets followed US stocks down after the Dow, coming...
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