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World stock markets tumbled further Friday amid fears about the fallout from Dubai's debt problems.
Asian markets were mostly lower Friday amid investor uncertainty about the global outlook after Wall Street fell on weak energy demand.
European stock markets rose modestly Friday after another strong finish on Wall Street, with more U.S. earnings reports expected to drive market sentiment later in the day.
World markets retreated Friday as weaker-than-expected reports about U.S. jobs and manufacturing deepened fears of an anemic recovery in the world's largest economy.
Asian stock markets dropped Friday as signs the U.S. housing market was still suffering reinforced concerns about a weak recovery in the world's largest economy.
European stocks lost earlier gains ahead of expected losses on Wall Street on Thursday as enthusiasm over an upbeat Federal Reserve survey, which helped Asian markets rise, faded amid concerns that stocks are overvalued.
Asian stocks were modestly higher Friday, but worries about tighter government policies sent China's markets lower for a second day.
World stock markets rose Thursday after Chinese shares bounced back with their biggest rally since March, a day after slumping nearly 5 percent.
Asian stock markets mostly rose Thursday led by Hong Kong and Japan despite weak economic data that sent Wall Street lower and worries about tighter monetary policy that dragged down China shares. European markets rose.
Asian stock markets fell Thursday, with Chinese shares leading the decline amid concerns the recent rally was overdone.
Asian stock markets gained ground Thursday as stronger growth in China and upbeat U.S. company earnings reassured investors that the world economy was headed toward recovery.
World stock markets fell and oil prices sank back towards the $60 a barrel mark Wednesday amid mounting worries about the speed of any global economic recovery just as the U.S. second-quarter earnings kicks off.
Most Asian markets fell Thursday as investors tread cautiously ahead of a key U.S. jobs report expected to show unemployment hit a 26-year-high despite signs of recovery in the world's largest economy. European markets opened lower.
Asian stocks suffered their fourth straight day of losses Thursday amid a growing belief the markets were due for a reality check after the recent surge.
Asian stocks foundered Tuesday as the United Nations condemned North Korea's nuclear test and investors awaited more clues about the health of the world economy.
World stock markets recovered early losses Monday after Lowe's, the second biggest U.S. home improvement chain, said first-quarter profit fell less than feared.
Asian stocks fell Tuesday as grim export figures from the world's third-largest economy provided a sobering reminder that global demand remains in the doldrums.
Asian stock markets dropped Wednesday, following a steep sell-off on Wall Street, as investors reacted with skepticism to the U.S. government's latest plan to rescue the ailing financial industry with as much as $2 trillion in commitments.
European markets fell Tuesday as investors continued to worry about the sputtering global economy despite governments' efforts to boost growth with increased spending.
World stock markets fell sharply Tuesday as ongoing gloom surrounding the banking sector offset any optimism generated by the inauguration of Barack Obama as president.
World markets were mixed Tuesday as a rise in U.S. stocks, following upbeat trade data, helped European shares recover some of their earlier losses.
European stock markets rose modestly Tuesday in very light pre-Christmas trade ahead of an expected rebound on Wall Street ahead of key U.S. data, while Asian markets continued to fall in the wake of Toyota's second profits warning in just two months.
European stock markets edged higher Tuesday following a mixed performance in Asia earlier, as investors eyed an expected interest rate cut from the U.S. Federal Reserve later.
World markets were slightly higher Tuesday as investors continued to buy up battered stocks on the back of renewed hopes that governments will enact meaningful fiscal measures to limit the length and depth of the global recession.
Gloom and volatility returned to Asian and European markets Tuesday as investors dumped stocks following huge overnight losses on Wall Street and dismal U.S. economic reports revived fears of a global recession. Oil prices fell to three-year lows.
The Economics of Happiness The main problem with using GDP as a primary economic indicator is that, ultimately, it is simply the sum of all transactions in a country. It values guns and prisons in the same way it values music and medicine: by how much money changes hands.
World loses more than $50 trillionThis "astounding" decline reflects stock market losses, write-downs on bonds and currencies losing ground against the dollar as investors engaged in a "surprising run" toward the greenback in search of a safe-haven currency, the ADB report said.
Berlusconi Says Leaders May Close World's MarketsItalian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world's financial markets while they ``rewrite the rules of international finance.''
European, Asian markets plunge on crisis fears - Yahoo! News"But analysts said that, like the U.S. plan, the lack of detail in many of Europe's moves failed to restore investors' confidence, resulting in the stock market tumbles.
"Pass-the-hat-around fashion"Cramer said AIG needs to be saved in a "pass-the-hat-around fashion," referring to what he sees as a worldwide investment in its success. The middle bank index is doing well, he said, but that doesn't matter.
AIG, Lehman Shock Hits World Markets The convulsions in the U.S. financial system sent markets across the globe tumbling, as two of Wall Street's biggest firms looked set to exit the scene and insurance titan American International Group Inc. turned to the Federal Reserve and the state of New York for assistance.
Google turns 10 years oldMOUNTAIN VIEW, Calif. — When Larry Page and Sergey Brin founded Google Inc. on Sept. 7, 1998, they had little more than their ingenuity, four computers and an investor's $100,000 bet on their belief that an Internet search engine could change the world.
Inflation Champ Zimbabwe Lops 10 Zeros Off Currency - What is Money Worth?Beset by political chaos and runaway price inflation, Zimbabwe is stripping 10 zeros off its nearly worthless currency so that 10 billion dollars become a dollar, news agencies reported Wednesday. More Articles
Debt Reckoning: U.S. Receives a Margin CallThe title says it all. Think the economy has effected you? Take a look at this WSJ article, about the macroeconomic picture the country is facing.
The dollar falls to a 12 year low against Japan's yenThe declining value of the dollar is a harbinger of bad times ahead.
The Euro Soars to Record HighThe Euro climbed to its highest rate against the U.S. dollar this week.
Wall St surges after Federal Reserve steps inUnited States stocks have surged to end a turbulent week, after the Federal Reserve cut the discount rate it charges banks in an emergency move to stabilise credit markets and keep the economy on track.
$100 U.S.-a-barrel oil foreseen by late 2008A "steady ascent" of crude oil prices toward $100 (U.S.) a barrel continues, but the predicted date when that level will be hit remains a moving target, according to a CIBC World Markets report yesterday.
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