Corporate movements in the U.S. have taken the Ibex 35 after few bad sessions to new highs of the year.
Get the full story...
World shares tumbled Monday as the recession worsened in the U.S. and more bad international corporate news was released. In London, banking giant HSBC Holdings announced it was seeking to raise nearly $18 billion from investors and British Prime Minister Gordon Brown prepared for his meeting later this week with U.S. President Barack Obama at the White House.
Get the full story...
Saxo bank predicts that in 2009 crude trading at $25. S&P 500 falls 50% to 500. China’s GDP growth falls to zero. EURUSD falls to 0.95. Italy could leave the ERM. If Saxo Bank’s 10 outrageous claims for the year ahead transpire, economic conditions will worsen dramatically in 2009. "The good thing is, overall, we predict 2009 will be a turning point because it can’t get much worse" says Chief Economist David Karsbøl.
Get the full story...
Asian and European stock markets are falling Wednesday as investors react to more bad news about the U.S. economy.
Get the full story...
As the bad news and the uncertainty about the financial rescue plan accumulate and stay, the global stock markets continue to fall. Uncertainty about the banking rescue plan advanced by US Treasury Secretary Henry Paulson Jr. and deepening gloom that the global financial crisis is biting harder hit Asian markets hard on Thursday. Tokyo closed down 5.25%.
Get the full story...
Yesterday was a great day in U.S. and global stock markets. Dow Jones Industrial Average rallied almost 900 points. Today global markets are in a rally mode as well, but U.S. is weak as futures are falling. Investors are hoping and looking to Federal Reserve's rate cut decision this afternoon.
Get the full story...
Wall Street enjoyed a powerful rally as investors converged for a huge shopping spree. Valuations appeared compelling after the S&P 500 closed at a five-and-a-half year low yesterday. The Dow posted its second-biggest point gain ever.
Get the full story...
Financial and stock markets around the world tumbled again on Monday as investors shed assets to raise cash to weather the impending global recession. Emerging-market stocks received yet another beat-down following a difficult week last week. News of a $16.5 billion IMF loan to the Ukraine and a planned "substantial financial package" for Hungary failed to assuage emerging market equity investors.
Get the full story...
World stocks The stock markets around the world in Asia and Europe rallied in early trading Monday on news of more European help for troubled banks. Hong Kong's Heng Seng was up ten percent, while top European exchanges rose more than five percent in early trading.
Get the full story...
Stock markets around the world have continued to fall dramatically today. This is following the ongoing events in the financial world, including the US Government's $700 billion bail out of the financial sector.
Get the full story...
Stock markets fell sharply around the world Monday because of fears that the U.S. credit crisis is spreading and could soon topple more major banks in Europe. In Asia, Japan's Nikkei index dropped to a four-year low and Hong Kong's Hang Seng fell almost five percent.
Get the full story...
Russian stock exchanges had to halted trading again today (Friday) for the fourth successive day running, but this time the explanation was a rather different one - since stocks rapidly surged higher, following President Medvedev's announcement yesterday that the government was going to inject funds into the purchase of Russian stocks.
Get the full story...