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A grim outlook for the US economy from the Federal Reserve and signs of a slowing in China and Germany has sent world stocks tumbling.
Japan became the latest major economy to fall into recession on Monday with France close behind, and the IMF said it needed at least -billion.
Profit warnings, breaches of key index levels and stressed consumers and investors seeking safety provide the background for markets this week.
Increasing confidence that the worst of the credit crisis is over boosted world stocks on Monday while inflation concerns grew with oil prices heading towards a barrel. Investors…
Signs of life in the United States housing market combined with JPMorgan’s higher bid for Bear Stearns to push global equity markets up sharply on Tuesday, and sent corporate…
Global stocks fell and the dollar tumbled on Monday as a fire sale of Bear Stearns and an emergency Federal Reserve cut of a key lending rate sparked fears that a worldwide…
Recession fears following the biggest United States job losses in five years mixed with strains in the credit market on Monday to depress stocks and the dollar and drive…
It is hard not to be a bit jolly when you are surrounded by peers in a Swiss ski resort, but the world’s business leaders have been remarkably optimistic at this week’s World…
The collapse of the Doha round of trade talks on Monday is just one more pressure point on financial markets already bruised by interest rate uncertainty, fear of economic…
A shoot out at Los Angeles airport failed to unnerve jittery world markets on Friday, leaving European and Asian bourses to make robust gains that undermined safe-haven…
