United States
Stocks tumble on economic gloom
Feb 17, 2009 2:36PM
NEW YORK - Stocks tumbled at the open on Tuesday on concern that the recession is worsening and that efforts to stabilize the stricken global financial system may not be enough. A report showing that manufacturing production in New York state fell to a record low in February added to worries about... Read more
United States
Eastern Europe woes hit European shares
Feb 17, 2009 12:25PM
Growing concerns about deteriorating emerging European economies hit European shares and the euro on Tuesday, driving capital to safer government bonds and gold. Read more
United States
Japan GDP slumps, leaders look for alternatives
Feb 16, 2009 3:36AM
Japan sank deeper into recession with its worst quarterly contraction in 35 years, data showed on Monday, its reliance on exports and soft domestic demand dragging down the world's second-largest economy. Read more
United States
Asia looks to turn latest crisis into opportunity
Feb 16, 2009 3:29AM
In 1997/98, Asia fell into the economic abyss because of a dependence on inflows of foreign capital, which suddenly turned tail. Read more
United States
Stocks in Asia take a beating as Japan's recession worsens
Feb 16, 2009 12:53AM
On Monday most Asian stock market indicators slumped as new figures revealed Japan's economy contracted the most in 35 years and Group of Seven finance ministers warned the global decline is likely to continue through most of the year. Read more
United States
Global lenders warn of risks to emerging markets
Feb 13, 2009 8:14PM
The International Monetary Fund and the world's big development banks warned on Friday that emerging and developing countries that lack deep pockets to protect themselves against the crushing impact of a global financial crisis may need help soon. Read more
United States
Brazil stocks rise as investors set hopes on U.S. bank plan
Feb 13, 2009 4:57PM
On Friday Brazil's stocks rose as a rally in oil prices boosted commodity stocks, while the national currency also firmed as hopes for an imminent U.S. stimulus package raised investors' appetite for risk. Read more
United States
Wall Street edges up on stimulus bets
Feb 13, 2009 11:47AM
Stocks inched higher in choppy trade on Friday on optimism over the expected passage of an economic stimulus and government plans to shore up the housing market. Read more
United States
European stocks slide as doubt looms on U.S. bank plan
Feb 12, 2009 1:22PM
At the close of Thursday's trading, European shares closed at 1.5 percent lower with banks hit by doubts about the U.S. government plan to boost the financial system. Read more
United States
London share index rises 0.5 percent
Feb 11, 2009 1:31PM
On Wednesday, London stocks closed slightly higher than expected despite the doubts and skepticism of worldwide investors of the viability of the U.S. governments' latest rescue plan for the struggling financial industry. Read more
