ECONOMY & MARKETS

A man scratches his head in front of an electronic board displaying falls in major market indices around the world, outside a brokerage in Tokyo

Asian Stocks Slide Again amid Euro Zone Worries

Asian shares fell and U.S. Treasury yields dropped to the lowest levels in at least 60 years on Tuesday on fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.

BSE Sensex Falls 0.5 pct on Weak Asia

BSE Sensex rises tracking Asia
The BSE Sensex fell 0.5 percent on Tuesday, tracking Asian peers that fell on fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.
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China Economy May Grow Below 9% in 2012: FX Rgulator

China's economic growth may ease to below 9 percent in 2012, partly due to a weak global economy, a senior Chinese foreign exchange official said on Tuesday, backing market expectations that the world's No. 2 economy is set for a mild easing.
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U.S. Stock Market

Is the Dow Headed Higher or Lower?

To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
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Silvercorp Denies Fraud Allegations

The largest silver producer in China says it is being accused of accounting fraud by an anonymous party who admits to placing financial bets that the Vancouver-based company's shares will fall.
Falling Debris

National Cathedral Installs Netting Before Obama Visit

The Washington National Cathedral, which will be visited by President Obama on Sept. 11, is installing safety netting installed across its interior vaulting to protect visitors from the possibility of falling debris.
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TSX drops on US jobs data, golds cushion fall

Toronto's main stock index dropped sharply on Friday morning after dismal U.S. jobs data signaled the frail state of the world's largest economy, but rallying gold miners helped break the fall.
TD Bank raises dividend as profit jumps 23 percent

TD Bank raises dividend as profit jumps 23 percent

Toronto-Dominion Bank (TD.TO: Quote) boosted its dividend on Thursday as it reported that strong loan volumes in the United States and Canada drove it to a higher-than-expected quarterly profit, pushing its shares higher.
Kenya

Kenya interbank rate tumbles, stocks drop

Kenya's interbank lending rate tumbled to 19.2515 percent on Tuesday from 27.7299 percent the previous day, central bank data showed on Thursday, as the bank's action last week to bring down interbank rates filters through the market.
A money dealer counts the Nigerian naira on a machine

Nigeria's Access Bank to buy rival Intercontinental

Nigeria's Access Bank said on Thursday it will spend 50 billion naira to acquire a 75 percent stake in rescued rival Intercontinental Bank and combine both firms' operations within 12 months of the merger.

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