Asian shares fell and the euro slipped Tuesday amid fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.
World stocks fell on Wednesday as European investors shuffled positions ahead of a Jackson Hole speech by Federal Reserve Chairman Ben Bernanke and Japanese shares sold off following a Moody's downgrade.
World stocks, the euro and commodity prices advanced on Tuesday after gauges of Chinese and German manufacturing activity were not as weak as some had feared.
European stocks extended four weeks of losses on Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
European stocks looked set to extend four weeks of losses Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.
Asian stocks turned positive on Monday, recovering a small portion of last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's debt crisis.
European stocks are slated for another fall on Friday after Asian stocks slumped on growing fears the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
Asian stocks extended losses Friday, with South Korea's benchmark shedding 5 percent on growing fears the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
Asian stocks tumbled as much as 4 percent on Friday on growing fears that the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
U.S. markets shed as much as two percent at the open Monday, on news of the S&P's U.S. debt rating downgrade and subsequent plummets in global markets overnight.
Moody's says a future downgrade of the U.S. credit rating from AAA is possible. Also, global markets reacted harshly overnight to S&P's U.S. credit rating downgrade announced late Friday.
Global markets plummeted overnight night as news of the U.S. downgrade. Monday is the first day of trading in the U.S. and futures pointed sharply lower early by 6:30 a.m.
Overseas stocks are plunging following the devastating sell-off in the U.S. Thursday, ahead of a crucial July jobs report out of Washington.
Wall Street equity futures fell on Thursday, indicating the market may resume its downturn after snapping a seven-day losing streak ahead of a report on the labor market that will give clues on economic health.
Toyota Motor Corp <7203.T> reported its first quarterly loss in two years on Tuesday as Japan's biggest earthquake on record hammered production and the yen's rise hit profitability on exports. The company raised its annual forecast.
A weary-looking President Obama told reporters late Sunday that a deal had been reached between the leaders of the White House, Senate and House of Representatives to raise the federal debt ceiling and avoid the first U.S. default, although a series of votes by all members in Congress is needed to make the ceiling raise a reality.
Canon Inc <7751.T> posted a 30.9 percent decline in quarterly operating profit on Monday, hurt by production halts due to parts shortages after the March 11 earthquake, but it raised its full-year forecast due to a faster recovery than expected.
Tokyo, July 7 - Suzuki Motor Corp <7269.T> plans to spend 40 billion yen ($494 million) to relocate several coastal facilities further inland to avoid damage from possible tsunamis, the Nikkei business daily said on Thursday.
Toyota Motor Corp <7203.T> is expected to forecast a fall in annual profit later on Friday as the world's largest automaker works to restore output knocked out by Japan's March 11 disaster and grapples with a strong yen.
French Finance Minister Christine Lagarde is most likely to head International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington, reported Reuters.
The euro hit a three-week high versus the dollar on Tuesday on a report that Germany could make concessions on efforts to put together a bailout for Greece, while Japanese shares rose on data suggesting industrial activity has begun to recover from the March earthquake.
Japan's Canon Inc <7751.T> reported a 5 percent fall in quarterly operating profit and slashed its annual outlook to below market expectations as it tries to deal with a quake-hit supply chain that it said was months away from being fixed.
