MARKETS / FINANCE

Asian Stocks

Asian Stock Markets Mostly End Lower

Asian stocks markets mostly declined Monday as the excitement over the announcement of the QE3 by the U.S. Fed Reserve faded while concerns over the euro zone crisis and growth slowdown in China also weighed.

European Markets Decline On Euro Zone Worries

Trader reacts at his desk in front of the DAX board at the Frankfurt stock exchange
European markets fell Monday as investor confidence was weighed down by concerns that the debt crisis faced by the euro zone is intensifying amid disagreement between Germany and France.

Asian Markets Fall On Euro Zone, China Concerns

An investor checks stock information with a computer at a brokerage house in Hefei
Most of the Asian markets fell Monday as investor confidence was weighed down by the revival of concerns over the debt crisis affecting the euro zone and the economic slowdown faced by China.
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Deutsche Bank Headquarters In Frankfurt

Layoff Rumors Swirl Around Deutsche Bank

Deutsche Bank is reportedly set to fire more than 500 employees in Germany, various financial media outlets reported Friday, but the Frankfurt-based bank is denying the reports.
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GM Recalls 474,000 Cars For Gear Shift Problem

General Motors Co is recalling 473,841 Chevrolet, Pontiac and Saturn sedans globally to fix a condition that could cause the cars to roll over when the drivers think they are in park gear, the No. 1 U.S. automaker said on Friday.
Traders work on the floor of the New York Stock Exchange on May 1, 2012.

Stimulus Optimism Lifts US Stock Futures

The U.S. stock index futures point to a higher open Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to rejuvenate global economic growth momentum.
Photographer takes pictures of the DAX board at the Frankfurt stock exchange

European Markets Gain On Spain Hopes

The German DAX 30 index advanced 0.40 percent or 29.68 points to 7419.17. Shares of Commerzbank AG rose 0.84 percent and shares of Volkswagen AG climbed 0.70 percent.
Moody's

Moody's Warns India Against Rollback Of Fuel Price Hike

Moody’s has cautioned the Indian government against a roll back of diesel price hike under pressure. The rating agency’s warning came in the background of speculations that the Congress-led government may partially roll back the recent hike in diesel prices and increase the cap on subsidized cooking gas cylinders to quell the public’s opposition to the reform measures it had announced recently.
An investor checks stock information with a computer at a brokerage house in Hefei

Asian Markets Gain On Stimulus Optimism

Most of the Asian markets rose Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to bolster the global economic growth.

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