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TOKYO, Oct. 17 -- Fear of a deep global recession washed over Asian and European markets Thursday, and the financial crisis continued to shake major institutions.
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HONG KONG -- Asian stock markets resumed their downward slide Monday, led by a 12 percent plunge in the Philippines, as government rescue measures failed to ease fears that a global recession would be even worse than expected.
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Stock markets around the world tumbled yesterday after falling oil prices and further downbeat corporate news in the US rekindled fears about a global slide into recession.
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European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted slump.
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A broad selloff on the Toronto stock market led by the energy and financial sectors on Monday sent the index to its worst one-day percentage loss since the crash of October 1987.
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The huge upheaval on the world's stock markets is hurting people everywhere. Anyone with savings, a pension plan or a college fund is sharing the pain. We're interested in your thoughts on this story. How is the turmoil on the world's stock markets affecting you?
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It was another day of big swings on stock markets Thursday as good news from IBM Corp. failed to keep investor hands off the sell button.
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Wall Street shares fall sharply in early trading amid fears of an economic slowdown.
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New Delhi: The reverberations of the global financial turmoil are being felt with greater and greater intensity in the Indian economy as a worried gov
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World stock markets plunged on Friday amid a massive sell-off of stocks and escalating fears about a global recession.
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Panic selling prompted a crash in global equities this week, sweeping many stock markets to their steepest ever falls as investors dismissed moves by governments and central banks to restore calm
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The growing threat of recession in Japan is deepening investor pessimism here, even after the benchmark Nikkei average lost 27.2 pct in the seven trading days through Friday. Since the collapse of U.S. investment bank Lehman Brothers in mid-September, Tokyo
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Bombay Stock Exchange's Sensex closed at 10,536.69, down 791.67 points or 6.99 per cent. The index touched an intra-day low of 10239.76. National Stock Exchange's Nifty ended at 3280.85, down 232.80 points or 6.63 per cent. The 50-share index touched
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ANOTHER week another crisis. As the financial panic continued unabated there were clear signs that the meltdown on the world's money markets was beginning to hurt the real economy with Aer Lingus announcing on Monday that it was seeking 1,500 job cuts.
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When the Indian markets open on Monday morning, the big news for the traders is expected to be the rapid unwinding of inflation for the rest of this fiscal.
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Most Asian stock markets recovered Monday after last week's historic sell-off as governments around the world intensified efforts to boost the ailing financial system.
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The world's stock markets reacted positively to the gathering campaign to bail out the world's troubled banks, with governments on both sides of the Atlantic announcing measures to restore liquidity and inject fresh capital into their ailing banking systems. It was the best day for US stock markets since the rebound following the great crash of 1929
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Stock markets around the world soared yesterday on hopes that the unprece- dented and co-ordinated series of multi-billion-dollar rescue packages from Europe and the US might exercise some control over the global crisis.
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European and Asia stock markets rallied after an historic rally on Wall Street as President Bush confirmed the US government would invest directly in some of the financial institutions that have seen their value wiped out by the global financial crisis
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After surging in early trading today, stocks lost altitude as government officials detailed plans to inject $250 billion in capital into major banks and corporate news tempered the economic outlook.
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Asian markets have soared for a second day, led by a stunning 13 percent jump in Tokyo, after Wall Street rallied from its worst week ever on optimism that government rescue efforts will heal the crippled global financial system.
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The stock markets across the Asia-Pacific region closed lower Wednesday on profit taking from recent rallies. Wall Street's decline overnight, amid concerns that the government measures won't be sufficient to prevent the U.S. economy from entering a deep recession, prompted investors to sell stocks. Hong Kong's Hang Seng index plunged 5% and India's Sensex fell nearly 6%. However, Japan's Nikkei index rebounded in late trade to end in positive territory. Oil prices held steady in the Asian session Wednesday after the contract for November delivery fell overnight in U.S. trading. The Japanese yen rose against the dollar as investors turned risk averse.
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Asian stock markets slipped Wednesday after a two-day rally, tracking Wall Street lower amid concerns that worldwide efforts to boost the financial system won't be enough to stave off a global recession.
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North American stock markets saw large selloffs Wednesday as energy stocks took a hit and investor confidence was weakened by a poor U.S. retail sales report.
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NEW YORK (Reuters) - Gloomy economic data and warnings from the U.S. Federal Reserve that hard times were still to come wiped out two days of relative optimism about the credit crisis and sent markets tumbling on Wednesday.
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The overnight rout on Wall Street set the stage for another awful day in Asia Thursday, with the Nikkei 225 index seeing a dramatic plunge in early trading.
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The losses in Europe's follow similar declines in the U.S., most Asian markets.
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Wall Street suffers its biggest drop in 21 years amid fears of a global recession, sending shares tumbling in Japan.
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