19 Aug '11, 3pm

Wall Street helps markets steady after sharp losses

Wall Street helps markets steady after sharp losses

LONDON - Global stock markets took another beating on Friday, but after massive losses there were some signs of stabilisation as investors combed through the wreckage to look for bargains. Dealers said a steadier start on Wall Street helped calm nerves after a brutal sell-off wiped out trillions of dollars on fears the US and eurozone debt crises combined with a sharp growth slowdown pointed to another global recession. Asian markets tumbled earlier Friday, sending Europe down again very sharply, with losses of four percent and more in some centres before they picked up. In New York, the blue-chip Dow Jones Industrial Average was up 0.50 percent at around 1445 GMT while the tech-dominated Nasdaq Composite -- which plunged more than five percent on Thursday -- gained 1.21 percent. Concerns about faltering US economic growth and the eurozone's debt crisis have shaken global ...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

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songofstyle.blogspot.com 19 Aug '11, 12pm

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European stock markets rebound from sharp losses

European stock markets rebound from sharp losses

channelnewsasia.com 11 Aug '11, 9am

LONDON - Europe's main stock markets rebounded sharply on Thursday, after sliding the previous day on unfounded rumours of...

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lpga.com 22 Aug '11, 8pm

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Asian markets down in jittery trade

channelnewsasia.com 18 Aug '11, 7am

HONG KONG: Asian stock markets were down in jittery trade Thursday as global economic uncertainty shook confidence and Jap...

Markets are Stabalising now

thefinance.sg 26 Aug '11, 11am

Touch wood, but I note that markets are stabalising now. Especially since the price of gold has plummeted from its highs o...

World stock markets rally

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channelnewsasia.com 12 Aug '11, 11pm

NEW YORK: World stock markets finished a rollercoaster week on a high note Friday, with traders breathing easier but still...

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greentechmedia.com 18 Aug '11, 6pm

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