Recession fears send world markets down
LONDON - European and Asian stock markets tumbled Thursday after recession fears sent Wall Street plunging the day before.
Nations:Italy South Korea Australia Activities:Asian Markets European Markets Source:(AP)
2008-11-20
China seeks to curb unrest after new riots
BEIJING - China has told police to ensure stability amid the global financial crisis, while thousands of people attacked police and government offices in a northwestern city in unrest triggered by a plan to resettle residents.
Nations:China
2008-11-19
Japan slides into recession, 1st time since 2001
TOKYO - Japan's economy slid into a recession for the first time since 2001, the government said Monday, as companies sharply cut back on spending in the third quarter amid the unfolding global financial crisis.
Nations:Japan Activities:Global Financial Crisis Source:(AP)
2008-11-16
Yao, T-Mac lead Rockets to 91-82 win over Hornets
HOUSTON - Yao Ming scored 21 points, Tracy McGrady added 18 points and nine rebounds, and the Houston Rockets bottled up Chris Paul in a 91-82 victory over the New Orleans Hornets on Saturday night.
People:Aaron Brooks Tracy McGrady Yao Ming Activities:2008 NBA Source:(AP)
2008-11-16
Leaders seek to prevent future economic crisis
WASHINGTON - World leaders battling a historic economic crisis agreed Saturday to flag risky investing and regulatory weak spots in hopes of avoiding future financial meltdowns.
Nations:Japan India Brazil U.K. France U.S. People:Nicolas Sarkozy Jim Leach Gordon Brown Robert Zoellick Angela Merkel Barack Obama Activities:G20 Summit
2008-11-15
Deaths uncounted in China's tainted milk scandal
LITI VILLAGE, China - Li Xiaokai died of kidney failure on the old wooden bed in the family farmhouse, just before dawn on a drizzly Sept. 10.
Nations:China Activities:2008 China Milk Scandal Source:(AP)
2008-11-15
China stimulus relies on motivating thrifty public
BEIJING - China's multibillion-dollar plan to revive sputtering economic growth depends on getting thrifty consumers like Wang, a 22-year-old security guard at a Beijing office building, to get out and spend.
People:Hu Jintao Activities:2008 China Stimulus Plan Source:(AP)
2008-11-13
Stocks plunge for third straight session
NEW YORK - An increasingly despondent Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industrials dropped more than 410 points, and all the major indexes lost more than 4 percent.
People:Henry Paulson Activities:U.S. Markets
2008-11-12
Gong Li's citizenship switch stirs outrage in China
BEIJING (AFP) - Chinese actress Gong Li's decision to become a Singapore citizen sparked an online debate in China Tuesday, with many branding her a traitor but others defending the star.
Nations:China Singapore People:Gong Li Source:(AFP)
2008-11-11
China says stimulus plan important for world
BEIJING - China's massive stimulus package is meant to help support global growth by boosting Chinese investment and consumer spending, Premier Wen Jiabao said Monday.
Nations:Brazil People:Wen Jiabao Activities:2008 China Stimulus Plan China Hu Jintao Admin. Asian Markets Source:(AP)
2008-11-10
China announces $586 billion stimulus plan
BEIJING - China announced a $586 billion stimulus package Sunday in its biggest move to stop the global financial crisis from hitting the world's fourth-largest economy.
People:Wen Jiabao Hu Jintao Activities:Global Financial Crisis Source:(AP)
2008-11-09
China official ends turbulent Taiwan trip
TAIPEI - A Chinese official left Taiwan on Friday after a turbulent visit that produced landmark trade agreements but also sparked angry protests by thousands opposed to China's claim of sovereignty over the self-ruled island.
Nations:Taiwan People:Chen Yunlin Ma Ying-jeou
2008-11-07
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