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
Kidman: 'Australia' film fulfilled childhood dream
SYDNEY, Australia - It was hot and dusty during filming in one of the world's most remote locations. But Nicole Kidman says the prospect of a smooch with Hugh Jackman eased the troubles of working on the Outback romance, "Australia."
Nations:Australia People:Nicole Kidman Baz Luhrmann Keith Urban Hugh Jackman Source:(AP)
2008-11-18
Recession fears deepen as Citigroup slashes 50,000 jobs
TOKYO (AFP) - Asian shares fell Tuesday on mounting fears of an extended global recession after US banking giant Citigroup announced 50,000 job cuts and carmakers on both sides of the Atlantic pleaded for help.
Nations:South Korea Italy Australia People:Henry Paulson Angela Merkel Ben Bernanke Activities:2008 Global Recession Asian Markets
2008-11-17
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
Obama receives congratulations from world leaders
CHICAGO - President-elect Obama accepted congratulations from nine presidents and prime ministers Thursday, returning calls from world leaders who reached out after his presidential victory.
Nations:Mexico U.K. South Korea Canada Afghanistan Iraq People:Kevin Rudd Lee Myung-Bak Nicolas Sarkozy Gordon Brown Felipe Calderon Ehud Olmert Activities:Obama Admin. US Election 2008
2008-11-06
Most Asian markets rebound after recent slides
SEOUL, South Korea - Most Asian stock markets rebounded Tuesday after several days of steep declines as investors snapped up beaten down shares like Honda, Samsung and HSBC. Shares in Europe also opened higher.
Nations:South Korea Australia Thailand Activities:Global Financial Crisis Asian Markets Source:(AP)
2008-10-28
Asia stocks fall on profit fears; SKorea off 7 pct
HONG KONG - Asian stocks fell Thursday, with South Korea's market sinking more than 7 percent, as a barrage of downbeat company forecasts deepened fears of a global recession.
Nations:South Korea Australia Activities:Asian Markets Source:(AP)
2008-10-23
Shiite bloc holds off OK to US-Iraq pact
BAGHDAD - Prime Minister Nouri al-Maliki's ruling Shiite coalition withheld support Sunday for the proposed security pact that would keep U.S. troops here for three more years, dealing a setback to American hopes of a speedy approval of the agreement.
Nations:Iraq Australia Activities:Second Gulf War Source:(AP)
2008-10-19
Stocks plunge anew as data points to recession
Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after a stream of disheartening data convinced Wall Street that a recession, if not already here, is inevitable. The market's despair propelled the Dow Jones industrials down 733 points to their second-largest point loss ever, and the major indexes all lost at least 7 percent.
Nations:India Germany Japan France South Korea Australia People:Ben Bernanke Activities:U.S. Markets
2008-10-15
European markets plunge again; Nikkei plummets
European stock markets slumped in early trading Friday following massive sell-offs on Wall Street and Asia as lending rates between banks continue to rise despite this week's efforts by central banks to break the logjam in credit markets.
Nations:Japan India Russia Germany Philippines France Activities:Global Financial Crisis Japanese Markets European Markets Source:(AP)
2008-10-10
Oil plummets below $83 on global slowdown fears
Oil prices plummeted to a one-year low below $83 a barrel Friday in European trading as investor fears of a severe global economic downturn caused by the crisis in credit markets sparked a panicked sell-off of both crude and equities.
Nations:Australia Germany Japan Activities:2007-8 Oil Crisis Source:(AP)
2008-10-10
Stocks tumble as Street worries about financials
The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector.
Nations:Germany Japan France Australia People:Ben Bernanke Activities:Global Financial Crisis U.S. Markets
2008-10-07
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