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News Source: Xinhuanet.com
| about 1 year ago
Wall Street tumbled again Wednesday with all the major indexes dropping more than 7 percent, a day after the Bush Administration announced new measures to take stake in major banks to strengthen the banking industry. Under the take-it-or-...
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News Source: Sydney Morning Herald
| about 1 year ago
The Dow Jones industrials dropped as much as 572 points, more than half their huge 936-point advance from Monday, and all the major indices fell at least five per cent...The release of the Beige Book, the assessment of business conditions from the...
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News Source: Kiev Post
| about 1 year ago
Here is how major stock markets outside the United States ended on Oct. 15...The Nikkei average reversed course and rose 1.1 percent as a sense of panic over the financial crisis eased, though worries about the global economy and company earnings...
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News Source: Al Jazeera
| about 1 year ago
European leaders have called for substantial reforms to the world's banking system during a European Union summit meeting in Brussels. Nicolas Sarkozy, the French president, who is chairing the talks, also appealed to all 27 leaders to back a plan...
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News Source: Yedioth Ahronoth
| about 1 year ago
World stocks fell Wednesday after poor US retail sales data stoked concerns that global efforts to restore confidence in the financial system will not be enough to stave off a deep recession. Wall Street followed Europe and most Asian stocks in...
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News Source: Androscoggin News
| about 1 year ago
European stocks down sharply on recession fears (42 mins ago) Europe's main stock markets were sharply lower in afternoon trade following a weak opening in New York on fears the financial crisis will lead to a global recession, dealers said. Paris...
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News Source: International Herald Tribune
| about 1 year ago
Stocks fell Wednesday in Europe following a mixed session in Asia, as investors began to face the likelihood that serious dislocations will plague the global economy even if the coordinated bailouts announced this week succeed in restoring confidence...
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News Source: Tulsa World
| about 1 year ago
Wall Street headed for a mixed open Wednesday ahead of some key reports on retail sales and bank earnings that could show investors how badly the financial crisis is slamming the broader economy. The Commerce Department is expected to report that...
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News Source: Voice of America
| about 1 year ago
Major stock indexes in Asia are Europe are lower Wednesday, reflecting concerns that global efforts to rescue the world economy and get credit flowing again will not stop a recession. While Tokyo's Nikkei index closed up one percent, the Hang Seng...
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News Source: Uinta County News
| about 1 year ago
The euro slid slightly against the dollar Wednesday as investors priced in the possibility that the global economy could slip into a recession. The 15-nation euro bought US$1.3625 in European morning trading, down from the US$1.3650 in New York late...