Stocks Take Nose Dive On Economic Fears NPR Investors are increasingly worried about economic weakness in the US and a debt crisis in Europe. "We are continuing to be bombarded by worries about the global economy," said Bill Stone, chiefinvestment strategist at PNC Financial. ... See all stories on this topic » | ||
Stocks plunge as economic, Europe worries continue Forbes By DAVID K. RANDALL , 08.04.11, 03:38 PM EDT The stock market is in the midst of its biggest retreat since the financial crisis. The Dow Jones industrial average plunged as many as 440 points Thursday afternoon. It is now down more than 1200 points ... See all stories on this topic » | ||
Treasury Yields Evoke Eisenhower Era as Growth Stalls Bloomberg The yield, which dropped to as low as 2.46 percent today in New York, reached a record low of 2.04 percent in December 2008 during the global financial crisis. Investors are piling into Treasuries after the European Central Bank resumed bond purchases ... See all stories on this topic » | ||
AT A GLANCE: Financial Markets Reel Amid Growth, Debt Fears Wall Street Journal THE EVENT: Concerns about dismal economic growth prospects, the sovereign debt crisis in Europe and the inability of officials around the globe to craft solutions to those problems sparked big losses on financial markets Thursday. US stocks were at ... See all stories on this topic » | ||
Perfect Storm of Terrible News Sends Dow Plunging 300 Points The Atlantic Peter Schroeder at The Hill notes that the Dow "has lost more points in the last two weeks than it did after the House initially failed to approve a bailout of US banks at the height of the financial crisis in 2008." In another rocky day on Wall Street ... See all stories on this topic » | ||
Japan Follows Switzerland in Intervening to Stem Currency's Appreciation Bloomberg In Europe, policy makers have failed to contain a crisis that's required a second bailout of Greece. Spanish and Italian 10-year government bond yields reached euro-area record levels this week on concern that increasing debt-servicing costs and ... See all stories on this topic » | ||
Indonesia Growth Spurs World's Priciest Stocks as BRICs Retreat BusinessWeek Faster growth and lower inflation spurred Standard & Poor's and Fitch Ratings to say this year they may give President Susilo Bambang Yudhoyono's government an investment grade credit grade for the first time since the Asian financial crisis in 1997. ... See all stories on this topic » | ||
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Canadian investors in for rough ride, says economist Global Saskatoon The volatile market has unnerved investors in Canada and around the world. To address some of their concerns, Global News spoke to Martin Schwerdtfeger, senior economist at TD Bank FinancialGroup. Stock markets tumbled Thursday. ... See all stories on this topic » | ||
Bank of New York sets precedent for charging interest on clients for owning cash Examiner.com Now that a new global credit crisis is rising in Europe and the US once again, the need forinvestment banks to get people into, or remain holders of equities is imperative as signs of a market selloff raise questions on the solvency of the global ... See all stories on this topic » | ||
Newspaper Briefing, including 'FTSE 100 led European shares down on US ... Proactive Investors UK The US economy is also flat lining, with slower growth now expected - confidence in the country evaporated overnight and a frantic hour of trading on Wall Street sent the Dow Jones Industrial Average on its worst run since the financial crisis, ... See all stories on this topic » | ||
Austerity Top Priority As Economy Sputters, Americans Suffer Huffington Post From the Wall Street perspective, "inflation is a huge risk," said Troy Davig, US economist at Barclays Capital, the British investment bank. That's because inflation erodes the value of bonds. "It's implicitly defaulting on the debt," he said. ... See all stories on this topic » | ||
COVER STORY FM.co.za Paul Hansen, Stanlib head of retail investing, says an increasing number of Liberty agents and Standard Bank financial planners are repatriating their clients' offshore portfolios. “They've had enough of the complaints from clients about the way the ... See all stories on this topic » | ||
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G20, central banks may have to step in again Montreal Gazette By ANDREW TORCHIA and PAUL CARREL, Reuters August 4, 2011 With financial markets in turmoil and economic growth slowing, policy-makers around the world may once again be forced to co-operate to try to head off a crisis, as they did successfully in ... See all stories on this topic » | ||
US Stocks Plunge As Recession Fears Spur Broad Selloff Wall Street Journal The bank cited the massive dollar deposits it has received over recent weeks, as investors and corporations retreat from financial markets amid Europe's debt crisis and the recent debate over US government borrowing. Investors fled to US Treasurys, ... See all stories on this topic » | ||
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Search on For Safe Investment Ports in Crisis IBTimes Hong Kong By Jeremy Gaunt, European Investment Correspondent | August 4, 2011 9:04 PM HKT The globaleconomy is more sluggish than first thought, government bonds offer no real return, gold is super expensive and stock markets sell off at the slightest setback. ... See all stories on this topic » | ||
Analysis: Crackdown on bank risk leaves "black box" empty IBTimes Hong Kong At the same time, financial watchdogs are putting an end to the behind-closed-doors trading of derivatives, a practice that earned itself a bad reputation in the credit crisis, when arcane derivatives blew up without forewarning. ... See all stories on this topic » |
Aug 4, 2011
FINANCIAL News, Money, Banks, Economic and Financial Crisis, Aug 04, 2011 (2)
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