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Aug 19, 2011

EUROPE News, Aug 19, 2011


Asia ends lower, Europe starts in the red
CNNMoney
Asian stocks ended broadly lower, European stocks opened in the red and US futures pointed to a down start. Japan's Nikkei (N225) finished down 224 points, or 2.5%, at 8719.24, near its low for the session. In China, the Shanghai Composite (SHCOMP) ...
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Europe's Markets Start Mixed
Wall Street Journal
By TOBY ANDERSON LONDON—European stocks opened mixed Friday, with investors increasingly disillusioned with efforts by euro-zone authorities to tackle the issue of sovereign debt within the region and worries about a potential double-dip global ...
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PRECIOUS-Gold hits record above $1850 on growth, Europe woes
Reuters
Renewed fears about the health of Europe's banks encouraged the flight of investors from stocks to safe haven bets such as gold. Spot gold rose 1.6 percent to an all-time high of $1853.2 an ounce, and stood at $1847.56 an ounce by 0632 GMT. ...
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WSJ: Renewed Fears Europe's Banks Too Weak To Withstand Debt Crisis
Wall Street Journal
By Charles Forelle A dramatic sell-off in European financial markets on Thursday renewed fears thatEurope's banks are too weak to withstand the Continent's debt crisis, increasing the chances that the region's leaders will be forced to pursue radical ...
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The Wrong Idea
New York Times
Europe's post-2008 economic problems have differed from America's in many important ways. Washington has mercifully never had to cope with the problem of a dollar torn apart by the separate taxing and spending policies of 17 sovereign governments. ...
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Japan, Australian Stock Futures Fall on Global Growth, Europe Debt Concern
Bloomberg
By Akiko Ikeda and Toshiro Hasegawa - Thu Aug 18 23:13:06 GMT 2011 Japanese and Australian stock futures fell on heightened concern the global economy is slowing and Europe's debt crisis will damage the banking system. American depositary receipts of ...
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European shares fall in early trade; Autonomy soars
Reuters
LONDON Aug 19 (Reuters) - European shares fell early on Friday, extending the previous session's steep decline, on worries that major economies could be headed into recession, and that policymakers have no solutions for the euro zone debt crisis. ...
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Dismal data in U.S., Europe send stocks into new dive
STLtoday.com
The Dow Jones industrial index dropped 419 points as investors in the US followed the lead of those in Asia and Europe. Thursday's sell-off was an unwelcome echo of last week's gyrations, and economists say the economic weakness and the stock markets' ...
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India Stock Futures Decline on Signs Global Growth Is Faltering
Bloomberg
By Santanu Chakraborty and Rajhkumar K Shaaw - Fri Aug 19 06:53:05 GMT 2011 Indian stocks plunged, with the benchmark index set for its longest weekly losing streak since 2008, on concern the US economy is faltering and Europe's debt crisis may spread, ...
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Taking Stock: Investors Begin to Recalibrate Expectations
Wall Street Journal
He said a confluence of uncertainty in the US and Europe have prompted his bearish tone. Were his expectations to ring true, the Dow would be right around 9000 and the S&P 500 would be below 1000. "The fear levels are so high right now that it leads ...
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Money markets: Dollar funding costs rebound on Europe fears
Reuters
Investors rushed to secure near-term dollars via FX swaps while short-term money market rates in Singapore and Switzerland traded in negative territory as broader market volatility and plunging prices of European bank shares prompted investors to seek ...
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Shares resume slide on US, Europe financial fears
ABC Online
The net result of overnight action was a widespread return to the view that the US and Europe would double-dip into recession. That saw other Asian markets lose ground as well, with Japan's Nikkei down 2.5 per cent by its close, Hong Kong's Hang Seng ...
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Recommended: Europe and Russia aim for Mars
msnbc.com
By Alan Boyle A top space official says Europe and Russia will follow up on their simulated 520-day mission to Mars with a real flight to Mars and back — although there's not yet any time frame set for the mission. The pledge came on Wednesday from ...
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Germany, France Seek 'True European Economic Government'
Voice of America
18 August 2011 Germany, France Seek 'True European Economic Government' TO DOWNLOAD the MP3 of this story, click on the MP3 link in the upper right corner of the page. Double-click any word to find the definition in the Merriam-Webster Learner's ...
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Fears Over Europe, US Weigh On Banks, Markets
NPR
by Yuki Noguchi Citigroup, JPMorgan Chase and Bank of America all have billions of dollars invested in troubled European countries. Citigroup, JPMorgan Chase and Bank of America all have billions of dollars invested in troubled European countries. ...
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European bank stocks fall on fear of funding crunch
Globe and Mail
Revelations this week that one unnamed bank in the euro zone has been forced to borrow $500-million (US) from the European Central Bank to maintain the flow of funds to its business sent waves through the markets. Though the loan involved a relatively ...
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Globe and Mail
Europe, US and the local share market
Ninemsn
The Australian share market had its biggest fall in two weeks on Friday following US and Europeanstocks south. Investors are afraid the world is headed for a second global recession just two years after the end of the global financial crisis. ...
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Hyundai Heavy, Korea Shipyards Fall as Europe Debt Concerns May Hit Orders
Bloomberg
By Kyunghee Park - Fri Aug 19 06:44:45 GMT 2011 Hyundai Heavy Industries Co., the world's biggest shipyard, fell the most in almost three years in Seoul trading as Korean shipbuilders tumbled on concerns that an economic slowdown and European debt ...
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Treasury Bonds Rise in Global Rally; Set for Fourth Weekly Gain
BusinessWeek
Stocks in the US, Europe and Asia headed for weekly drops amid signs the world economy is slowing and Europe's debt crisis will damage the banking system. “We've had a massive hit on confidence and it's hard to recover from that,” said Vincent ...
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Stock markets are walloped by another sell-off as fears of recession build
Washington Post
By Cezary Pokdul and Peter Whoriskey, Stock prices plunged in a broad sell-off Thursday amid renewed fears about the finances of countries and banks in Europe in a return of the investor skittishness that led to last week's wild market swings. ...
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HK Shares End Lower On Worries Over Europe's Debt Problems
Wall Street Journal
HONG KONG (Dow Jones)--Hong Kong shares ended lower Thursday, tracking weakness in Asian markets, as investors remained jittery amid worries about Europe's debt problems and a slowdown in the US economy. The blue-chip Hang Seng Index fell 272.76 points ...
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Top Europe reggae festival opens, Marley family stars
Reuters
By Jonathan Gleave MADRID (Reuters) - Europe's largest reggae festival Rototom Sunsplash opens its gates on Thursday in the Spanish resort of Benicassim, where over 200000 fans are expected over 10 days of Jamaican-inspired music headlined by leading ...
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Reuters
Europe Commodity Day Ahead: Commodities Set for 4th Weekly Loss
Bloomberg
By Chanyaporn Chanjaroen - Fri Aug 19 07:23:30 GMT 2011 Commodities dropped, heading for a fourth weekly loss, as oil and grains tumbled on concern slower economic growth will weaken demand. Gold advanced to a record for the second day as investors ...
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Europe's Emerging Currencies Slammed after US Data Disappoint
Wall Street Journal
By Clare Connaghan LONDON (Dow Jones)--Europe's emerging-market currencies nosedived Thursday as a slew of disappointing US economic data sent fear and panic across financial markets, resulting in investors rushing for the exits. ...
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Gold Hits Record on US Growth, Europe Woes
CNBC.com
Gold surged to record highs on Friday for a second consecutive session as investors reached for the safety of bullion amid a worsening economic outlook for the United States and concern about the health of Europe's banks. The physical market saw thin ...
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A Third Solution for Europe Will Stabilize Markets
Seeking Alpha
Global markets have been rattled recently by European uncertainty over the fate of sovereign debt by PIIGS (Portugal, Italy, Ireland, Greece, Spain). It was estimated by Goldman Sachs in July 2011, that total European bank exposure to PIIGS debt is ...
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Belgium music festival canceled after stage collapse kills 5
CNN International
By the CNN Wire Staff (CNN) -- One of Europe's largest outdoor music festivals was canceled after a stage collapsed during a violent storm in Belgium, killing five people and wounding 50 others, organizers said. Belgian authorities confirmed Friday ...
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European Sovereigns Swap With Companies
Wall Street Journal
Option 1: A collection of 125 European companies exposed to the risk of bankruptcy, profit warnings, mergers and acquisitions and cut-throat competition. Option 2: France, the fifth-largest economy in the world. According to the credit-default-swap ...
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Wall Street Journal
Asian stock prices open sharply lower
UPI.com
18 (UPI) -- Asian stock prices got off to a dismal start Friday, pointing to another day of rout as investors assessed huge losses on Wall Street and in Europe. There was nothing to cheer them on their own terrain after the 420-point pounding the Dow ...
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Oil Drops as Much as 1.3%, Extending Plunge After Banks Cut Growth Outlook
Bloomberg
Brent oil for October settlement declined $1.09, or 1 percent, to $105.90 a barrel on the London-based ICE Futures Europe exchange. Prices are 2 percent lower this week and 17 percent below this year's high. Brent's premium has widened amid supply ...
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VW in the Fast Lane, for Now
Wall Street Journal (blog)
By Steve McGrath Volkswagen labor Chief Bernd Osterloh has confirmed what Europe's biggest car maker has been saying for most of this year–demand is still very strong for its cars. In fact, Mr. Osterloh says, VW's factories are running at full capacity ...
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Finland to Lower Spending, Raise Taxes to Narrow Budget Deficit
Bloomberg
By Kati Pohjanpalo - Thu Aug 18 16:12:25 GMT 2011 Finland plans to reduce spending and raise taxes to balance the budget as the Nordic nation prepares to tackle rising costs to care for Europe'sfastest aging population. ...
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New Releases on Nintendo Download Services in Europe (08/18/11)
VGChartz
by Gabriel Franco 12 hours ago, 724 views Nintendo released four new games today in Europe. Urban Champion was released as a "3D Classic" in the Nintendo 3DS e-shop, WiiWare received Flight Control and the DSiWare received Moto eXtreme and My Asian ...
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Apple Leads In West European PC Growth, Competitors Tank
TechCrunch
Learn More Western Europe is a tough place to be for PC manufacturers right now. According to a report from technology research firm Gartner, sales are down nearly across the board, with just a single exception: Apple. In fairness, even though Apple ...
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Warren Mosler: The Steps Needed to Fix Europe's Debt Crisis
NewsMax.com
By Fred Fleitz Structural problems in the European Union have played a significant role in the current European debt crisis says Warren Mosler, principal and co-founder of AVM, an international bond firm with 30 years of experience in Europe and author ...
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Gold hits record above $1850 on growth, Europe woes | China ...
By CBN
Gold hits record above $1850 on growth, Europe woes.
China business news
I CARE - News - Internet Centre Anti Racism Europe
"They had waited for over a week for calm sea conditions to depart," he told a news briefing in Geneva. In April, the International Organisation for Migration (IOM) said the tiny island of Lampedusa had been "overwhelmed" by migrants ...
I CARE News English
Montgomerie: Woods Should Play In Europe - Sports News Story ...
Colin Montgomerie thinks he knows what can help Tiger Woods.
KOAT.com - Sports
European stocks to extend slump; gold scales new record | AAJ News
By Reuters
European stocks are slated for another fall on Friday after Asian stocks slumped on growing fears the US economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic ...
AAJ News
Fears Over Europe, U.S. Weigh On Banks, Markets | KOSU Radio
By KOSU News
Fears Over Europe, U.S. Weigh On Banks, Markets. Share this article and spread the love. Join the conversation! Post a comment on this article. Fears Over Europe, U.S. Weigh On Banks, Markets. Filed by KOSU News in US News. ...
KOSU Radio
Fears Over Europe, U.S. Weigh On Banks, Markets
U.S. banks have a lot at stake over in Europe: Citigroup, JPMorgan Chase and Bank of America all have billions of dollars invest in trouble European countries and are feeling the effects of their problems. Experts say that tremors are ...
GPB News Feed
Girl, 15, becomes youngest in Europe to get bionic fingers ...
By Geeta
A 15-year-old girl has become the youngest person in Europe to be fitted with bionic fingers in a 38000 pound operation.Chloe Holmes, who lost all her fingers.
Hamara News covers Politics, Sports ...
Stocks slump on U.S. recession fears, Europe woes ... - Financial News
By topic:nasdaq - Google News
Stocks slump on U.S. recession fears, Europe woes. Reuters 1 of 3. An investor is reflected in a screen showing stock information at a brokerage house in Shenyang, Liaoning province August 10, 2011. By Frederik Richter SINGAPORE ...
Financial News
Europe's Markets Start Mixed – Wall Street Journal | Wall Street ...
By Google Inc.
LONDON—European stocks opened mixed Friday, with investors increasingly disillusioned with efforts by euro-zone authorities to tackle the issue of sovereign debt within the region and worries about a potential double-dip global . ... all 893 news articles ». Short URL: http://www.wallst.net/?p=233220. Posted by Google Inc. . You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed. ...
Wall Street Financial News
Morgan Stanley Wary of US, Europe, Upbeat on ... - Live Trading News
By Shayne Heffernan
Morgan Stanley Wary of US, Europe, Upbeat on BRIC and Obama is seen as one of the major problems along with politicians in Europe. Morgan Stanley cut its.
Live Stock Trading News | Equities,...
European visitors to online news sites up 11pc - Marketing ...
New figures from comScore reveal that 167.2 million people visited newspaper websites in Europe in June 2011, up 11pc from a year ago.
Business and Leadership - News
ESL: NESL announces Creative Nations Championship - News - Europe ...
Online Multiplayer Gaming: Play CS, CSS, CoD, SC2, Quakelive, DotA, FIFA, PES and more against real opponents.
www.esl.eu/eu/lol/europe/news/167949/
Netflix entering Europe via Spain? - I4U News
Now finally there are signs that Netflix comes to Europe. Now of course the times have changed and there are several digital movie download and streaming ...
www.i4u.com/47543/netflix-entering-europe-spain
Apple Blocks Rival Tablet Across Europe - One News Page World
Apple Blocks Rival Tablet Across Europe: The Samsung Galaxy Tab 10.1 will have to be removed from sale across Europe following a judgment in a.
www.onenewspage.com/.../Apple-Blocks-Rival-Tablet-Across-...
Europe News
Europe News. Debt in Europe Fuels a Bond Debate. The New York Times | August 16, 2011 | 08:31 AM EDT. FRANKFURT — The Germans want to bury it. ...
m.eu.cnbc.com/europe/top_stories/44000746

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