Markets Shrug Off Cyprus Rejection of Bailout Plan
Financial markets on Tuesday shrugged off the Cypriot parliament's rejection of a plan to confiscate part of people's bank deposits in order to qualify for an international bailout loan.
world markets
China's Economic Woes Weigh On Asia Stock Markets
World stock markets edged off recent highs in uneven trading Tuesday as worries grew about China's recovery and Europe's doldrums
World Stocks Surge; Dow Breaks All-Time High
World stock markets rose Tuesday as investors applauded China's pledge to stick to economic growth targets for its economy, the world's second largest. Outgoing Premier Wen Jiabao said the government would spend what it needs to meet the target of 7.5 percent enshrined in the latest five-year development plan.
Signs of Firm U.S. Recovery Trigger Market Gains; Dow Around 14,000
Evidence that the U.S. economic recovery is firmly on track drove markets higher on Friday, adding to the cheer from good economic indicators out of Europe. The Dow traded momentarily above 14,000 for the first time since October 2007.
'Cliff' Deal Sends Stocks Up, But Problems Lurk
The "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year.
Fiscal Cliff Impasse Pushes World Stock Markets Lower
Fear that congressional Republicans and President Obama will fail to steer the United States away from the fiscal cliff before a January deadline sent world stock markets lower on Wednesday. Britain's FTSE, Germany's DAX, Japan's Nikkei and France's CAC-40 all fell, and on Wall Street, both the Dow and the S&P 500 opened lower.
Markets Nervous as Eurozone Finance Ministers Meet on Greece
Concerns that European finance ministers will again fail to reach an agreement on handing over more bailout cash to Greece weighed on markets Monday. In addition, an election in Spain's Catalonia region that saw separatists gain ground is also adding to global investor worries.
World Markets Rally on Fed Vow to Do More
World stock markets rallied Friday after Federal Reserve Chairman Ben Bernanke signaled that the central bank would do more to stimulate the U.S. economy.
Why Japan Is Rushing to Aid Europe: It's All About China
World markets got a boost this week from Japan's pledge to help overly indebted EU nations. What's behind Japan's move? Sure, the spirit of global cooperation is part of it. But much more significant is Tokyo's need to keep pace with Beijing in the influence game.