Asian Markets

South Korea Slashes Interest Rate, Japan Calls Emergency Meeting After Shares Hit 26-Year Low

Reuters | Kevin Plumberg | Posted 10.26.2008 | Business


South Korea resorted to a record interest rate cut and Japan called an emergency meeting after shares hit a 26-year low as Asian governments scrambled...

Asian markets plunge after huge Wall Street losses

AP | TOMOKO A. HOSAKA | Posted 10.09.2008 | Business


TOKYO — A massive sell-off on Wall Street and an escalating global equity crisis sent Asian stocks plunging Friday, with Japan's benchmark Nikke...

Global stocks volatile on bailout rejection

AP | EMILY FLYNN VENCAT | Posted 09.30.2008 | Business


LONDON — Volatile world stock markets showed mixed reactions Tuesday to U.S. lawmakers' rejection of a $700 billion economic rescue plan, with g...

World Stock Markets Rally

AP | LOUISE WATT | Posted 04.02.2008 | Business


LONDON — Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the w...

Shell-Shocked Bear Stearns Employees Turn To Psychologists

ABC News | Russell Goldman | Posted 03.19.2008 | Business


Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...

US, Global Markets: What's Next?

The Huffington Post | Posted 03.17.2008 | Business


Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...

What Bear Stearns' Meltdown Means To You

ABC News | ALICE GOMSTYN | Posted 03.17.2008 | Business


Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...

Bear Sterns Is Worth Less Than Your Sister's White-Trash Husband

236.com | 23/6: News You Can Misuse | Posted 03.17.2008 | Home


JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...

Investors Fear Financial Crisis Will Keep Spreading

NY Times | LANDON THOMAS Jr. | Posted 03.17.2008 | Business


The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...

Senator Reid Slams Bush's Handling Of The Economy

New York Times | STEVEN LEE MYERS | Posted 03.17.2008 | Politics


As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...

Obama, Clinton Cite Economic Distress

AP | TOM RAUM | Posted 03.17.2008 | Politics


WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...

Stocks Widely Mixed on Bear Stearns News

AP | MADLEN READ | Posted 03.17.2008 | Business


NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...

Is Lehman Next?

CNN/Money | Colin Barr | Posted 03.17.2008 | Business


Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...

Global, US Market Updates

Huffington Post | Posted 03.17.2008 | Business


UPDATED 7:20pm EST: New York Times: Dow Ends Flat After Day Of Gyrations A day that loomed darkly on Wall Street ended with only a modest decline i...

Asia Falls, Europe Shrugs on Dow Plunge

AP | TOBY ANDERSON | Posted 02.06.2008 | Business


LONDON — European stocks shrugged off sharp drops in Asian markets Wednesday after a tumble on Wall Street fanned investor fears that a U.S. rec...

Markets Enter Second Week Of Global Turmoil

AP | TOBY ANDERSON | Posted 01.28.2008 | Business


LONDON — Global market turmoil extended into a second week as European and Asian markets tumbled Monday in the wake of Wall Street's drop on Fri...

A Meeting of Consequence: The Abu Dhabi Dialogue on Temporary Contractual Labor

James Zogby | Posted 01.25.2008 | Politics


James Zogby

Officials from over two dozen nations met in Abu Dhabi to address the critical issue of labor migration. By any measure, it was a meeting of consequence.

Congress Seeking New Stimulus Package To Jolt Slumping Economy

AP | ANDREW TAYLOR | Posted 01.23.2008 | Business


WASHINGTON — House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworke...

World Markets Still Volatile

AP | TOBY ANDERSON | Posted 01.23.2008 | Business


LONDON — European shares dropped sharply Wednesday while Asian shares rose in a volatile market mix as investors digested the U.S. Federal Reser...

Asian Stocks Rally Following Fed Interest Rate Cut

Reuters | Louise Heavens | Posted 01.22.2008 | Business


Asian shares rallied on Wednesday with Hong Kong jumping 7 percent after the Federal Reserve's biggest interest rate cut in over two decades tempted i...

Asia Markets Tumble on US Worries

AP | YURI KAGEYAMA | Posted 01.21.2008 | Business


TOKYO — Global stock markets extended their shakeout into a second day Tuesday, plunging amid worries that a possible U.S. recession will cause ...

Asian Markets Had Strong, If Volatile, Year

AP | Thomas Hogue | Posted 12.31.2007 | Business


Asian stock markets had a strong, if volatile, year with China leading the pack as investors bet on the region's continued growth prospects. Several ...

Asian Markets Dip After Wall Street Decline

AP | CHISAKI WATANABE | Posted 11.08.2007 | Business


Asian markets fell Thursday after Wall Street posted its second big drop in a week as investors worried about the extent of fallout from the global cr...