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Asia, Europe stocks drop on credit woes
LONDON - Asian and European stock markets fell Tuesday as investor confidence in the U.S. financial system eroded further despite a government-backed plan to help beleaguered mortgage financiers Fannie Mae and Freddie Mac.
Nations:Hong Kong India Germany Japan France South Korea Activities:2007 Global Credit Crunch Asian Markets European Markets Source:(AP)
2008-07-15
New credit crisis fears haunt European, Asian stock markets
LONDON (AFP) - European and Asian stocks dropped sharply Tuesday as concern about the credit crunch again spooked investors, but US markets showed some resilience to the prevailing mood of fear.
Nations:Japan France Italy Russia Germany Canada People:George W. Bush Activities:Asian Markets European Markets 2007 Global Credit Crunch
2008-07-09
World stocks slip again
LONDON (Reuters) - World stocks slipped back towards this week's five-month low on Friday as steadying oil prices failed to erase concerns about slowing economic growth and rising inflation, and as banking stocks came under renewed pressure.
Activities:European Markets Source:(Reuters)
2008-07-04
European stocks hold line despite Asian slump
European markets held steady on Monday despite a slump in Asia, after a breathtaking surge in oil prices and shock jump in US unemployment sent Wall Street spinning and fanned fears of a US recession.
Nations:New Zealand Philippines Activities:2008 U.S. Recession 2007 Global Credit Crunch European Markets Source:(AFP)
2008-06-09
Global markets tumble
Global markets plunged Monday on news that JPMorgan Chase, backed by the U.S. government, had to rescue troubled Bear Stearns, with investors struggling to gauge how much worse financial markets could get.
Nations:Switzerland Philippines Activities:Bear Stearns Collapse Hong Kong Markets Japanese Markets European Markets
2008-03-17
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