A look at economic developments and activity in major stock markets around the world Friday:
FRANKFURT — With Greece overdrawn and no one eager to foot the bill, Europe’s messy debt crisis has exposed a fundamental weakness among the 16 countries that share the euro: different and often diametrically opposed approaches to spending don’t make for [...]
Archive for the ‘Asian Finance’ Category
Stocks end mixed after China slows lending again
February 12th, 2010 by Financial Writer
Tags: economic developments, major stock, money surging, real estate prices, stocks
more...A financial crisis, 10 countries, 10 solutions
July 14th, 2009 by Financial Writer
United States
GDP -1.6%
Inflation 0.2%
Unemployment 8.1%
Markets -10.7%
Gallon of gas $1.99
Interest Rates 0% to 0.25%
Challenges Home prices have plummeted since the summer of 2007, devaluing many of banks’ holdings that were backed by mortgages. To prevent further losses, banks largely stopped lending. The economic downturn that ensued led the economy to shed 4.4 [...]
Tags: brazil, China, financial crisis, germany, iceland, india, japan, mexico, rusia, UK, us
Asian stocks rose, the last day of a torrid quarter
June 30th, 2009 by Financial Writer
Asian stocks rose on Tuesday, the last day of a torrid quarter, as investors added to trades based on a rebound in economic activity, while funds slashed bets against a fall in oil prices to keep crude on track for its biggest quarterly gain in 19 years.
Major European stock indexes followed Asia’s example by opening [...]
Tags: Asian stocks, economic activity, torrid quarter, US Treasuries