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Greece rescue talk supports stocks

Asian stocks rose on Wednesday after reports that Europe was close to bailing out debt-strapped Greece, coaxing investors back to riskier assets, though uncertainty kept a lid on the euro.

Why gold price will plunge to $800 per ounce

In the last few months, we have been reading predictions and forecasts from bullion analysts who insisted and argued that gold price is booming to touch $2,000, $3,000, $5,000, $10,000 per ounce in the coming years. These forecasts have caught people's attention who have been pouring money into gold and other precious metals all these months. But after the big surge of gold price to $1,227 per ounce some two months back, the yellow metal has been climbing down the ladder of speculation.

European governments agree to help Greece: source

European governments have agreed in principle to help heavily indebted Greece, a senior German coalition source said on Tuesday, in what would be the first rescue of a euro zone member in the currency's 11-year history.

Stocks rally on possible loan guarantee for Greece

U.S. stocks rose Tuesday on investors' relief that help for Greece may finally arrive.

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Futures buoyed by Greece rescue talk

Stock index futures rose on Tuesday as speculation that European Union nations could bail out debt-burdened Greece bolstered sentiment.

ECB Trichet departure sparks Greece rescue talk

European Central Bank President Jean-Claude Trichet is cutting short a trip to Australia to attend a special European Union summit, prompting market speculation initiatives are in the works to help resolve Greece's debt problems.

Futures lifted by Greece rescue talk

Stock index futures rose on Tuesday, buoyed by hopes that European Union nations could bail out debt-burdened Greece.

Asian shares mixed; euro wins respite

Asian shares broadly rose on Tuesday, led by Taiwan and South Korea, and the euro staged a small rebound from its recent drubbing, but Japan and Australia fell as investor sentiment remained weak on euro zone fiscal concerns.

Asian shares struggle, euro wins respite

Asian share markets struggled to hold firmer ground on Tuesday but won some respite from recent losses, while the euro rose tentatively as investors took a break from selling it off over fiscal concerns in the euro zone.

Euro zone debt worries sink Dow below 10,000

The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.

Basic materials stocks fall as dollar recovers; Financials weigh

U.S. stocks erased morning gains to close lower on Monday as the basic materials and financial sector weighed down the market.

Dow closes below 10,000 on euro zone debt woes

The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.

Greek unions promise strikes

Greek civil servants threatened on Monday to stage more strikes in protest at government austerity measures, heightening fears debt-laden members of the euro zone may struggle to deliver on promises to tackle stretched budgets.

G7 talk on Greece fails to soothe investors, euro dips

The euro and growth-linked currencies fell on Monday as investors unwound risky trades amid growing worries about eurozone's debt problems, dismissing assurances from European finance ministers at the weekend.

Recovery, debt woes to hound

U.S. stocks face more turbulence that could send indexes spiraling through key levels this week as doubts about the global recovery's pace persist and fears linger over Europe's sovereign debt woes.

Euro zone seeks to calm Greek crisis fears at G7

The euro zone's top finance officials sought on Saturday to calm concerns about a deep budget crisis that has roiled financial markets and raised questions about the future of the single currency group.

G7 focuses on Europe debt

Finance chiefs from the world's rich powers focused on the euro zone's debt crisis at an Arctic summit and a top official said Europe was determined to solve its problems without the International Monetary Fund.

G7 mulls threat from euro debt woes

Finance chiefs from the world's rich powers opened an icy summit on Friday mulling how to prevent worry about deepening southern European debt from derailing an already fragile global recovery.

Recovery, debt woes to hound stocks

Stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe's sovereign debt woes rattle sentiment.

Stock market closes up; basic materials lead rally

After declining for most of the day on continued worries of contagion from Greece's sovereign debt and a disappointing nonfarm payrolls report, U.S. stocks staged a comeback around 2:00 pm to close higher, led by commodities firms.

CORRECTED: Wall Street tumbles for 2nd day on euro zone, jobs

(Corrects final paragraph to show Dow briefly slipped below 10,000 on Thursday, but didn't close there)

CORRECTED: Wall Street slips after jobs data

(Corrects paragraph 2 to show Dow didn't close below 10,000 on Thursday, but did slip briefly below that level)

Stocks tumble for 2nd day on euro zone, jobs

U.S. stocks fell on Friday, failing to recover from the previous day's brutal selloff, after U.S. jobs data pointed to a slow recovery and investors worried about the health of the euro zone's weakest economies.

Stocks slip after jobs data; euro-zone fears linger

U.S. stocks fell in choppy trade on Friday as investors struggled to interpret a mixed jobs report, while sovereign debt troubles in the euro zone roiled markets heading into the weekend.

Euro zone faces biggest strains since launch

Facing the most severe economic strains since its birth 11 years ago, the euro zone looks likely to hold together for now but the exit of some of its weaker members cannot be ruled out in the long term.

Policymakers try to calm markets amid euro sell-off

European policymakers scrambled on Friday to reassure markets on the stability of their 16-nation currency bloc as investors shed euro assets for a second day on fears about debt-laden member states like Greece and Portugal.

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