Oil prices rallied on Wednesday as a slump in U.S. crude oil stockpiles to their lowest level in nearly three years rekindled worries of a winter supply crunch.
Hong Kong stocks on Wednesday rose again as investors made more gains with oil producer PetroChina Co Ltd ending a five session fall.
U.S stocks on Wednesday dropped after Standard & Poor cut its outlook on two companies that insure more than $1 trillion of debt.
Inflation causes ECB to move interest rates if necessary
The European Central Bank is worried about inflation in the eurozone and ready 'to do whatever necessary' to avoid second-round effects, said ECB on Wednesday.
Stock rose on Wednesday after Morgan Stanley said it will sell a stake to a China firm, while the Federal Reserve said it would lend $20 billion to banks to improve market liquidity.
US Stocks rose on Tuesday and stock market across the Asia-Pacific region were trading higher after investors found comfort in the European Central Bank’s $500 billion loan injection to revive demand in struggling areas of the credit market.
Housing construction in November for single-family activity fell to the lowest in more than 16 years.
U.S. Stocks rose Tuesday as investors economic worries were consoled with the European Central Bank's $500 billion injection along with profit gains at Goldman Sachs and Best Buy.
U.S. stocks fell on Monday, as investor grew concerned over rising inflation, sending shares of Exxon and Caterpillar lower.
European stocks on Monday recorded a sharp decline and closed at their lowest in three weeks amid concerns of inflation effects on global markets and expectations of further rate cuts in the United States.
U.S stocks on Monday dropped amid concerns about the impact of mortgage rate on the economy, pushing down shares of bellwethers such as Caterpillar Inc.
Asian share markets, already ragged after five months of turmoil, fell deeper on Monday as rising U.S. inflation and high oil prices fanned concerns the Federal Reserve may be unable to make deeper rate cuts to prevent a possible recession.
U.S. stocks on Friday declined sharply amid concerns that rising inflation may prevent the Federal Reserve from lowering the interest rates which may affect the economy.
Stock futures pointed to a soft start on Wall Street later on Friday ahead of key consumer inflation data that could shape the market's expectations for interest rates.
Treasuries fell on Thursday after two U.S. government reports showed stronger than expected retail sales and inflation in wholesale prices, reducing the chance that the Federal Reserve will need to cut interest rates to give a boost to the economy.
The dollar advanced against the yen and euro on Friday on new data easing concern over a possible recession and reducing the need for an additional interest rate cut from the Federal Reserve to give the economy a jolt.
U.S. Stocks ended lower on Thursday following a mixed batch of economic readings, including a sharp rise in wholesale prices which failed to ease doubts about whether recent moves by the Federal Reserve would improve the economy.
U.S. stocks lowered sharply in late afternoon trading, ending lower than at the start of Wednesday trading, erasing a 272-point rally in the Dow Jones Industrial average.
The Bombay Stock Exchange (BSE) benchmark 30-share sensitivity index, the Sensex crossed the psychological 20,000-mark for the second time on Tuesday, Dec. 11 and closed at a record high, riding on a flurry of buying by investors who were expecting a rate cut by the US Federal Reserve.
Retail shares on Wednesday rose after the Federal Reserve revealed new plans to inject cash into money markets as a way to reduce stress in financial markets.
Asian and European stocks tracked Wall Street lower and the dollar slipped on Wednesday after the Federal Reserve's interest rate cut disappointed investors hoping for more aggressive action.
U.S. stocks sank on Tuesday after the Federal Reserve trimmed interest rates rather than slashing them, letting down investors who fear the economy might slip into recession unless the central bank becomes more aggressive.
U.S. stocks dipped during Tuesday afternoon trading following the Federal Reserve's decision to cut its benchmark interest rate by a quarter-point to 4.25 percent.
U.S. Treasuries fell on Monday after news of higher than expected home sales and the world’s largest bond insurer, MBIA said it would receive new capital to alleviate concerns over its liquidity.
The euro rose against the dollar and yen on Monday, as investors await that the Federal Reserve will lower interest rates Tuesday to boost the economy.
U.S Stocks gained in Monday trading as Swiss bank UBS issued a profit warning and announced a capital injection and investors bet the Federal Reserve will cut interest rates at its policy meeting on Tuesday.
World stock markets are in for their most modest annual gains for years in 2008 thanks to the global credit crunch and an evolving economic slowdown, Reuters polls showed on Monday.
Global stocks erased early losses on Monday, dollar money market tensions eased and the U.S. currency held near one-month highs against the yen ahead of an expected Federal Reserve interest rate cut this week.
The dollar slipped against most major currencies on Monday, reversing some recent strong gains ahead of an expected U.S. interest rate cut by the Federal Reserve this week.
Stocks headed for a higher open on Monday, with financial shares set to lead gains after news of the latest large capital injection into a major bank by wealthy investors.
