Result Page 160 for Latest Global Markets News & Archive

Yen firm and high-yielders down

The yen firmed broadly on Friday as continued turbulence in global financial markets caused investors to shun risk, cutting their exposure to carry trades.

ABN shares fall on Fortis financing worries: analysts

Shares in Dutch bank ABN AMRO fell as much as 11 pct on Friday as analysts cited a report that Fortis may find it difficult to finance its part of the deal to buy ABN together with Royal Bank of Scotland and Santander.

Futures fall on global equity rout

U.S. stock index futures signaled a further decline on Wall Street on Friday as concerns about the impact of losses related to U.S. subprime mortgages stoked flight from global equity markets.

Fears of global liquidity crisis grip markets

Fears of a global liquidity crisis gathered pace on Friday, hitting stocks and high-yielding currencies, while the European Central Bank and Asian authorities acted to calm surging short-term borrowing costs. What started as trouble with risky U.S. residential mortgages is now gripping global markets.

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Shares swoon on subprime distress

Stocks fell sharply on Thursday as another shoe dropped in the U.S. subprime mortgage sector meltdown, causing investors to flee riskier assets for the relative safety of government bonds. Stocks added to their declines after the Wall Street Journal reported a second Goldman Sachs Group Inc. hedge fund was suffering losses and was selling its positions.

Yen rallies as investors spooked again by risk

The low-yielding yen jumped against the dollar and euro on Thursday as investors trimmed exposure to carry trades after BNP Paribas said three of its funds were hit by problems in the U.S. subprime mortgage sector.

Stocks gain for 3rd day on Cisco; AIG up late

Stocks rose for a third session on Wednesday, a day after the Federal Reserve reassured investors about the economy and technology bellwether Cisco Systems Inc. raised its revenue outlook.

Dollar slips, yen resumes decline in wake of Fed

The yen fell across the board on Wednesday after a Federal Reserve statement cooled expectations for a near-term U.S. interest rate cut and boosted stocks and other riskier assets.

Dollar inches down vs. yen as Fed statement awaited

The dollar crept lower against the yen on Tuesday as investors waited for a Federal Reserve statement that will be scrutinized for any signs of a shift in the central bank's vigilant stance on inflation.

Wall St gets mild lift from Fed view, Cisco up late

Stocks rose on Tuesday after the Federal Reserve said it still saw moderate economic growth ahead even though credit conditions have tightened for some consumers and businesses.

Wynn Resorts posts strong profit, shares soar

Wynn Resorts Ltd posted a profit on Monday that topped Wall Street targets on strong results out of Las Vegas and China's gambling haven of Macau, and the company's shares jumped more than 10 percent in extended trading.

Asian stocks, dlr steady after Wall St rebound

Asian stock markets steadied on Tuesday and the dollar held on to gains versus the yen following a rally on Wall Street, but lingering concerns about a global credit squeeze kept many investors sidelined.

Dow up almost 287 as financials rally

Stocks rallied on Monday as investors snapped up beaten-down shares of financial companies after a sharp drop at the end of last week on mounting concerns about the stability of the credit markets.

Subprime lender shares fall on analyst downgrades

Shares of subprime lenders and companies with a stake in the risky end of the real estate business plunged in midday trading on Monday as analysts downgraded them and negative news continued to worry the market.

Yen sags across the board as U.S. stocks rise

The yen fell broadly on Monday as the U.S. stock market extended gains and benchmark Treasury yields rose.

Bear Stearns shares tumble 7 pct

Shares of Bear Stearns Cos. slid 7 percent late Monday morning after the investment bank's co-president quit amid growing concerns about the company's mortgage investments.

Global Markets: Credit, growth fears batter stocks, hit dollar

Fears of a global credit squeeze and worries about U.S. economic strength swept across financial markets on Monday, shaking up stocks, knocking the dollar to a 15-year low and straining popular currency trades.

Samsung shares pare losses following outage

Samsung Electronics Co. Ltd. shares opened lower on Monday after a power outage at a major plant near Seoul on Friday affected some of its chip production lines, but the stock quickly pared back losses.

Mortgage stress to spur more stock volatility

More signs of weakness in the mortgage market, another surge in oil prices and a Federal Reserve rate decision could create more turbulence for Wall Street this week.

Nikkei down as exporters, banks slip, Toyota gains

Japan's Nikkei average fell 0.87 percent on Monday as exporters such as Canon Inc. lost ground on a tumble on Wall Street and a stronger yen, while bank shares slid again on subprime lending worries and much weaker first-quarter earnings than expected.

Asian stocks hit by U.S. economic worries

Asian stock markets tumbled on Monday with financial shares such as Macquarie Bank hit by global credit jitters, while fresh concerns about the health of the U.S. economy knocked the dollar lower.

Wall St tumbles on credit worries after Bear talks

Stocks slid sharply on Friday after Bear Stearns said credit markets were in their worst shape in two decades, while jobs data aroused further concerns about weakness in the economy.

Dollar steady ahead of payrolls; credit still key

The dollar steadied against other major currencies on Friday, hugging tight ranges as investors shifted their focus to upcoming U.S. employment data from the credit and stock market volatility of recent weeks.

Global stocks steady after earnings soothe credit nerves

World stocks were steady on Friday, off this week's 3-1/2 month low, as robust corporate earnings highlighted the underlying strength of the global economy, calming concerns about a global credit squeeze.

Stocks surge despite credit concerns

Stocks rallied late in the session on Thursday for the second day as enthusiasm about strong profits offset lingering credit concerns, although a modest flight-to-quality bid gave bond prices a slight lift.

Regulators tracking another insider trading ring

U.S. securities market regulators are pursuing a suspected insider trading ring that appears to have been operating in many stock and options markets over several months. Authorities said tracking the suspects has been a team effort among the major exchanges and federal regulators.

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