G20 kickstarts trade, but Doha deal languishes
G20 leaders have kickstarted stalling world trade with a substantial infusion of funds to finance export credits, but promises to agree a new Doha trade deal and battle protectionism remain vague.
Stocks hand back G20 gains before U.S. jobs data
World stocks slipped on Friday, handing back some of the gains made after Group of 20 leaders presented a united front to combat the financial crisis as investors grew cautious ahead of a key U.S. jobs report. At their London summit, G20 leaders pledged $1.1 trillion of additional funds to the International Monetary Fund and other institutions and to boost trade finance.
United G20 inspires Asia stocks
G20 leaders convinced investors they were united enough to keep a risk-taking rally alive on Friday, lifting Asian stocks a fourth day, but the U.S. dollar fought back from early losses ahead of the latest U.S. payrolls number due later in the day.
Cautious optimism greets G20 ahead of U.S. jobs data
World leaders drew praise on Friday not so much for the boldness of their $1.1 trillion package to help revive the global economy as for at least not making the crisis worse by failing to agree.
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G20 seals $1.1 trillion deal, markets rally
World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again.
Wall Street climbs on economy, bank rule and G20
Stocks rallied for a third day on Thursday as more data pointed to a stabilizing economy and changes to an accounting rule were seen as shoring up the volatile financial sector in the short term.
Wall Street rallies on economy, bank rule and G20
Stocks rallied for a third day on Thursday as more data pointed to a stabilizing economy and changes to a bank-accounting rule were seen as shoring up the volatile financial sector in the short term.
Oil jumps nearly 9 percent as G20 deal boosts markets
Oil rose nearly 9 percent to top $52 a barrel on Thursday, in line with a broad rally in global markets on hopes actions agreed at the G20 summit in London would restore global growth.
Oil jumps 8 percent as G20 deal boosts markets
Oil rose 8 percent to $52 a barrel on Thursday, in line with a broad rally in global markets, on hopes actions agreed at the G20 summit in London would restore global growth.
Wall Street surges on accounting rule change, G20
Stocks jumped on Thursday as changes in bank accounting rules boosted optimism the financial system may stabilize in the short term, while world leaders agreed on measures to fight the recession.
G20 agrees $1.1 trillion deal to fight crisis
World leaders on Thursday clinched a $1.1 trillion deal to combat the worst economic crisis since the Great Depression, and tightened the rules to stop it happening again.
Oil jumps 7 percent as G20 deal boosts markets
Oil rose more than 7 percent to $52 a barrel on Thursday, in line with a broad rally in global markets on hopes actions agreed at the G20 summit in London would restore global growth.
Wall St rallies on G20, accounting-rule changes
U.S. stocks jumped 4 percent on Thursday after world leaders agreed to pump an additional trillion dollars into the economy to fight the financial crisis and on rule changes aimed at giving banks flexibility when dealing with toxic assets.
G20 agrees on $1 trillion to fight crisis
Leaders of the G20 nations agreed to pump an additional trillion dollars to fight the economic crisis on Thursday, in an effort to shorten the recession and save jobs.
G20 strikes trillion-dollar crisis deal
World leaders agreed a trillion-dollar deal on Thursday to combat the deepest economic downturn since the Great Depression.
Oil jumps to above $52 as G20 meets
Oil rose more than $4 per barrel to above $52 on Thursday as the G20 summit in London raised hopes of a package of measures to restore global growth.
Wall Street jumps on G20 hope, mark-to-market change
Stocks rose for a third straight session on Thursday on optimism the G20 meeting in London will agree on ways to temper the economic crisis and that new U.S. accounting guidance will favor banks.
G20 leaders craft crisis response, markets buoy
World leaders will impose new financial rules on Thursday and triple the war chest of the International Monetary Fund to fight the worst economic crisis since the 1930s, sources at the G20 summit said.
Wall Street climbs on G20, accounting rules hope
Stocks rose for a third straight session on Thursday on optimism the G20 meeting in London will agree on ways to temper the economic crisis and that new U.S. accounting guidance will favor banks.
Wall Street set to rise on G20 hopes
Stock futures pointed to a higher open on Thursday on optimism the leaders at the G20 meeting underway in London will agree on ways to temper the economic crisis.
G20 puts IMF at centre of crisis response
World leaders will impose new financial rules on Thursday and triple the war chest of the IMF to fight the worst economic crisis since the 1930s, monetary sources at the G20 summit said.
Oil jumps to above $51 as G20 meets
Oil rose more than $3 per barrel to above $51 on Thursday as rising equities markets bolstered sentiment during a G20 summit which investors hoped would deliver measures to restore global growth.
Stock futures point to higher open on G20 hopes
Stock futures pointed to a higher open on Thursday on optimism the G20 meeting underway in London will agree on ways to temper the economic crisis.
Oil jumps to around $51 ahead of G20
Oil rose more than $3 per barrel to around $51 on Thursday as rising equities markets bolstered sentiment during a G20 summit which investors hoped would deliver measures to restore global growth.
World stocks soar as G20, ECB meet
World stocks powered higher on Thursday as hopes grew that the U.S. economic decline was reaching a bottom while the euro gained despite expectations of an interest rate cut from the European Central Bank.
Equities soar as G20, ECB meet
World stocks powered higher on Thursday as hopes grew that the U.S. economic decline was reaching a bottom while the euro gained despite expectations of an interest rate cut from the European Central Bank.
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