Content Tagged As stock_markets
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$2.3 billion in trading loss
September 18, 2011 11:47 AM
GENEVA (AP) - Swiss bank UBS has increased the loss it expects from its rogue trading incident to $2.3 billion from the $2 billion figure earlier provided. The bank said Sunday it has "now covered the risk resulting from the unauthorized trading" and its equities business "is again operating normally... more » -
Merkel, Sarkozy to speak on euro crisis
August 5, 2011 5:26 AM
BERLIN (AP) - German Chancellor Angela Merkel is holding a telephone conference with French President Nicolas Sarkozy today as stock markets around the world continue to slide on a combination of worries over the U.S. economy and Europe's debt crisis. Germany's ARD broadcaster reports that the conference will also... more » -
Asian stocks tumble after Wall Street slide
August 5, 2011 5:17 AM
ANGKOK (AP) - Asian stock markets are tumbling amid fears the U.S. may be heading back into recession and Europe's debt crisis is worsening. The sell-off in Asia on Friday follows the biggest one-day decline on Wall Street since the 2008 financial crisis. Japan's Nikkei 225 stock average slid... more » -
Stocks plunge more than 200 points
April 27, 2010 4:16 PM
U.S. stocks followed European markets sharply lower Tuesday after Standard & Poor's downgraded the debt of Greece and Portugal. The rating agency's move intensified investors' fears that Europe's debt problems are spreading. The Dow Jones industrial average ended trading down more than 200 points. All the major market indexes... more »
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