6 October 2008, 5:35 am
Stocks tumbled Monday in Europe and Asia, and oil fell below $90 for the first time since February as fears grew that the financial crisis is spreading to the world economy, The New York Times’s David Jolly and Keith Bradsher reported.... read more
6 October 2008, 2:04 am
SHANGHAI (XFN-ASIA) - China B-shares closed sharply lower as investors, returning from a week-long holiday, tried to catch up with global market losses last week as the credit crisis continued to unfold.... read more
6 October 2008, 1:06 am
SHANGHAI (XFN-ASIA) - China A-shares closed sharply lower as investors returned from a week-long holiday, with the market tracking losses in the region amid worries that a financial sector rescue may not prevent the US economy from sliding into a recession.... read more
6 October 2008, 12:23 am
Stock markets fell sharply across Asia on growing fears about the health of banks around the world and the prospects for a downturn in Asian exports.... read more
6 October 2008, 12:20 am
Oct. 6 (Bloomberg) -- Asian stocks , U.S. and European index futures fell as deteriorating credit markets forced new bailouts of Hypo Real Estate Holding AG and Fortis. The euro slumped to a 13-month low, while Treasuries advanced.... read more
5 October 2008, 11:17 pm
Chinese stocks fell Monday amid worries about spreading global fallout from the U.S. bad debt crisis as investors caught up on recent news following a weeklong national holiday.... read more