European Union regulators have blocked the planned merger of the New York and Frankfurt stock exchanges, a $10 billion deal that would have created the world’s largest financial market operator. The EU’s Competition Commissioner, Joaquin Almunia, said Wednesday the proposed deal between the owners of the New York Stock Exchange and the Deutsche Boerse exchange […]
EU Blocks New York-Frankfurt Stock Exchange Merger
Posted February 1st, 2012 at 9:50 am (UTC-5)
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Key US Stock Index Advances as Asian, European Markets Fall
Posted August 5th, 2011 at 4:30 pm (UTC-5)
The Dow Jones Industrial Average rebounded to finish up Friday, a day after plummeting 513 points amid fears the global economy may be headed to a new downturn. The key U.S. stock index rose 61 points (one-half of a percent) in a day of volatile trading. The other major U.S. indexes, the NASDAQ and S&P […]
US Stock Advance as Asian, European Markets Fall
Posted August 5th, 2011 at 2:40 pm (UTC-5)
U.S. stock indexes advanced on Friday in a volatile day of trading, even as Asian and European markets fell amid fears that the global economy was headed to a new downturn. The American markets teetered between gains and losses, but moved ahead on news that debt-plagued Italy will speed up a package of austerity reforms […]
World Stock Markets Still Sliding
Posted August 5th, 2011 at 12:00 pm (UTC-5)
Stock markets across the world continued their slide Friday as fears heightened that the global economy was headed to a new downturn. Asian stock markets dropped sharply, following Thursday’s steep sell-off in the United States. Later, European and U.S. markets also fell, although not as sharply as the day before. U.S. markets whipsawed in volatile […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 10:05 am (UTC-5)
Asian stock markets dropped sharply Friday, following Thursday’s sell-off in the United States. But major U.S. and European indexes seemed to be recovering some of their lost ground after what was seen as a positive unemployment report Friday. The main Dow Jones Industrial Average in the United States gained almost 1 percent in Friday’s early […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 8:55 am (UTC-5)
Asian stock markets dropped sharply Friday and major European indexes lost ground in early trading as investors worried about another world economic downturn. In the United States, however, stock index futures pointed to a recovery of some losses on Wall Street, following a relatively positive unemployment report. On Thursday the Dow Jones Industrial Average showed […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 7:45 am (UTC-5)
Asian stock markets dropped sharply Friday, following Thursday’s steep losses in the United States and Europe that were blamed on investors’ fears of another world economic downturn. Tokyo’s Nikkei index closed down 3.72 percent at its lowest level in five months, and Hong Kong’s Hang Seng plunged more than 4 percent. Some European markets showed […]
Stocks Plunge in US, Europe, Asia Amid New Worries of Global Downturn
Posted August 5th, 2011 at 7:05 am (UTC-5)
Stock markets plunged again Friday, amid new concerns that the world may be headed for another sharp economic downturn. Key European markets were as much as two percent lower at midday Friday, after falling nearly four percent Thursday. In Asia, markets fell Friday, with Tokyo’s Nikkei closing down 3.72 percent and hitting its lowest level […]
Stocks Plunge in US, Europe, Asia Amid New Worries of Global Downturn
Posted August 5th, 2011 at 4:50 am (UTC-5)
Stock markets plunged around the globe Thursday and Friday, amid new concerns that the world may be headed for another sharp economic downturn. In Asia, markets fell Friday, with Tokyo’s Nikkei closing down 3.72 percent and hitting its lowest level in five months, while Hong Kong’s Hang Seng tumbled 4.3 percent. Key European markets opened […]
Stocks Plunge in US, Europe, Asia Amid New Worries of Global Downturn
Posted August 5th, 2011 at 2:45 am (UTC-5)
Stock markets plunged around the globe Thursday and Friday, amid new concerns that the world may be headed for another sharp economic downturn. In Asia, markets fell Friday, with Tokyo’s Nikkei closing down 3.72 percent and hitting its lowest level in five months. Hong Kong’s Hang Seng tumbled more than 4.5 percent in afternoon trading. […]
