Major Asian markets opened sharply lower Friday after concerns that another global economic downturn may be on the way sent U.S. and European markets plunging. Tokyo’s Nikkei, Sydney’s Australian Securities Exchange, and Seoul’s Kospi were all down about four percent shortly after opening. Thursday, the Dow Jones Industrial Average in New York plummeted 513 points, […]
Asian Markets Open Sharply Lower After US, European Plunge
Posted August 4th, 2011 at 8:50 pm (UTC-5)
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Stocks Plunge in US, Europe Amid New Worries of Global Downturn
Posted August 4th, 2011 at 4:25 pm (UTC-5)
Stock markets plunged in the United States and Europe on Thursday amid new concerns that the world may be headed for another sharp economic downturn. In the United States, the Dow Jones Industrial Average plummeted more than 510 points, or 4.3 percent, its largest drop since 2008. The U.S. losses came as major European exchanges […]
Stocks Plunge in US, Europe Amid New Worries of Global Downturn
Posted August 4th, 2011 at 1:10 pm (UTC-5)
Stock markets plunged in the United States and Europe on Thursday amid new concerns that the world may be headed toward another sharp economic downturn. Key stock indexes in the United States dropped by more than 2 percent in midday trading, nearly wiping out accumulated gains for 2011. The U.S. losses came as major European […]
NYSE, Deutsche Boerse Set to Merge
Posted July 14th, 2011 at 1:20 pm (UTC-5)
The New York Stock Exchange is one step closer to getting a European owner. Deutsche Boerse shareholders Thursday approved a proposed $10 billion merger with the New York exchange’s parent company. NYSE Euronext shareholders approved the deal last week. The new company would become the world’s largest stock exchange operator, running exchanges in Paris, Lisbon, […]
Cambodia Opens Stock Exchange Without Traders
Posted July 11th, 2011 at 5:55 am (UTC-5)
Cambodia officially opened its long-delayed stock exchange Monday, although no companies are yet listed for trading. Finance Minister Keat Chhon said at the opening of the Cambodia Securities Exchange that trading is expected to begin by the end of the year. He said the government has instructed three state-owned companies to work on listing their […]
