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World stocks retreat on earnings concerns, euro steady
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European shares mostly drop, euro rises
AFP – European stock markets mostly fell on Friday, while the euro rose against the dollar, as investors wound down a week once more overtaken by Spanish debt strains and weak outlooks for the global economy.
London’s benchmark...
Asian markets up on US jobs data, China in focus
AFP – Asian markets rose Friday following another set of promising jobs data from the United States, while dealers were also upbeat ahead of the release of closely-watched Chinese economic figures.
Japanese shares, however, were hit by...
Asian stocks steady, set for losing week on growth concerns
By Alex Richardson
SINGAPORE (Reuters) – Asian stocks and the euro steadied on Friday, but were on course for a losing week as worries about weak corporate earnings and slowing global economic growth limit the appeal of riskier assets.
Mining...
Asian shares weak on growth woes
By Vikram Subhedar
HONG KONG (Reuters) – Asian shares tracked Wall Street lower on Thursday as weak forecasts from U.S. corporate bellwethers underscored concern over global demand, particularly from China, and kept oil and other commodity...
Global shares, oil retreat on world economic growth fear
By Herbert Lash
NEW YORK (Reuters) – Global shares fell for a third day on Wednesday as corporate warnings of slower growth underscored concerns about a sluggish world economy, while oil prices slipped despite worries about the security...
US stocks lower after Alcoa, Chevron warnings
AFP – US stocks closed lower Wednesday amid investor caution after Alcoa said that China’s economic slowdown was hitting aluminum consumption and Chevron slashed its earnings outlook.
Shares took little notice of the improved view...
S&P cuts Spain credit rating two notches to BBB-minus
NEW YORK (Reuters) – Standard & Poor’s on Wednesday cut Spain’s sovereign credit rating by two notches to BBB-minus, citing a deepening economic recession that is limiting the government’s policy options to arrest...
European shares, euro slip on growth, debt fears
By Marc Jones
LONDON (Reuters) – European shares fell for the third day running on Wednesday, while the euro and Spanish and Italian bonds came under fresh pressure as economic anxiety was compounded by stuttering progress in the euro...
Asian markets hit by IMF growth revision
AFP – Asian markets mostly fell Wednesday as investors reacted to losses on Wall Street after the IMF cut its global growth forecast, predicting the slowest rate in three years.
Japanese shares were also hit by the strong yen, with selling...
