Global financial crisis in October latest news

2012/05/26 18:16

11h

Euro Falls Most in 2012 on Spain Turmoil

The euro had its biggest weekly loss since December against the dollar as Greece’s anti-bailout party gained in the polls and amid a deepening crisis in Spain. The shared currency fell for a fifth...

2012/05/26 18:16

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2012/05/26 18:16

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2012/05/26 06:53

22h

Troubled Spanish bank seeks state aid package

Troubled Spanish bank seeks state aid package Spain’s fourth largest bank has requested a multi-billion euro bailout package from the country’s government, Press TV reports. Just hours after credit...

2012/05/26 05:19

1d

Stocks fall on Wall Street as Spanish bank teeters

NEW YORK (AP) — Another flare-up in Europe’s debt crisis knocked markets lower in afternoon trading Friday. This time, it was more trouble at a major Spanish bank. Stock indexes were waffling between...

2012/05/26 01:37

1d

US data, Europe woes to set tone @ Sat May 26 2012

NEW YORK, May 26 — Investors will grapple next week with major US economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for...

2012/05/26 00:08

1d

Spanish tremors cause Wall Street fall

THE major US stock indices were in the red Friday as traders again looked to events across the Atlantic ahead of a long holiday weekend. The Dow Jones Industrial Average, Nasdaq and S&P 500...

Read more at Perth Now, Channel NewsAsia

2012/05/25 21:40

1d

Stocks snap three week losing streak

U.S. stocks fell Friday, but ended higher for the week, as concerns about the debt crisis in Europe weighed on the market ahead of a long weekend. Investors on both sides of the Atlantic are worried...

2012/05/25 15:55

1d

Stocks little changed; Europe in focus

Stocks little changed; Europe in focusInvestors on both sides of the Atlantic worried U.S. stocks were little changed Friday as investors weighed ongoing worries about Europe against an optimistic...

2012/05/25 12:54

1d

Once again Greece tries to exit

Shawkat Hammoudeh Greece has been a hot topic recently, and it needs a detailed plan on how it can orderly exit the eurozone. The plan includes elements that should minimize the risk to Europe and...

Read more at The Globe and Mail

Eoin Fahy European Central Bank Paul Taylor DUBLIN Bank of Montreal

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2012/05/24 09:04

2d

EU leaders support growth, give few concrete plans

BRUSSELS (AP) — European Union leaders concluded their latest summit early Thursday with few concrete steps to fix the continent's festering financial crisis even as the potential for a messy Greek...

2012/05/24 08:34

2d

Asia shares ease

A bull and a bear styrofoam figurine. Asian shares eased on Thursday as markets were vulnerable to faltering factory orders in China and lack of concrete measures shown by European leaders to tackle...

2012/05/24 07:52

2d

Late rally erases steep losses on Wall Street

NEW YORK — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday. The Dow was down as much as 191 points earlier as the threat of a financial...

2012/05/24 02:26

3d

Late-time reversal saves Wall Street from sharp l...

NEW YORK, May 23 -- U.S. stocks ended narrowly mixed on Wednesday, thanks to a late-session reversal as news from Europe showed European leaders were probably close to a deal to keep Greece in the...

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